$395,000

2840 28th Avenue S, Minneapolis, MN 55406

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$395,000

(5,000) 04/27/2026

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

2840 28th Avenue S Minneapolis, MN 55406

For Sale MLS# 7033772

3 beds 2 baths 1,920 sq ft Multi-family

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

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Data current as of 30/04/2026 14:41:11

Details for 2840 28th Avenue S

MLS# 7033772

Description for 2840 28th Avenue S, Minneapolis, MN, 55406


Well-maintained duplex in a prime South Minneapolis location with strong rental income and major updates already completed. The main floor unit offers 2 bedrooms, 1 bathroom, living room, dining room, kitchen, and walkout access to a deck/patio. The upper unit features 1 bedroom, 1 bathroom, living room, dining room, and kitchen. The shared basement includes laundry, storage, and utilities, and the property also offers a shared 2-car garage and large fenced backyard. Numerous recent improvements provide peace of mind, including new roof (2024), new chimney (2024), two new boilers (2022), updated electrical (2022), two new water heaters with exhaust system (2022), new garage door (2026), shared laundry with 1 washer (new 2022) and 2 dryers (one new 2022), and new backyard fence (2022). Both units are currently tenant occupied, offering immediate income: $1,495/month for the main unit (lease through October 2026) and $1,200/month for the upper unit (lease through March 2027). Conveniently located near the METRO Blue Line, the Midtown Greenway, neighborhood parks, shopping, restaurants, and schools including Universal Academy Charter School and Hiawatha Collegiate High School. Great opportunity for investors or owner-occupants looking for a well-located duplex in Minneapolis.

Listing Information


Property Type: Multi-family, Duplex Up and Down

Status: Active

Bedrooms: 3

Bathrooms: 2

Lot Size: 0.17 Acres

Square Feet: 1,920 sq ft

Year Built: 1906

Foundation: 860 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: South Side Add

Number Of Units Total: 2

County: Hennepin

Days On Market: 22

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Additonal Room Information

Laundry: In Basement

Interior Features


Square Footage above: 1,920 sq ft

Basement: Storage Space, Owner Access, Shared Access, Daylight/Lookout Windows, Concrete Block, Poured Concrete

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Boiler, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Open Parking: 2

Parking Description: Driveway - Shared, Detached Garage, Shared Garage/Stall, Garage Sq Ft - 320.0

Exterior: Fiber Board

Roof: Age 8 Years or Less, Asphalt Shingles

Lot Dimensions: 157x48

Zoning: Residential-Multi-Family

Driving Directions


From Hwy 55 southbound from downtown. Left on Lake St. Left on 28th Avenue S. Property is on the left hand side.

Financial Considerations


Tenant Pays: Electric,Heat,Lawn,Snow

Owner Pays: Repairs,Trash,Water

Gross Income: 32340

Expense: 2616

Tax/Property ID: 3602924440179

Tax Amount: 5194

Tax Year: 2026

HomeStead Description: Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 2840 28th Avenue S

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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