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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 395,000

Est. payment -/mo

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Active

2840 28th AVE S Minneapolis, MN 55406

3 Beds

2 Baths

1,920 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $205

Subdivision South Side Add

MLS Listing ID 7033772

Bedrooms 3

Year Built 1906

Annual Tax Amount $5,194

Tax Year 2026

Contingent None

Lot Size 7405.000 Acres

Lot Dimensions 157x48

Property Sub-Type Duplex Up and Down

Property Description

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.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

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

Interior

Heating Boiler

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached Garage, Shared Driveway, Shared Garage/Stall

Garage Spaces 2.0

Roof Type Age 8 Years or Less,Asphalt

Building

Story Two

Foundation 860

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Mic Nowak • Edina Realty, Inc.

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

2840 28th AVE S Minneapolis, MN 55406

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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