Minneapolis, MN 55407,627 E 28th ST
Minneapolis, MN 55407,627 E 28th ST
Minneapolis, MN 55407,627 E 28th ST
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$614,900
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3,529 SqFt
Active

627 E 28th ST Minneapolis, MN 55407

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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,529 sqft

Price per Sqft $174

Subdivision Auditors Sub 215

MLS Listing ID 6685211

Year Built 1917

Annual Tax Amount $8,248

Tax Year 2024

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 114 x 41

Property Sub-Type Other

Property Description

An incredible opportunity awaits with this unique dual-property investment! This rare find includes two income-generating properties, offering multiple options—rent both for maximum returns or live in one while leasing the other to offset ownership costs.
2801 Oakland Ave (Zoned R5) is a beautifully updated single-family home featuring 4 bedrooms and 2 baths with modern renovations throughout. The kitchen, bathrooms, and flooring have been completely updated, while vinyl-clad replacement windows and a brand-new roof (6 months old) add long-term value. Each bedroom is equipped with electronically operated key access, adding to the ease of managing short-term rentals. The lower-level bedroom can easily serve as a family room or flex space.

627 E. 28th Street is a multi-family property with two updated 1-bedroom, 1-bath units—one on each level. Both kitchens and bathrooms have been fully renovated. Also, the unit features refurbished windows, window treatments, a new boiler, and a new roof enhancing efficiency and appeal.

Both properties are turn-key and income-producing, with a proven track record of long-term and short-term rental success. Furniture is available for purchase. Additional highlights include a shared 2-car detached garage plus extra parking lot space.

Whether you're an investor seeking strong rental income or a homeowner looking to supplement your mortgage, this versatile property is a must-see!
Don't miss out on this exceptional investment opportunity—schedule a tour today!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Finished, Storage/Locker, Storage Space, Unfinished

Interior

Heating Baseboard, Boiler, Forced Air, Hot Water

Fireplace No

Exterior

Parking Features Detached, Insulated Garage, Parking Lot

Garage Spaces 2.0

Fence Chain Link, Partial

Roof Type Age 8 Years or Less

Building

Lot Description Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light

Story Two

Foundation 1506

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis


Listed by Gregory Lawrence • HomeAvenue Inc

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agent

Laura Melquist

Broker Associate | License ID: FA.100094137

+1(303) 578-0755

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627 E 28th ST