627 E 28th ST Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55407
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