3809 28th Avenue S, Minneapolis, MN 55406 (MLS# 7151695)

3809 28th Avenue S, Minneapolis, MN 55406

New Listing

$614,990

Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 4,500 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $614,990 List Date: 10/04/2026 Last Modified: 10/05/2026

Overview

Description

Classic Minneapolis stucco fourplex with four one bedroom, one bath apartments available for a new owner! The front has traditional brown shutters, vintage 1920’s styling and a red entry awning. Inside, strip oak hardwood floors, arched plaster openings, cast iron radiators heated by gas boilers and Art-Deco windows run through the apartments, with dark stained woodwork in many living and dining rooms. Bathrooms have white tile, glass block windows and pedestal sinks. Unit 1 is vacant and has ceiling fans, a white steel kitchen with vintage built-in drainboard sink as well as recently refinished floors. Behind the building are a fenced back yard and a three-stall garage, with spaces renting separately, plus one additional assigned parking space. All garage spaces and additional parking is currently leased. Each unit has a private basement storage room, and the building has coin laundry. Tenants pay their own gas and electric. The owner pays water, sewer and trash. Four more storage r ... (Read more)

Listing Details MLS# 7151695

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1925
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1500
Above Ground SqFt: 3000
Below Grd Total SqFt: 1500
Total SqFt: 4500
Foundation Size: 1500
Style: (MF) Four Plex
Total Finished Sqft: 3000.00
Garage Stalls: 3
Lot Dimensions: 40x125
Acres: 0.11
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility Basement: Full; Shared Access; Storage Space; Unfinished Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Hot Water Laundry: Common Area; In Basement Lot Description: Public Transit (w/in 6 blks) Owner Pays: Insurance; Sewer; Taxes; Trash Collection Parking Characteristics: Assigned Road Frontage: City Street Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Informal Dining Room Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 3 Appliances: Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Window Unit 4 Appliances: Range; Refrigerator Unit 4 Bath Description: Main Floor Full Bath Unit 4 Cooling: Window Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 614990
ListPrice: 614990
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3809
Street Name: 28th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Complex/Dev/Subdivision: Subd Altruria-Lots 1 To 5 & 12

Assessments

Tax With Assessments: 9490.18

Building Information

Finished SqFt Above Ground: 3000

More Information

Income and Expenses

Annual Gross Expenses: 20667
Annual Gross Income: 49775
Annual Insurance Expense: 5740
Annual Net Income: 29108
Annual Repair Expense: 1350
Misc. Annual Income: 4197
Total Annual Expenses: 20667

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 600

Public Survey Info

Range#: 24
Section#: 12
Township#: 28

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Finished SqFt: 750
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2027-06-30
Leased?: Yes
Unit Number: 2
Annual Rent: 12600
Finished SqFt: 750
Full Baths: Yes
Monthly Rent: 1050
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 3

Furnished?: No
Lease Expiration Date: 2027-04-30
Leased?: Yes
Unit Number: 3
Annual Rent: 13020
Finished SqFt: 750
Full Baths: Yes
Monthly Rent: 1085
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 4

Furnished?: No
Lease Expiration Date: 2027-04-30
Leased?: Yes
Unit Number: 4
Annual Rent: 12720
Finished SqFt: 750
Full Baths: Yes
Monthly Rent: 1060
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 4

Listing Office: RE/MAX Results

Last Updated: October - 05 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

3809 28th Avenue S, Minneapolis, MN 55406 (MLS# 7151695)