Home for Sale in Minneapolis
627 E 28th Street
Minneapolis, MN 55407

Price
$614,900

MLS #
6685211

Status
Active


Request Showing

Property Details

No. of Units
3

Year Built
1917

Square Feet
4,574

Acres
0.11

2024 Property Taxes
$8,248

School District
Minneapolis

County
Hennepin


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!

6685211
Leaflet | Map data © Mapbox contributors

MN-62 W and 1-35W N to E 28th Street in Minneapolis. Take exit 15B from 1-35W N. Use right land to turn right onto E. 28th St.


MN-62 W and 1-35W N to E 28th Street in Minneapolis. Take exit 15B from 1-35W N. Use right land to turn right onto E. 28th St.

Unit Information


Unit 1

Unit 2

Unit 3

Features


Electric
Circuit Breakers

Heating
Baseboard,Boiler,Forced Air,Hot Water

Sewer
City Sewer/Connected

Water
Public

Fencing
Chain Link,Partial

Additional Info


Listed By
Gregory Lawrence of Home Avenue Inc

Listed
03/14/25 and last updated 03/15/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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