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$400,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 3 Beds
  • 2 Total Baths
  • 1,920 Sq. Ft.
  • 2 Car Garage
  • Updated 19 hours ago
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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.

Full Property Details for 2840 28th Ave S

General

  • Price: $400,000
  • Taxes: $5,194 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7033772
  • Updated: 4/8/2026
  • Added to Site: 7 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement, In Basement

Additional Information

  • Shared Amenities: None

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Shared Driveway, Shared Garage/Stall

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: South Side Add
  • Neighborhood: 44
  • Driving Directions: From Hwy 55 southbound from downtown. Left on Lake St. Left on 28th Avenue S. Property is on the left hand side.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Owner Access, Concrete, Shared Access, Storage Space
  • Foundation Size: 860
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 1,920
  • Above Ground: 1,920 Sq. Ft.
  • Finished Down/Base.: 1,920 Sq. Ft.
  • Year Built: 1906

Lot Features

  • Lot Size (Acres): 7,405
  • Lot Dimensions: 157 x 48
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $2,616
  • Tax Amount: $5,194
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Repairs, Trash Collection, Water
  • Tenant Pays: Electricity, Heat, Lawn Care, Snow Removal
  • Pays Electric: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 011 BLOCK 018 SOUTH SIDE ADDN TO MPLS
  • Property ID: 3602924440179

Listed by Edina Realty, Inc.

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— 2840 28th Ave S —

  • Edina Realty, Inc.

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Schools serving 2840 28th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Anishinabe Academy
3100 East 28th Street, Minneapolis, MN 55406
PK-50.3 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-81.3 mi
Dowling Elementary School
3900 West River Parkway, Minneapolis, MN 55406
K-51.9 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2840 28th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$400,000
26.18%
MLS
12/30/2021
Sold
$317,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2840 28th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,521
14%
$320,000
3%
2023
$3,951
5%
$311,000
5%
2023
$3,770
—
$296,000
7%
2023
$3,770
-15%
$277,000
10%
2020
$4,454
7%
$252,000
10%
2019
$4,157
10%
$229,000
11%
2018
$3,786
6%
$206,500
8%
2017
$3,570
—
$190,500
4%
2016
$3,558
2%
$184,000
7%
2015
$3,480
4%
$171,500
12%
2014
$3,342
5%
$153,000
5%
2013
$3,196
—
$145,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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2840 28th Avenue S, Minneapolis, MN 55406 (MLS# 7033772) is a Duplex property with 3 bedrooms and 0 full bathrooms. 2840 28th Avenue S is currently listed for $400,000 and was received on April 02, 2026. Want to learn more about 2840 28th Avenue S? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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