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$614,990 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • 3 Car Garage
  • Updated 3 days ago
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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 rooms and a pet fee are not in current income. Units 2 to 4 are leased into 2027. This would also make an excellent property to "house hack" with owner living in the vacant unit and having the other Units pay a considerable portion of the payment every month! This property is just a short walk from the 38th Street LRT station for easy commuting. Lake Hiawatha with its walking paths and the golf course are nearby, along with Northbound Smokehouse & Brew Pub, Key West Coffee and Aluvava gluten-free bakery! Don't miss the opportunity to own a great investment property in the very desirable Minneapolis Standish neighborhood!

Full Property Details for 3809 28th Ave S

General

  • Price: $614,990
  • Taxes: $9,490 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7151695
  • Updated: 10/4/2026
  • Added to Site: 5 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Basement, Common Area, In Basement, Common Area

Additional Information

  • Shared Amenities: Laundry, Coin-op Laundry Owned

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Assigned, Detached Garage, Asphalt

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Subd Altruria-Lots 1 To 5 & 12
  • Neighborhood: 73
  • Driving Directions: HIAWATHA TO 38TH, WEST ON 38TH TO 28TH, SOUTH ON 28TH, BUILDING ON EAST SIDE

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Shared Access, Storage Space, Unfinished
  • Foundation Size: 1500
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 3,000
  • Above Ground: 3,000 Sq. Ft.
  • Below Ground: 1,500 Sq. Ft.
  • Finished Down/Base.: 4,500 Sq. Ft.
  • Year Built: 1925

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 40 x 125
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks)

Financial Considerations

  • Operating Expenses: $20,667
  • Tax Amount: $9,490.18
  • Tax Year: 2026
  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Gas
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 028 BLOCK 001 SUBD ALTRURIA-LOTS 1 TO 5 & 12
  • Property ID: 1202824110101

Listed by RE/MAX Results

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Schools serving 3809 28th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Northrop Elementary School
4315 South 31st Avenue, Minneapolis, MN 55406
K-50.7 mi
Sanford Middle School
3524 42nd Avenue South, Minneapolis, MN 55406
6-81 mi
Roosevelt High School - Sws
4029 South 28th Avenue, Minneapolis, MN 55406
9-120.3 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 3809 28th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/04/2026
Listed
$614,990
80.88%
MLS
10/26/2006
Sold
$340,000
—
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 3809 28th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,490
4%
$497,000
—
2025
$9,126
5%
$497,000
-8%
2023
$8,699
8%
$539,000
9%
2023
$8,073
—
$496,000
-5%
2023
$8,073
-5%
$522,000
10%
2020
$8,500
9%
$474,500
12%
2019
$7,802
16%
$423,500
18%
2018
$6,700
9%
$359,000
12%
2017
$6,123
2%
$320,500
5%
2016
$6,012
8%
$305,000
14%
2015
$5,559
1%
$268,500
8%
2014
$5,527
-1%
$248,000
—
2013
$5,560
—
$248,000
—
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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3809 28th Avenue S, Minneapolis, MN 55406 (MLS# 7151695) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 3809 28th Avenue S is currently listed for $614,990 and was received on October 02, 2026. Want to learn more about 3809 28th Avenue S? Do you have questions about finding other Multi-Family 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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