$614,990
 $3,301 est/mo Sourced by Back At You

3809 28th Avenue S,Minneapolis, MN 55406

Minneapolis, MN 55406

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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 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!

Details

MLS #7151695
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site8
Listing Provided ByRE/MAX Results | Taylor Doolittle

Features

Bed(s)4
Bath(s)4
SQ Feet3,000
Garage3
BasementY
Story(s)2
Units4
ZoningResidential-Multi-Family
Acreage0.11

Interior

HeatingHot Water

Exterior

RoofAge 8 Years or Less
Lot FeaturesPublic Transit (w/in 6 blks)

Parking

Parking FeaturesAssigned, Detached Garage, Asphalt

Taxes

Property9490

Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55406
Area73
Community NameSubd Altruria Lots 1 To 5 & 12
School District1
High SchoolMinneapolis
Listing VS Median (in Subd Altruria Lots 1 To 5 & 12)
Price:
$614,990
low | high
Med:
$487,490
70.732044423487% of Average
sqft:
3,000
low | high
Med:
2,142
78.616666666667% of Average
$ / sqft:
$205
low | high
Med:
$243
31.563626867077% of Average
On site:
8
low | high
Med:
22
36.363636363636% of Average
Sourced by Back At You

Market Activity 55406

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 10, 2026 at 10:43:05 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinneapolis
Zip Code55406
Area73
Community NameSubd Altruria Lots 1 To 5 & 12
School District1
High SchoolMinneapolis
Listing VS Median (in Subd Altruria Lots 1 To 5 & 12)
Price:
$614,990
low | high
Med:
$487,490
70.732044423487% of Average
sqft:
3,000
low | high
Med:
2,142
78.616666666667% of Average
$ / sqft:
$205
low | high
Med:
$243
31.563626867077% of Average
On site:
8
low | high
Med:
22
36.363636363636% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $461K - $768K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
3852 Standish Avenue Property Photo 1
$529,900
3852 Standish Avenue
Minneapolis, MN 55407
Listing Updated: October 5, 2026 at 12:46:52 PM PDT