2801 Oakland Avenue, Minneapolis, MN 55407

Minneapolis
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
2801 Oakland Avenue,Minneapolis, MN 55407
$575,000
  • 6 Beds
  • 4 Baths
  • 3,529 sq. ft.
  • Multi-family
  • Pending
Listed by: jacob milton
Office: keller williams premier realty lake minnetonka
MLS#:7002981
Source:NSMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$125.71

About this home

This unique offering features two separate homes on one shared lot, creating a rare and flexible investment opportunity with gross income of $82,496! The first property, 627 E 28th Street, is a multi-family home with approximately 1,400 finished square feet and includes two 1-bedroom, 1-bath units arranged in an up-and-down layout. The upper unit is currently leased as a long-term rental, while the main-level unit operates as a short-term rental. The second property, 2801 Oakland Avenue, is a single-family home zoned R5 with 2,129 finished square feet, offering 4 bedrooms and 2 bathrooms and currently used for short-term rentals by the owner. Both homes are set up for easy rental management with separate, secure entry access for each unit. Furniture may be purchased separately. The Oakland Avenue home has seen extensive updates, including renovated kitchen and bathrooms, updated flooring, vinyl-clad replacement windows, and a newer roof. All bedrooms feature electronic key access,

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Home facts

  • Year built:1917
  • Listing ID #:7002981
  • Added:57 day(s) ago
  • Updated:March 08, 2026 at 09:10 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Block
  • Living area:3,529 sq. ft.

Heating and cooling

  • Heating:Baseboard, Boiler, Forced Air, Hot Water

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1917
  • Building area:3,529 sq. ft.
  • Lot area:0.11 Acres
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$125.71
  • Tax amount:$8,248 (2025)
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