627 E 28th Street, Minneapolis, MN 55407
Local realty services provided by:Better Homes and Gardens Real Estate First Choice



627 E 28th Street,Minneapolis, MN 55407
$595,000
- - Beds
- - Baths
- 3,529 sq. ft.
- Multi-family
- Active
Listed by:gregory w lawrence
Office:homeavenue inc
MLS#:6685211
Source:NSMLS
Price summary
- Price:$595,000
- Price per sq. ft.:$130.08
About this home
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!
Contact an agent
Home facts
- Year built:1917
- Listing Id #:6685211
- Added:152 day(s) ago
- Updated:July 19, 2025 at 08:52 PM
Rooms and interior
- 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
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$130.08
- Tax amount:$8,248 (2024)
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