627 E 28th Street, Minneapolis, MN

$614,900

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3,529

Square feet

0.11

Acres

About 627 E 28th Street

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!

Features of 627 E 28th Street

MLS® # 6685211
Price $614,900
Bathrooms 0.00
Square Footage 3,529
Acres 0.11
Year Built 1917
Type Residential Income
Sub-Type Other
Style Other
Status Active

Community Information

Address 627 E 28th Street
Area Phillips West
Subdivision Auditors Sub 215
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

Amenities Common Laundry
# of Garages 2
Garages Detached, Insulated Garage, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler, Forced Air, Hot Water
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light
Roof Age 8 Years or Less
Construction Stucco

School Information

District Minneapolis

Additional Information

Days on Market 37
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeHomeAvenue Inc

Listing Map

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