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For Sale:  Minneapolis MLS# 6789336

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Active
$365,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1929
1,377 sqft • 0.12 acres
Minneapolis schools
MLS# 6789336
763-576-8286
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    Property Description

    Welcome to 4244-4246 28th Ave S — a charming and character-rich side-by-side duplex nestled in a great Minneapolis neighborhood! Located a block away from Lake Hiawatha and fabulous coffee shops and restaurants. Whether you're looking for a smart house-hack or a solid investment property, this home checks all the boxes. Each unit showcases beautiful hardwood floors, preserving its timeless appeal while offering comfort and durability. The updated bathrooms add a fresh, modern touch to the classic layout, and both units feature newer furnaces for efficient heating. The lower level boasts brand new windows, bringing in natural light and improving energy efficiency throughout. The exterior has been well maintained with a newer roof, offering peace of mind for years to come. You’ll love the unbeatable location — just minutes from major freeways, public transit, and some of Minneapolis’ most beloved parks. This duplex offers convenience, character, and strong rental potential in one of the city's great neighborhoods. Whether you're living in one side and renting out the other or fully leasing both units, the opportunity for equity and income growth is undeniable. A true gem for both first-time investors and seasoned buyers alike! Enjoy added privacy and storage with a separate lower level and garage stall for each unit. Come see the possibilities — schedule your showing today!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $365,000
    Price per sq ft: $265
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1929
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55406
    Neighborhood/Area: Standish
    Subdivision Name: Rice Lake Terrace Add

    Interior

    Finished Area: 1,377 ft2
    Living Area: 1,377 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 19x21
    Garage Size: 399 ft2
    Foundation Size: 1,377 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.925506, -93.232504
    Lot Dimensions: 40 x 126

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $720
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $2,400
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: $8,660
    Annual Trash Expense: $660
    Annual Water/Sewer Expense: $780
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,362
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,362

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Fathom Realty MN, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.