627 E 28th Street Minneapolis, MN 55407

Other Residential MLS #: 6685211 Courtesy Of HomeAvenue Inc

$614,900

6 beds | 3,529 sq ft
Print property details Share
Est. Property Tax: $8,248
Estimated monthly payments: $3,375/mo.* (recalculate)

Property InformationDescription

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

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Concrete
  • Heating System: Baseboard, Forced Air, Hot Water
  • Lot Size: 0.11 Acres

MAP & DIRECTIONS

Get Directions
627 E 28th Street, Minneapolis, MN 55407
View Directions

School Information

627 E 28th Street, Minneapolis, MN 55407

Other Nearby Schools Distance Type Grades School Rating
Cristo Rey Jesuit High School Twin Cities 0.3 mi Private 9-12
Andersen United Middle School 0.4 mi Public 6-8
Augsburg Fairview Academy 0.4 mi Public 9-12 F
Lirio Montessori 0.6 mi Public PK-KG
Hope Academy 0.6 mi Private KG-12
Early Childhood Assessment/special 0.7 mi Public PK
Ecse 0.7 mi Public PK
Hennepin Elementary School 0.7 mi Public KG-5 D-
Wellstone High School - Sws 0.7 mi Public 9-12 D
Mps Metro Sj 0.7 mi Public KG-12
Wellstone International High School 0.7 mi Public 9-12 F
Loring Nicollet Extended 0.8 mi Public 9-12
Loring-nicollet High School 0.8 mi Public 9-12 D-
Center School Extended 0.8 mi Public 7-12
Center School 0.8 mi Public 7-12
Siembra Montessori / Centro Tyrone Guzman 0.8 mi Private PK-KG
Green Central Park Elementary School 0.8 mi Public PK-5 C-
Merc Extended 0.9 mi Public 9-12
Merc 0.9 mi Public 9-12 D
Whittier International Baccalaureate World School 0.9 mi Public PK-5 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Minneapolis, MN 55407

Median Age: 32.8
Married: 37%
Number of Households: 14,580
Households with Children: 32%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.