627 E 28th Street, Minneapolis, Minnesota 55407

MN, Minneapolis
$595,000
  • Residential Income Property Type
  • 1917 Year Built
  • Active Status
See All 37 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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!

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6685211
  • Price: $595,000
  • Year Built: 1917
  • Listing Status: Active
  • Office Name: HomeAvenue Inc
  • Property Sub Type: Other
  • Roof: Age 8 Years or Less
Features
  • Heating System Forced Air,Baseboard,Hot Water,Boiler
  • Basement Finished,Storage Space,Unfinished,Storage/Locker
  • Fence Partial,Chain Link
  • Parking Detached,Parking Lot,Insulated Garage
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55407
  • Street: 28th
  • Street Number: 627
  • Street Suffix: Street
  • Longitude: W94° 44' 2''
  • Latitude: N44° 57' 6.4''
  • Directions: MN-62 W and 1-35W N to E 28th Street in Minneapolis. Take exit 15B from 1-35W N. Use right land to turn right onto E. 28th St.
  • Street Dir Prefix: E
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: HomeAvenue Inc
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Laundry
  • Building Size: 4574
  • Construction Materials: Stucco
  • Electric: Circuit Breakers
  • Garage: 2
  • Levels: Two
  • Lot Features: Irregular Lot,Public Transit (w/in 6 blks),Some Trees
  • Lot Size Dimensions: 114 x 41
  • Number Of Units Total: 3
Financial
  • Tax Annual Amount: 8248
Listing Information
  • List Agent Mls Id: 502002459A
  • List Office Mls Id: 5552
  • Modification Timestamp: 2025-07-19T20:17:03Z
  • Originating System Name: NorthStar
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