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  • $614,990

    3809 28th Ave S, Minneapolis, MN 55406

    4beds
    4baths
    3,000sqft
    : 
    $4,117/mo
    Get pre-qualified
    Fourplex
    Built in 1925
    -- sqft lot
    $610,400 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Classic Minneapolis stucco fourplex with four one bedroom, one bath apartments available for a new owner! The front has traditional brown shutters, vintage 1920’s styling and a red entry awning. Inside, strip oak hardwood floors, arched plaster openings, cast iron radiators heated by gas boilers and Art-Deco windows run through the apartments, with dark stained woodwork in many living and dining rooms. Bathrooms have white tile, glass block windows and pedestal sinks. Unit 1 is vacant and has ceiling fans, a white steel kitchen with vintage built-in drainboard sink as well as recently refinished floors. Behind the building are a fenced back yard and a three-stall garage, with spaces renting separately, plus one additional assigned parking space. All garage spaces and additional parking is currently leased. Each unit has a private basement storage room, and the building has coin laundry. Tenants pay their own gas and electric. The owner pays water, sewer and trash. Four more storage rooms and a pet fee are not in current income. Units 2 to 4 are leased into 2027. This would also make an excellent property to “house hack” with owner living in the vacant unit and having the other Units pay a considerable portion of the payment every month! This property is just a short walk from the 38th Street LRT station for easy commuting. Lake Hiawatha with its walking paths and the golf course are nearby, along with Northbound Smokehouse & Brew Pub, Key West Coffee and Aluvava gluten-free bakery! Don’t miss the opportunity to own a great investment property in the very desirable Minneapolis Standish neighborhood!
    21 days
    368
    19

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Doolittle 952-567-9939,

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7151695MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Hot Water
      Appliances
      • Laundry: In Basement, Common Area, Coin-op Laundry Owned
      Features
      • Basement: Full,Shared Access,Storage Space,Unfinished
      Interior area
      • Total structure area: 4,500
      • Total interior livable area: 3,000 sqft
      • Finished area above ground: 3,000
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned, Detached Garage, Asphalt
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 40 x 125
      • Features: Near Public Transit
      Details
      • Foundation area: 1500
      • Parcel number: 1202824110101
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Fourplex
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Subd Altruria-Lots 1 To 5 & 12
      HOA
      • Amenities included: Laundry, Coin-op Laundry Owned
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $481,000
      • Annual tax amount: $9,490
      • Date on market: 10/2/2026
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        $610,400

        $580,000 - $641,000

        $2,375/mo

        Price history

        DateEventPrice
        10/4/2026Listed for sale$614,990+80.9%$205/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7151695 Report a problem
        11/17/2006Sold$340,000$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$9,490 +4%$481,000 -3.2%
        2025$9,126 +4.9%$497,000
        2024$8,699 +7.8%$497,000 -7.8%
        2023$8,073 -10%$539,000 +8.7%
        2022$8,967 +3.8%$496,000 -5%
        2021$8,642 +1.7%$522,000
        2020$8,500 -1.6%$522,000 +10%
        2019$8,642 +1.7%$474,500 +12%
        2018$8,500 +26.9%$423,500 +32.1%
        2017$6,700 +9.4%$320,500 +5.1%
        2016$6,123 +1.9%$305,000 +13.6%
        2015$6,012 +8.1%$268,500 +8.3%
        2014$5,559 0%$248,000
        2013$5,560 -6%$248,000 -8.7%
        2012$5,915 +4.7%$271,500
        2011$5,652 -2.8%$271,500 -15%
        2010$5,812 -1%$319,500
        2009$5,871 +16.1%$319,500 +10%
        2006$5,055 -5%$290,500 +0.2%
        2005$5,321 +1.5%$290,000 +8.8%
        2004$5,240 +7.8%$266,500 +30%
        2002$4,860 -52.5%$205,000
        2001$10,240 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Standish

        Getting around

        72 / 100
        Very Walkable
        57 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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