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  • $386,000

    4240 28th Ave S, Minneapolis, MN 55406

    2beds
    2baths
    2,900sqft
    Duplex Side by Side
    Built in 1929
    -- sqft lot
    $385,600 Zestimate®
    $133/sqft
    $1,838 Estimated rent

    Home value

    $385,600

    $359,000 - $413,000

    $1,838/mo

    Zestimate® history
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    $2,441/mo

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    $2,441/mo

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    What's special

    Classic So Minneapolis double bungalow situated nicely just down the street from Hiawatha Lake, park & golf course...plus access to miles of walking/biking trails. Also, just down the street from Northern Coffeeworks coffee shop, A Bakers Wife Bakery, Busters Pub & Grill, a neighborhood supermarket & gift shop. 1BR /1BA units. Whether you're looking for an owner occupant home with built-in income or an excellent investment opportunity, this charming duplex & neighborhood will be a great fit! Stucco exterior with arched entry to front porch. Private back yard with small patio & storage shed. Inside 4240 unit (currently vacant for selling purposes) you'll find HW floors, Natural WW, cove molding & piano windows in LR/DR. Updated kitchen with natural wood cabinets, SS appliances & new counter top. Updated bath with tile shower surround, pedestal sink & wainscoting. Quiet BR tucked at the back. Back hall acts as entry/mud room with storage closet. 2nd unit rented at $850 (low for market). Each unit has its own private/lockable basement with laundry & storage. Mechanically strong with newer furnaces/AC units (approx. 8 years), newer roof (approx. 2 yrs), 100 amp electric, vinyl windows, glass block windows in basement. 2 car gar w/GDO's plus concrete driveway. Nice...come check it out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron W Ritchie 612-418-7080,

    Coldwell Banker Realty - Southwest Regional

    Bought with:

    Tami A Klenzman

    eXp Realty

    Desrochers Realty Group

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7037588MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: Gas Dryer Hookup, Lower Level, Sink, Washer Hookup
    Features
    • Basement: Block,Single Tenant Access,Storage Space,Unfinished
    Interior area
    • Total structure area: 2,900
    • Total interior livable area: 2,900 sqft
    • Finished area above ground: 1,450
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (20x20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 126
    Details
    • Foundation area: 1450
    • Parcel number: 1202824420082

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Materials
    • Roof: Age 8 Years or Less,Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Rice Lake Terrace Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $133/sqft
    • Tax assessed value: $364,100
    • Annual tax amount: $6,325
    • Date on market: 4/7/2026
    • Cumulative days on market: 17 days
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    6/5/2026Sold$386,000+2.9%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7037588 Report a problem
    4/29/2026Pending sale$375,000$129/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7037588 Report a problem
    4/12/2026Listed for sale$375,000+217.8%$129/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7037588 Report a problem
    4/8/2009Sold$118,000$41/sqft
    Source: Public Record Report a problem
    12/9/2008Sold$118,000$41/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1688296 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,325 +8.5%$364,100 +4.6%
    2024$5,827 +3.2%$348,000 -4.7%
    2023$5,644 +8.2%$365,000 +4%
    2022$5,215 +10.1%$351,000 +14.3%
    2021$4,735 +28.6%$307,000 +6%
    2020$3,681 -22.3%$289,500 +9%
    2019$4,735 +28.6%$265,500 +4.9%
    2018$3,681 +12.1%$253,000 +28.8%
    2017$3,283 +10.4%$196,500 +8.6%
    2016$2,975 +6.1%$181,000 +14.9%
    2015$2,804 +11.6%$157,500 +6.1%
    2014$2,513 -24.5%$148,500 -2.3%
    2013$3,327 -9.4%$152,000 -11.9%
    2012$3,671 -0.4%$172,500 -5%
    2011$3,686 +7.3%$181,500 -6.2%
    2010$3,434 +29.5%$193,500
    2009$2,653 +17.2%$193,500 +11%
    2006$2,264 +13.2%$174,300 +16.7%
    2005$1,999 +15.5%$149,300 +20.3%
    2004$1,731 +15.9%$124,100 +14.6%
    2002$1,494 -51.5%$108,300
    2001$3,077 --
    Find assessor info on the county website

    Neighborhood: Standish

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $385,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $385,600