2428 11th Avenue South

Minneapolis, MN 55404

$649,900
Price
—
Beds
—
Baths
3,704 Sq. Ft.
$175 / Sq. Ft.
3,704
Sq. Ft.
$175
per Sq. Ft.

Description

Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children’s Hospitals! Take advantage of low down-payment loans to house hack and secure your financial future! Huge newly rehabbed 3br apt is vacant and awaiting owner occupant or your tenant, other 3 apts (3br x1, 2br x2) are stability occupied. Possibilities are endless, bring your ideas! Consider creating Airbnb’s to house hospital guests, medium-term rentals for traveling nurses, or build...Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children’s Hospitals! Take advantage of low down-payment loans to house hack and secure your financial future! Huge newly rehabbed 3br apt is vacant and awaiting owner occupant or your tenant, other 3 apts (3br x1, 2br x2) are stability occupied. Possibilities are endless, bring your ideas! Consider creating Airbnb’s to house hospital guests, medium-term rentals for traveling nurses, or build out large unfinished attic and basement for 6-plex conversion and rent section 8 for impressive cash flow! Building very well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, addition of zoning to heating system, installation of large custom front windows up and down, and cosmetic turn-over of all units. Projected gross monthly rents surpass 5.5K, conservatively. Your future awaits, don’t let this one pass you by!
  1. Listed by RE/MAX Results

Property Details for 2428 11th Avenue South

Neighborhood
Midtown Phillips
Subdivision Name
Cole & Weeks Rgt Brackett & Bovey
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 02/03/2025 01:57 PM

Property Details for 2428 11th Avenue South

StatusActive
MLS #6653687
Days on Compass31
Taxes$7,235 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyHennepin County

Building Information for 2428 11th Avenue South

Stories-Residences4Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 2428 11th Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 35W to Lake St. East to 12th Ave North to 25th St, West to 11th and North to home
  • Latitude: 44.95817
  • Longitude: -93.259128
  • Map Coordinate: 106-D3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55404
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 3502924240039
  • Tax Annual Amount: $7,235.00
  • Tax Legal Description: LOT 001 BLOCK 007 COLE & WEEKS RGT BRACKETT & BOVEY
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 7235.2900
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 3704.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3704.0
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 39x129x39x129
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 5077.0000
  • Building Area Total: 5968.0
  • Above Grade SqFt Total: 5077.0000
  • Below Grade SqFt Total: 891.0000
Property and Assessments
  • Age Of Property: 125
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1966.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Asphalt
Interior Features
  • Basement Type: Full, Unfinished
  • DP Resource: Y
  • Heating: Hot Water
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 1164
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 15x14
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 13x13
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 10x13
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 11x14
  • Bedroom 4 Room Level: Main (Ground)
  • Dining Room Dimensions: 11x13
  • Dining Room Level: Main (Ground)
  • Kitchen Room Dimensions: 12x7
  • Kitchen Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 16200
Unit 2
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 1164
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x18
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 12x13
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 10x14
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 13x13
  • Bedroom 4 Room Level: Upper
  • Kitchen Room Dimensions: 12x8
  • Kitchen Room Level: Upper
  • Unit Level: Main Level
  • Unit Type Total Rent: 0
Unit 3
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 760
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x13
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 17x11
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 7x10
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 10x12
  • Bedroom 4 Room Level: Main (Ground)
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 13800
Unit 4
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 850
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 14x12
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 15x11
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 7x11
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 10x14
  • Bedroom 4 Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 14400

Property History for 2428 11th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2428 11th Avenue South

Taxable ValueLand$64,500Additions$375,500Total$440,000
Tax Record2023$7,038 ($587 / month)
Home Facts
Total Finished SqFt3,871 SqFtAbove Grade Finished SqFt3,871 SqFtStories3Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR2BCountyHENNEPINAPN35-029-24-24-0039

Schools near 2428 11th Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Folwell Elementary
PublicPK to 5

Andersen Middle
Public6 to 8

South Senior High School
Public9 to 12

Andersen Community
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2428 11th Avenue South is a multi-family home for sale in Minneapolis, MN 55404. This property was listed for sale on January 31, 2025 by RE/MAX Results, it's currently listed at $649,900. It has been on the market for a total of 31 days and was last sold on January 29, 2020. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Folwell Elementary, Andersen Middle and South Senior High School. 2428 11th Avenue South is a 0-bed, 0-bath, 3,704 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/03/2025 01:57 PM