2428 11th Ave S Minneapolis, MN 55404
Phillips NeighborhoodEstimated payment $3,800/month
Total Views
8,634
10
Beds
4
Baths
3,704
Sq Ft
$162
Price per Sq Ft
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,387
Year Built
- Built in 1900
Home Design
- Quadruplex
Interior Spaces
- 3,704 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Additional Features
- Lot Dimensions are 39x129x39x129
- Hot Water Heating System
Community Details
- 4 Units
- Cole & Weeks Rgt Brackett & Bovey Subdivision
Listing and Financial Details
- The owner pays for gas, sewer, trash collection
- Assessor Parcel Number 3502924240039
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $609,900 | -3.2% | $165 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $629,900 | -3.1% | $170 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $649,900 | -- | $175 / Sq Ft |
Source: NorthstarMLS
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6653687
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