2 years on rocket

4904 28th Ave S, Minneapolis, MN, 55417

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
2,933 SqFt
$230/SqFt
Multi

Location

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4904 28th Ave S, Minneapolis$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1940
HeatingSteam
BasementYes
MLS #6221273
StatusActive

About 4904 28th Ave S

In a spectacular location, just a block from Lake Nokomis, as well as top rated coffee shops, bakeries and more, this beautiful 4-plex is an exceptional opportunity to invest or owner occupy. With four well-maintained 1 bedroom units, you'll love the wood floors, functional layouts and charming architectural finishes. With four garage stalls, and a large off-street paved parking area, your tenants will never stress over parking or storage. This is one you won't want to miss.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 2,933 SqFt

Listing Office:

  • Office Name: Fulton Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 4 spaces

Virtual/3D Tour

  • 3D Tour: 4904 28th Ave S
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Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: From Hwy 62, north on 28th Ave South to building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $230/SqFt

Tax Information:

  • Annual Amount: $8,759
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

4904 28th Ave S vs Minneapolis

883 DAYS ON ROCKET

+849 Days

$675,000

+$325.1K More

$230/SqFt

+$28 More

KEY TAKEAWAY

This property is $325.1K more than the Median Sold Price and $28/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6221273

Listing Office:

  • Office Name: Fulton Realty

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Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 26, 2021Home Sold
$480,000
May 26, 2021Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,759$535,500
2019$9,019$510,000
2018$7,844$432,000
2017$7,179$385,500

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-619917
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-619918
1
/10

  • Hiawatha Leadership Acdy-Northrop

  • 1611 E 46th St

  • 0.95 miles

  • Public Charter Grades KG-4

school-card-donut-619919
6
/10

  • Hiawatha Community School - Howe Campus

  • 3733 43rd Ave S

  • 1.77 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,786. Most Minneapolis, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›4904 28th Ave S

This home is located at 4904 28th Ave S in Minneapolis, MN and zip code 55417 in the Keewaydin neighborhood. This 2,933 square foot home was built in 1940. It has been listed on Rocket Homes since June 18, 2022 and is currently priced at $675,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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