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2428 11th Avenue S

Minneapolis, MN 55404

– beds
– baths
3,704 sqft
$175 per sqft
1900 build
– on site

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!

Listing courtesy of NORTHSTAR / Kerby Skurat / RE/MAX Results

Last checked: Checking… • Last updated Feb 1, 2025 •

MLS# 6653687 —

The Building

Year Built:

1900
New Construction:

false
Age Of Property:

125
Construction Materials:

Brick/Stone, Vinyl Siding
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

5077.0000
Basement:

Full, Unfinished
Basement:

true
Foundation Area:

1966
Building Area Total:

5968
Above Grade Finished Area:

3704

Room Dimensions

Living Area:

3704

Location

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

The Property

Parcel Number:

3502924240039
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.12
Lot Size Dimensions:

39x129x39x129
Lot Size Units:

Acres
Road Frontage Type:

City Street
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

7235
Tax With Assessments:

7235.2900

Heating & Cooling

Heating:

Hot Water

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Cole & Weeks Rgt Brackett & Bovey
Assessment Pending:

No

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/31/25 Jan 31, 2025	Listed / Active	NORTHSTAR	$649,900	65.4% (13.0% / YR)
1/29/20 Jan 29, 2020		NORTHSTAR	$393,000
1/27/09 Jan 27, 2009	Sold	DAAR

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This multifamily located in Phillips, Minneapolis, MN 55404 is currently for sale for $649,900. 2428 11th Avenue S is a 3,704 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 2428 11th Avenue S is in the Phillips neighborhood of Minneapolis and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of South High School, Andersen United Community School, and Folwell Elementary School.

Listing Courtesy of: NORTHSTAR and RE/MAX Results.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.