5453 28th Avenue S, Minneapolis, MN 55417 (MLS# 7158148)


$455,000
5453 28th Avenue S
Minneapolis, MN 55417
MLS# 7158148
6 beds  |  4 baths  |  3580 sqft


5453 28th Avenue S, Minneapolis, MN 55417
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Property Description
Rare 6 bedroom 4 bath side by side duplex near Lake Nokomis. This turn key investment property is perfect for an owner occupant or investor. Rents are under market at $1800 & $1900 are there are kitchenettes in the lower level perfect for multi generational living. Beautiful hardwood floors throughout and great natural light This property has some HUGE upside with another 4-500 sq feet in lower level that is easily finished. Floor plans are the same on both sides. This will not last!

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 455000
Original List Price: 455000
ListPrice: 455000
List Date: 2026-10-09
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Baths Total: 4
Above Ground SqFt: 1790
Below Grd Total SqFt: 1790
Total SqFt: 3580
Foundation Size: 1790
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2290.00
Garage Stalls: 2
Lot Dimensions: 40x128
Acres: 0.12
Assessment Pending: No
Location Tax and Other Information
House Number: 5453
Street Name: 28th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55417
Complex/Dev/Subdivision: Nokomis Park View
Assessments
Tax With Assessments: 7977
Building Information
Finished SqFt Above Ground: 1790
Finished SqFt Below Ground: 500
Income and Expenses
Annual Gross Expenses: 6237
Annual Gross Income: 44000
Annual Insurance Expense: 2158
Annual Maintenance Expense: 500
Annual Net Income: 37763
Annual Repair Expense: 1000
Annual Water/Sewer Expense: 2579
Total Annual Expenses: 6237
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 24
Township#: 28
Unit 1
Furnished?: No
Leased?: Yes
Level: Multi-Level
Unit Number: 1
3/4 Baths: 1
Annual Rent: 22800
Finished SqFt: 1145
Full Baths: 1
Monthly Rent: 1900
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 9
Unit 2
Furnished?: No
Lease Expiration Date: 2027-08-31
Leased?: Yes
Level: Multi-Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 21600
Finished SqFt: 1145
Full Baths: 1
Monthly Rent: 1800
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 9
Unit Details
Total Units: 2
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Concrete Block; Egress Windows; Full; Kitchenette; Partially Finished; Single Tenant Access; Storage Space; Tile Shower
Construction Materials: Block
Construction Status: Previously Owned
Electric: 100 Amp Service; Circuit Breakers
Existing Financing: Conventional
Exterior: Brick/Stone; Stucco
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable; DSL; Fiber Optic
Laundry: In Basement; In Unit; Laundry Room; Lower Level
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
Owner Pays: Exterior Maintenance; Hot Water; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Other; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; MHFA/WHEDA; Special Funding; VA
Sewer: City Sewer/Connected
Stories: One
Tenant Pays: Broadband; Cable TV; Electricity; Gas; Heat
Topography: Level
Unit 1 Amenities: Countertops-Granite; Historic/Period Millwork; Ceiling Fan(s); Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Tile Floors
Unit 1 Appliances: Dishwasher; Range; Refrigerator
Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Informal Dining Room
Unit 1 Family Room Characteristics: 2 or More
Unit 1 Fireplace Char: Stone
Unit 1 Special Search: Main Floor Bedroom; Rehabbed; Main Floor Primary
Unit 2 Amenities: Cable; Ceiling Fan(s); Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Tile Floors
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 2 Cooling: Central
Unit 2 Family Room Characteristics: 2 or More
Unit 2 Special Search: Main Floor Bedroom; Rehabbed; Main Floor Primary
Water: City Water/Connected

Listing Office: Coldwell Banker Realty - Lakes

Last Updated: October - 13 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 16th of October 2026 05:26 AM

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