$7,124 Closing Credit¹
#6605451, Listing Office: RE/MAX Results
$7,718
closing credit¹
2428 11th Ave S Minneapolis, MN 55404
$649,900 List price
$7,718
Closing credit¹
3,704 sqft
$175 / sqft
Multi-Family
Property details
About 2428 11th Ave S
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!
Highlights
Home typeQuadruplex
HeatingHot Water
StatusActive
Size3,704 sqft
BasementYes
Year built1900
MLS #6653687
Summary
- MLS Number: 6653687
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$649,900
2428 11th Ave S
$7,718
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 24, 2020 | Home Sold | $393,000 |
| Feb 10, 2009 | Home Sold | $192,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $440,000 | $7,038 |
| 2022 | $426,200 | $6,862 |
| 2021 | $395,500 | $6,718 |
| 2020 | $395,500 | $6,461 |
| 2019 | $376,500 | $6,654 |
| 2018 | $336,000 | $6,098 |
| 2017 | $304,000 | $5,574 |
History based on county public records data.
Nearby schools
2
Hennepin Elementary School
Public Charter KG-5
0.7 mi
•2123 Clinton Ave
2
Aurora Charter School
Public Charter PK-4
0.9 mi
•2101 E 26th St
1
Skyline Math and Science Academy
Public Charter KG-6
1.2 mi
•2600 26th Ave S Ste 100
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,265. The most common annual income of people living in Minneapolis, MN is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
63%
35k-100k
20%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
40%
18-34 yrs old
29%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 2428 11th Ave S in Minneapolis, MN and zip code 55404 in the Phillips neighborhood. This 3,704 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $649,900.
In January 2025 more than 161 listings in Minneapolis, MN were sold above the asking price. During the same period more than 152 listings were sold at asking price, while more than 309 were sold below. Between December and January 2025, Minneapolis, MN real estate market has seen decrease in the number of listings by 0.1%. Listings spent 47 days on the market in January 2025, and had a median list price of $350,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.