2832 27th Avenue S, Minneapolis, MN 55406

New Listing
$295,000
Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 1,756 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $295,000 List Date: 7/23/2026 Last Modified: 7/24/2026

Overview

Description

Fantastic investment opportunity in the heart of Longfellow! This beautifully maintained up-and-down duplex offers the perfect blend of classic Minneapolis character and thoughtful updates. Each unit features spacious living areas, generous natural light, updated kitchens with stainless steel appliances, in-unit laundry, and comfortable floor plans that tenants love. Original woodwork and timeless architectural details preserve the home's historic charm while modern improvements provide today's conveniences. Outside, enjoy a large fenced backyard, plenty of green space, and a rare oversized detached 3-car garage offering exceptional parking, storage, or workshop potential. Both units are currently leased, providing immediate rental income for investors, while future owner-occupants can enjoy the flexibility of living in one unit and offsetting their mortgage with rental income from the other. Located in one of Minneapolis' most sought-after neighborhoods, you'll be just minutes from ...

Listing Details MLS# 7112263

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
755
Above Ground SqFt
1546
Below Grd Total SqFt
210
Total SqFt
1756
Foundation Size
210
Style
(MF) Duplex Up and Down
Total Finished Sqft
1510.00
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
48X152
Acres
0.17
Assessment Pending
No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Crawl Space Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Vinyl Fencing: Chain Link; Wood Foundation: Brick/Mortar; Stone; Wood Fuel: Natural Gas Heating: Boiler Internet Options: Cable; Fiber Optic Laundry: In Unit Lock Box Type: Supra Owner Pays: Heat; Lawn; Maintenance/Repair; Management; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Garage Door Opener Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas; Hot Water Unit 1 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room; Living/Dining Room Unit 1 Special Search: All Living Fac. on One Level Unit 2 Amenities: Kitchen Window; Natural Woodwork Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
295000
ListPrice
295000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2832
Street Name
27th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55406
Complex/Dev/Subdivision
South Side Add

Assessments

Tax With Assessments
6048.2
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1510

More Information

Income and Expenses

Annual Fuel Expense
1627
Annual Gross Income
30840
Annual Insurance Expense
1800
Annual Water/Sewer Expense
1875
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Gross Expenses
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30x21
Garage Door Height
7
Garage Square Feet
671
Garage Door Opener
Yes

Public Survey Info

Range#
24
Section#
36
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
16140
Finished SqFt
755
Full Baths
Yes
Monthly Rent
1345
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
14700
Finished SqFt
791
Full Baths
Yes
Monthly Rent
1225
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 009 BLOCK 019 SOUTH SIDE ADDN TO MPLS
Listing City
Minneapolis
Map Page
107
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3057
Property ID Number
3602924430038
Tax Year
2026
Tax Amount
6048.2
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fantastic investment opportunity in the heart of Longfellow! This beautifully maintained up-and-down duplex offers the perfect blend of classic Minneapolis character and thoughtful updates. Each unit features spacious living areas, generous natural light, updated kitchens with stainless steel appliances, in-unit laundry, and comfortable floor plans that tenants love. Original woodwork and timeless architectural details preserve the home's historic charm while modern improvements provide today's conveniences. Outside, enjoy a large fenced backyard, plenty of green space, and a rare oversized detached 3-car garage offering exceptional parking, storage, or workshop potential. Both units are currently leased, providing immediate rental income for investors, while future owner-occupants can enjoy the flexibility of living in one unit and offsetting their mortgage with rental income from the other. Located in one of Minneapolis' most sought-after neighborhoods, you'll be just minutes from Minnehaha Falls, the Mississippi River trails, parks, coffee shops, restaurants, light rail, Downtown Minneapolis, and major commuter routes. Whether you're expanding your investment portfolio or looking for an owner-occupied duplex in an unbeatable location, this Longfellow gem is one you won't want to miss!
Directions
55 W TO E LAKE RT TO M'HAHA L TO 29TH R TO 27TH

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Crawl Space
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Vinyl
Yes

Fencing

Chain Link
Yes
Wood
Yes

Foundation

Brick/Mortar
Yes
Stone
Yes
Wood
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Internet Options

Cable
Yes
Fiber Optic
Yes

Laundry

In Unit
Yes

Owner Pays

Heat
Yes
Lawn
Yes
Maintenance/Repair
Yes
Management
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Front Porch
Yes
Rear Porch
Yes
Wrap Around
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Hot Water
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Unit 1 Special Search

All Living Fac. on One Level
Yes

Unit 2 Amenities

Kitchen Window
Yes
Natural Woodwork
Yes

Unit 2 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 2 Dining Room Description

Eat In Kitchen
Yes
IDX
Listing Office: BuyRentSell.com, LLC
Last Updated: July - 24 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.