2832 27th Avenue S, Minneapolis, MN 55406 - MLS# 7112263
$275,000
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!
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 51% of occupied homes are owner-occupied, and the average commute is 20 minutes.
Cost of Ownership
Median home value
$301,900
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,110/yr
Lower than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,826/mo
Lower than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$756/mo
Lower than the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,277/mo
Lower than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
51%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1939 or earlier57%
Types of homes
The share of housing units in each building type.
- Single-family detached46%
- 2-4 units23%
- 5+ units24%
Getting Around
Average commute
20 min
Lower than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone49%
- Public transit11%
- Walk or bike8%
- Work from home25%
Homes with broadband
95%
Similar than Minneapolis overall
The share of households with a broadband internet subscription.
