Renovated Duplex with Attached
3724 Joppa Avenue S Saint Louis Park, MN 55416
3724 Joppa Avenue S, Saint Louis Park, MN, 55416
$949,900
For Sale
$949,900
MULTI_FAMILY - Saint Louis Park, MN
Property Size2,500 SF
Lot Size0.18 Acres
Price / SF$379.96
Days on Market43
Property Features for 3724 Joppa Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 8, Bathroom 4, Basement, Bedroom 5, Bathroom 1, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6
- Parking features
- Open, Driveway, Garage - Attached
- Exterior features
- Fiber Board, Metal, Wood
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 0602824430092
- Size
- 2,500 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7835
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1979
- Building materials
- Block, Frame
- Roof type
- Shingle, Metal
Listing agency
Pro Flat Fee Realty LLC
(612) 998-1919
Listed by
David B Hitchcock
(612) 998-1919
Added: Jun 10 Updated: Jul 10 at 10:37PM Checked: Jul 22 at 11:06PM
MLS# 7089360
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex has been completely renovated with a layout designed for privacy on each side. Each unit features four bedrooms and two full bathrooms, an open-concept living area, and its own attached 2-car garage. Additional highlights include a private deck, a separate basement, and separately metered utilities. Smart home upgrades are included with Ecobee thermostats, electric shades, and dimmable smart switches. The garage electrical has been upgraded with capacity to support an EV charger or sauna. Each side also functions like an individual single-family home, with a fenced yard for pets. A fourth bedroom was added to each side, providing flexibility for a bedroom or home office.
Located in Minikahda Vista, the property is within walking distance to Trader Joe’s, Hazelwood, Honey & Rye, and Excelsior & Grand. It is about one mile from Bde Maka Ska and the Chain of Lakes, and is described as minutes from 50th & France, Highway 100, and downtown. The property is also on the bus line.
The configuration suits tenants or owner-occupants looking for a renovated, turn-key duplex setup with in-unit convenience, including a washer/dryer, and updated major systems and finishes. Renovation scope includes a metal roof, high-efficiency HVAC, new electrical panels, new hot water tanks, new stainless steel appliances, remodeled bathrooms, waterproof LVP flooring, and updated outdoor improvements such as gutters and professional landscaping.
Located in Minikahda Vista, the property is within walking distance to Trader Joe’s, Hazelwood, Honey & Rye, and Excelsior & Grand. It is about one mile from Bde Maka Ska and the Chain of Lakes, and is described as minutes from 50th & France, Highway 100, and downtown. The property is also on the bus line.
The configuration suits tenants or owner-occupants looking for a renovated, turn-key duplex setup with in-unit convenience, including a washer/dryer, and updated major systems and finishes. Renovation scope includes a metal roof, high-efficiency HVAC, new electrical panels, new hot water tanks, new stainless steel appliances, remodeled bathrooms, waterproof LVP flooring, and updated outdoor improvements such as gutters and professional landscaping.
Key Highlights
- Completely renovated duplex (1979) with an attached 2‑car garage per side and separate basement
- Each side has 4 bedrooms and 2 full bathrooms with open‑concept living space
- Separately metered utilities and smart home features including Ecobee thermostats and dimmable smart switches
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $19.80 |
| − Vacancy | −$3.2k | −$1.29 |
| EGI | $46.3k | $18.51 |
| − OpEx | −$13.9k | −$5.55 |
| NOI | $32.4k | $12.96 |
2,500 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$462.8K
$405.0K – $540.0K
NOI $32,398 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$417.4K
$365.3K – $487.0K
NOI $29,221 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$596.4K
$521.9K – $695.9K
NOI $41,751 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Completely renovated duplex with private outdoor space and separately metered living on both sides.
Where is this duplex located?
The property is located at 3724 Joppa Avenue S Saint Louis Park, MN.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Completely renovated duplex (1979) with an attached 2‑car garage per side and separate basement; Each side has 4 bedrooms and 2 full bathrooms with open‑concept living space; Separately metered utilities and smart home features including Ecobee thermostats and dimmable smart switches
