8446 Sumter Circle N Brooklyn Park, MN 55445
MULTI_FAMILY - Brooklyn Park, MN
- Added:
- May 5, 2026
- Days on Market:
- 69
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 8446 Sumter Circle N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Basement
- Parking features
- Garage - Attached, Driveway
- Exterior features
- Brick/Stone, Fiber Board
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 2011921220039
- Size
- 1,972 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6081
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1978
- Building materials
- Frame
Listing agent Joel D. Friday (763) 746-4900
Listing office Keller Williams Classic Realty 1740 116th Ave. NW Suite #100, Coon Rapids, MN (763) 746-4900
Listing date May 5, 2026
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.
The property is located in Brooklyn Park, Minnesota, on a lot listed at 0.3 acres. It is being offered for sale with one unit on a term lease and the other unit on a month-to-month agreement.
For investors, the duplex configuration provides two separate units under differing tenancy arrangements, which may support flexible operating options. For owner-occupants, the listing notes the ability to owner-occupy with a non-renewal of either tenant, depending on timing and agreement terms. Overall, the combination of private decks, fenced outdoor space, and interior updates may appeal to buyers seeking a move-in-ready income property.
Key Highlights
- Duplex built in 1978 with frame construction and brick/stone exterior features
- Forced‑air heating with attached garage and driveway parking
- Fenced yard with private decks on each unit
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 | $39.0k | $19.80 |
| − Vacancy | −$2.5k | −$1.29 |
| EGI | $36.5k | $18.51 |
| − OpEx | −$11.0k | −$5.55 |
| NOI | $25.6k | $12.96 |
