Duplex Residential Income
917-919 Weeks Avenue SE Minneapolis, MN 55414
New
For Sale
$300,000
Pending
MULTI_FAMILY - Minneapolis, MN
Property Size1,250 SF
Lot Size0.12 Acres
Days on Market4
Property Features for 917-919 Weeks Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Basement, Bedroom 1, Bathroom 1
- Parking features
- Other, On Street
- Exterior features
- Stucco, Wood
- Standard status
- Pending
- APN
- 1902923240018
- Size
- 1,250 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4615
Utilities
- Heating system
- Gravity, Forced Air
Building Details
- Year built
- 1956
- Roof type
- Shingle
Listing Agency:
RE/MAX Results
(612) 314-1520
Listed By:
Myrna L Bourcy · License #214074
(952) 829-2900
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 24 at 9:06AM
MLS# 7114889
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 residential income property is offered for sale at 917-919 Weeks Avenue SE in Minneapolis, MN 55414. The building totals 1,250 square feet, and the lot area is listed at 0.12 acres.
The offering is categorized as a multi-family/residential income property and includes two addresses within the same duplex configuration at the site.
Interested parties can review the property in person to confirm unit layouts and current condition, and to assess how the improvements fit with their ownership goals.
The offering is categorized as a multi-family/residential income property and includes two addresses within the same duplex configuration at the site.
Interested parties can review the property in person to confirm unit layouts and current condition, and to assess how the improvements fit with their ownership goals.
Key Highlights
- Year built: 1956
- Exterior features include stucco and wood
- Heating: gravity and forced air
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 | $27.8k | $22.20 |
| − Vacancy | −$1.7k | −$1.33 |
| EGI | $26.1k | $20.87 |
| − OpEx | −$7.8k | −$6.26 |
| NOI | $18.3k | $14.61 |
1,250 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$260.9K
$228.3K – $304.4K
NOI $18,263 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$239.6K
$209.7K – $279.6K
NOI $16,775 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$298.2K
$261.0K – $347.9K
NOI $20,876 @ 7.0% cap · market cap 6.96%
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 - Duplex for sale at 917-919 Weeks Avenue SE in Minneapolis, with combined building area of 1,250 square feet.
Where is this duplex located?
The property is located at 917-919 Weeks Avenue SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Year built: 1956; Exterior features include stucco and wood; Heating: gravity and forced air
