Updated Two-Unit
New
For Sale
$212,000
1020 Rosewood St, Brainerd, MN 56401
Two-level income property with matching two-bedroom units and shared laundry improvements.
Property Size1,834 SF
Price / SF$115.59
Days on Market3
Property Features for 1020 Rosewood St
General Information
Standard status
Active
Size
1,834 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Amenities
shared laundry room
Building Details
Year Built
1888
Listing Agency:
LPT Realty, LLC.
Listed By:
Shanna Perez-Davis
(218) 820-4426
Source:
Tayloronken
Added: Sep 4
Last Checked: Sep 6 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC.
Investment Insights
Based on property information with market context.
This duplex contains two residential units, with one two-bedroom apartment on the lower level and another two-bedroom apartment above. The 1,834-square-foot property was built in 1888 and includes a shared laundry room on the main level with a new washer and dryer. Additional improvements include a newer roof and updated flooring.
Situated at 1020 Rosewood St in Brainerd, the property is near schools and local amenities. Its two-unit configuration provides separate residential spaces within a single building, with both apartments offering the same bedroom count.
Situated at 1020 Rosewood St in Brainerd, the property is near schools and local amenities. Its two-unit configuration provides separate residential spaces within a single building, with both apartments offering the same bedroom count.
Key Highlights
- Two‑unit duplex with one lower‑level and one upper‑level apartment
- Both units offer 2 bedrooms
- 1,834 square feet; built in 1888
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,742
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,840
$334.8K
Cap Rate 7%
$239,171
$239.2K
Cap Rate 9%
$186,022
$186.0K
Market Conditions
NOI Build-Up for 1,834 SF
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.
Gross rent
$25.3K $13.80/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$23.9K $13.04/SF
− OpEx
−$7.2K −$3.91/SF
NOI
$16.7K $9.13/SF
Area
Crow Wing County, MN
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,840
Cap Rate 7%
$239,171
Cap Rate 9%
$186,022
Alternative Uses
Best Use
Multifamily LT 5
$239.2K
$209.3K – $279.0K
NOI $16,742 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,949 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$389.4K
$340.7K – $454.3K
NOI $27,255 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 56401, MN
30,632
Population
16,038
Households
1.9
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
322.6 sq mi
ZIP Area
95
Density / Sq Mi
$70,269
Median Household Income
$40,172
Median Earnings
$918
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level income property with matching two-bedroom units and shared laundry improvements.
Where is this duplex located?
The property is located at 1020 Rosewood St Brainerd, MN.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: Two‑unit duplex with one lower‑level and one upper‑level apartment; Both units offer 2 bedrooms; 1,834 square feet; built in 1888
