Four-Bedroom
For Sale
$475,000
Pending
104 Meadow Circle S, Burnsville, MN 55337
Residential Income, Burnsville, MN
Property Size2,560 SF
Lot Size0.32 Acres
Days on Market47
Property Features for 104 Meadow Circle S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features
Garage - Attached
Subdivision
Rolling Meadow Acres
High school district
Burnsville-Eagan-Savage
Directions
From Nicollet Ave, turn west onto Meadow Cir S, the home is on the right.
Standard status
Pending
APN
026450005130
Size
2,560 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4296
Utilities
Heating system
Forced Air
Building Details
Year built
1968
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 431-2400
Listed By:
The Fiorella Group · License #327164
(952) 829-2900
Added: Aug 28
Changed: Oct 8
Last Checked: Oct 13 at 1:06PM
MLS# 7135062
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 contains 2,560 square feet with four bedrooms, three bathrooms, and a basement. An attached garage and forced-air heating are among its existing features. The property was built in 1968 and occupies a 0.32-acre lot in Burnsville.
Key Highlights
- 2,560‑square‑foot duplex
- Four bedrooms and three bathrooms
- 0.32‑acre lot in Burnsville
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,403
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,060
$748.1K
Cap Rate 7%
$534,329
$534.3K
Cap Rate 9%
$415,589
$415.6K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$56.8K $22.20/SF
− Vacancy
−$3.4K −$1.33/SF
EGI
$53.4K $20.87/SF
− OpEx
−$16.0K −$6.26/SF
NOI
$37.4K $14.61/SF
Area
Dakota County, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,060
Cap Rate 7%
$534,329
Cap Rate 9%
$415,589
Alternative Uses
Best Use
Multifamily LT 5
$534.3K
$467.5K – $623.4K
NOI $37,403 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$490.8K
$429.4K – $572.6K
NOI $34,354 @ 7.0% cap · market cap 7.23%
Theoretical Best
Healthcare Medical
$630.0K
$551.2K – $735.0K
NOI $44,099 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,618
Businesses Nearby
Explore this area
Business Placement
Demographics for 55337, MN
47,333
Population
19,695
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,641
Median Household Income
$46,602
Median Earnings
$1,463
Median Rent
$327,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - The residence includes an attached garage and forced-air heating.
Where is this duplex located?
The property is located at 104 Meadow Circle S Burnsville, MN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,560‑square‑foot duplex; Four bedrooms and three bathrooms; 0.32‑acre lot in Burnsville
