11923-11931 Wintergreen Street NW, Coon Rapids, MN 55448
MULTI_FAMILY - Coon Rapids, MN
- Added:
- Oct 31, 2025
- Days on Market:
- 248
- Last Refresh:
- Jul 5 at 12:06 am
Property Features for 11923-11931 Wintergreen Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Basement, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4
- Parking features
- Garage
- Exterior features
- Block, Vinyl
- Standard status
- Active
- APN
- 113124420115
- Size
- 2,016 SF
- Lot size
- 0.56 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4518
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1986
- Building materials
- Block, Frame
- Roof type
- Shingle
Listing agent Mai Le (952) 368-0021
Listing office Bridge Realty, LLC 1101 E 78TH STREET SUITE 300, Bloomington, MN (952) 368-0021
Listing date Oct 31, 2025
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.
HighLights
- Year built 1986
- Block and frame construction with vinyl exterior
- Forced‑air heating
- Shingle roof
- Garage parking
- Two occupied units on 2 PIDs (please do not disturb renters; appointment required)
Overview
The property is located at 11923-11931 Wintergreen Street NW in Coon Rapids, Minnesota 55448, within Anoka County. The listing information identifies the asset as duplexes and multifamily/residential income property, and it is presented as an income-generating offering with the existing tenants in place.
For buyers looking for a maintained, occupied income property, the key practical factor here is that both units are already rented. That can provide immediate in-place tenancy rather than requiring a transition to new occupants. Showings are accommodated with scheduling, and due to occupancy, access is managed to avoid disruption to the current residents.
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 | $38.2k | $18.96 |
| − Vacancy | −$2.6k | −$1.27 |
| EGI | $35.7k | $17.69 |
| − OpEx | −$10.7k | −$5.31 |
| NOI | $25.0k | $12.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coon Rapids
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.294978
- Latitude
- 45.186286
