Duplex with Spacious
New
For Sale
$325,000
13125 Sylvan Ave, Lindstrom, MN 55045
Two residential units offer separate living areas, kitchens, bedrooms, and outdoor space in a quiet neighborhood setting.
Property Size1,330 SF
Price / SF$244.36
Days on Market4
Property Features for 13125 Sylvan Ave
General Information
Standard status
Active
Size
1,330 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,454
Listing Agency:
Edina Realty, Inc.
(763) 402-2230
Listed By:
Shelby Peltier
(763) 402-2230
Source:
Exprealty
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 8:46AM
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 Edina Realty, Inc.
Investment Insights
Based on property information with market context.
This duplex at 13125 Sylvan Ave includes two residential units, each arranged with a living area, kitchen, and bedrooms. The layout provides distinct spaces for the separate residences while maintaining a unified property configuration. A spacious yard extends the usable area outdoors and includes room for relaxing or gardening. Mature trees contribute to the property’s established residential setting.
The property is located in Lindstrom, Minnesota, in a neighborhood described as peaceful and surrounded by small-town residential character. Its two-unit design supports a range of ownership and occupancy arrangements, including an owner-occupied setup with a separate residence. The property size is listed as 1,330.
The property is located in Lindstrom, Minnesota, in a neighborhood described as peaceful and surrounded by small-town residential character. Its two-unit design supports a range of ownership and occupancy arrangements, including an owner-occupied setup with a separate residence. The property size is listed as 1,330.
Key Highlights
- Duplex configuration with two separate residential units
- Each unit includes a living area, kitchen, and bedrooms
- Spacious yard with room for outdoor use or gardening
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
$19,432
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
5.98%
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%
$388,640
$388.6K
Cap Rate 7%
$277,600
$277.6K
Cap Rate 9%
$215,911
$215.9K
Market Conditions
NOI Build-Up for 1,330 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
$29.5K $22.20/SF
− Vacancy
−$1.8K −$1.33/SF
EGI
$27.8K $20.87/SF
− OpEx
−$8.3K −$6.26/SF
NOI
$19.4K $14.61/SF
Area
Chisago 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 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%
$388,640
Cap Rate 7%
$277,600
Cap Rate 9%
$215,911
Alternative Uses
Best Use
Multifamily LT 5
$277.6K
$242.9K – $323.9K
NOI $19,432 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$255.0K
$223.1K – $297.5K
NOI $17,848 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$317.3K
$277.7K – $370.2K
NOI $22,212 @ 7.0% cap · market cap 6.83%
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
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 55045, MN
7,804
Population
3,001
Households
2.6
Avg Household Size
43
Median Age
27%
College-Educated
97%
High-School Grad
34.8 sq mi
ZIP Area
224
Density / Sq Mi
$110,685
Median Household Income
$61,155
Median Earnings
$993
Median Rent
$373,500
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 residential units offer separate living areas, kitchens, bedrooms, and outdoor space in a quiet neighborhood setting.
Where is this duplex located?
The property is located at 13125 Sylvan Ave Lindstrom, MN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex configuration with two separate residential units; Each unit includes a living area, kitchen, and bedrooms; Spacious yard with room for outdoor use or gardening
