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Side-by-Side Duplex

1318 Thomas Avenue N, Minneapolis, MN 55411

For Sale
$284,900

Two separately positioned residential units are occupied by long-term tenants.

Property Size2,018 SF
Price / SF$141.18
Days on Market52

Property Features for 1318 Thomas Avenue N

General Information

Standard status Active
Size 2,018 SF
Property subtype Residential Income

Site & Location

Neighborhood Near North

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,199

Building Details

Building Size 2,018 SF
Year Built 1969
Stories 2
Units 2
Listing Agency: Empire Realty LLC
Listed By: Jullie B. Vang
Source: Kerbercastle
Added: Sep 24 Changed: Nov 12 Last Checked: Nov 13 at 4:52AM

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 Empire Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 1969 duplex contains 2,018 square feet across its side-by-side layout. Long-term tenants currently occupy the property. Recent exterior work includes a new roof and replacement garage siding.

Key Highlights

  • 2,018‑square‑foot side‑by‑side duplex
  • Long‑term tenants in place
  • New roof and garage siding

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 55411, MN

31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Minneapolis, MN

$183 Jul
$179 Aug
$178 Sep
$175 Oct

Properties on Market for Duplexes in Minneapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately positioned residential units are occupied by long-term tenants.
Where is this duplex located?
The property is located at 1318 Thomas Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 2,018‑square‑foot side‑by‑side duplex; Long‑term tenants in place; New roof and garage siding
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