Two-Unit
For Sale
$325,000
2723 Dupont Ave N, Minneapolis, MN 55411
Each level provides three bedrooms and one bathroom within a separate residential layout.
Property Size1,970 SF
Price / SF$164.97
Days on Market77
Property Features for 2723 Dupont Ave N
General Information
Standard status
Active
Size
1,970 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1907
Listing Agency:
Elevate Realty LLC
Listed By:
Weishalla Homes Team
(320) 221-3083
Source:
Agoodlifegroup
Added: Jul 21
Changed: Sep 22
Last Checked: Oct 4 at 12:54PM
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 Elevate Realty LLC
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,970 square feet and was built in 1907. Each level includes three bedrooms, one bathroom, and its own living space, creating a clearly separated residential configuration within the building. The property offers a practical setup for occupants seeking distinct units in one structure.
Located at 2723 Dupont Ave N in Minneapolis, the duplex is near parks, schools, and public transportation. The address places the property within an established North Minneapolis setting with access to everyday community amenities and transit options.
Located at 2723 Dupont Ave N in Minneapolis, the duplex is near parks, schools, and public transportation. The address places the property within an established North Minneapolis setting with access to everyday community amenities and transit options.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 1 bath on each level
- 1,970 square feet of total property size
- Built in 1907
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,783
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,660
$575.7K
Cap Rate 7%
$411,186
$411.2K
Cap Rate 9%
$319,811
$319.8K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$43.7K $22.20/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$41.1K $20.87/SF
− OpEx
−$12.3K −$6.26/SF
NOI
$28.8K $14.61/SF
Area
Minneapolis, 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%
$575,660
Cap Rate 7%
$411,186
Cap Rate 9%
$319,811
Alternative Uses
Best Use
Multifamily LT 5
$411.2K
$359.8K – $479.7K
NOI $28,783 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$377.7K
$330.5K – $440.6K
NOI $26,437 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$470.0K
$411.3K – $548.3K
NOI $32,900 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each level provides three bedrooms and one bathroom within a separate residential layout.
Where is this duplex located?
The property is located at 2723 Dupont Ave N Minneapolis, 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: Two‑unit duplex with 3 bedrooms and 1 bath on each level; 1,970 square feet of total property size; Built in 1907
