Corner-Lot
For Sale
$799,000
2500 Como Ave SE, Minneapolis, MN 55414
Fully occupied residential income property with hardwood floors, built-in dining buffets, and rear off-street parking.
Property Size4,026 SF
Price / SF$198.46
Days on Market55
Property Features for 2500 Como Ave SE
General Information
Standard status
Active
Size
4,026 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 3BR/1BA
Multifamily Units
4
Amenities
hardwood flooring
natural woodwork
dining rooms with built-in buffets
9 foot ceilings
off-street parking
Building Details
Year Built
1922
Buildings
1
Listing Agency:
National Realty Guild
Listed By:
Su-Jingjing Brown
(651) 494-4000
Source:
Vibemn
Added: Aug 12
Changed: Oct 4
Last Checked: Oct 4 at 2:29PM
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 National Realty Guild
Investment Insights
Based on property information with market context.
This 4,026-square-foot quadplex, built in 1922, contains four residential units, each offering three bedrooms and one bathroom. Interior features include solid hardwood flooring, natural woodwork, dining rooms with built-in buffets, and 9-foot ceilings. Rear off-street parking serves the building, which occupies a corner double lot.
The property is fully rented and located minutes from Dinkytown and the University of Minnesota campus, with a short commute to Downtown Minneapolis and Saint Paul. Four broilers were installed in 2025, and the windows were replaced in 2019.
The property is fully rented and located minutes from Dinkytown and the University of Minnesota campus, with a short commute to Downtown Minneapolis and Saint Paul. Four broilers were installed in 2025, and the windows were replaced in 2019.
Key Highlights
- Four‑unit building with 3BR/1BA layouts in each unit
- 4,026 SF quadplex on a corner double lot
- Fully rented residential income property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,823
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,460
$1.2M
Cap Rate 7%
$840,329
$840.3K
Cap Rate 9%
$653,589
$653.6K
Market Conditions
NOI Build-Up for 4,026 SF
Gross rent
$89.4K $22.20/SF
− Vacancy
−$5.3K −$1.33/SF
EGI
$84.0K $20.87/SF
− OpEx
−$25.2K −$6.26/SF
NOI
$58.8K $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%
$1,176,460
Cap Rate 7%
$840,329
Cap Rate 9%
$653,589
Alternative Uses
Best Use
Multifamily LT 5
$840.3K
$735.3K – $980.4K
NOI $58,823 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$771.8K
$675.4K – $900.5K
NOI $54,028 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$960.5K
$840.5K – $1.12M
NOI $67,236 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 55414, MN
36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential income property with hardwood floors, built-in dining buffets, and rear off-street parking.
Where is this quadplex located?
The property is located at 2500 Como Ave SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit building with 3BR/1BA layouts in each unit; 4,026 SF quadplex on a corner double lot; Fully rented residential income property
