Duplex with Hardwood
For Sale
$409,900
4353 Bryant Ave S, Minneapolis, MN 55409
Two-level income property with a gas fireplace, granite kitchen, front porch, and enclosed sunroom.
Property Size1,928 SF
Price / SF$212.60
Days on Market31
Property Features for 4353 Bryant Ave S
General Information
Standard status
Active
Size
1,928 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
gas fireplace
original hardwood floors
granite kitchen with stainless steel appliance
front porch
sun room
Building Details
Year Built
1916
Buildings
1
Listing Agency:
Gene Bassett Realty Inc
Listed By:
Shawn D Bassett
(952) 884-8975
Source:
Bradadamrealty
Added: Sep 5
Changed: Sep 28
Last Checked: Oct 4 at 12:32PM
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 Gene Bassett Realty Inc
Investment Insights
Based on property information with market context.
This 1.5-story duplex, built in 1916, contains 1,928 square feet and includes original hardwood flooring. The main level offers a gas fireplace, a granite-finished kitchen with a stainless steel appliance, a front porch, and a sunroom.
Located in the East Harriet area of Minneapolis, the property combines a duplex configuration with period character and several defined main-level living features. The layout and existing improvements provide a clear residential income property profile.
Located in the East Harriet area of Minneapolis, the property combines a duplex configuration with period character and several defined main-level living features. The layout and existing improvements provide a clear residential income property profile.
Key Highlights
- 1.5‑story duplex built in 1916
- 1,928 square feet of property size
- Main level includes a gas fireplace and original hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,169
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,380
$563.4K
Cap Rate 7%
$402,414
$402.4K
Cap Rate 9%
$312,989
$313.0K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$42.8K $22.20/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$40.2K $20.87/SF
− OpEx
−$12.1K −$6.26/SF
NOI
$28.2K $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%
$563,380
Cap Rate 7%
$402,414
Cap Rate 9%
$312,989
Alternative Uses
Best Use
Multifamily LT 5
$402.4K
$352.1K – $469.5K
NOI $28,169 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,873 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$460.0K
$402.5K – $536.7K
NOI $32,199 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 55409, MN
11,843
Population
5,488
Households
2.2
Avg Household Size
37
Median Age
63%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
9,110
Density / Sq Mi
$98,056
Median Household Income
$59,430
Median Earnings
$1,364
Median Rent
$365,500
Median Home Value
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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?
Duplex - Two-level income property with a gas fireplace, granite kitchen, front porch, and enclosed sunroom.
Where is this duplex located?
The property is located at 4353 Bryant Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: 1.5‑story duplex built in 1916; 1,928 square feet of property size; Main level includes a gas fireplace and original hardwood floors
