Classic Duplex with Private
For Sale
$285,000
1916 10th Ave S, Minneapolis, MN 55404
1900-built Minneapolis duplex with separate utilities, basement storage, shared laundry, a fenced yard, garage, and off-street parking.
Property Size1,680 SF
Price / SF$169.64
Days on Market57
Property Features for 1916 10th Ave S
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Amenities
private front porch
private fenced yard
shared rear porch
shared laundry
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Roseville Realty
Listed By:
Samuel Foltz
(651) 434-7575
Source:
Homesearchlive
Added: Aug 22
Changed: Oct 2
Last Checked: Oct 7 at 1:16PM
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 Roseville Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this Minneapolis duplex contains 1,680 square feet and offers two residential units with private front porches, original woodwork, and cabinetry. Separate utilities serve the units, while dedicated basement storage and shared laundry add practical functionality. One unit is occupied by long-term renters.
Recent improvements include a roof installed in 2024, upper-level windows replaced in March 2026, and separate furnaces added in 2017. The property also includes a low-maintenance exterior, fenced yard with garden or outdoor space, shared rear porch, spacious garage, and one additional off-street parking space.
The home is 0.8 miles from U.S. Bank Stadium, 0.7 miles from Abbott Northwestern Hospital, and 0.6 miles from North Central University. Its location near downtown Minneapolis supports both owner-occupant and investment-oriented use.
Recent improvements include a roof installed in 2024, upper-level windows replaced in March 2026, and separate furnaces added in 2017. The property also includes a low-maintenance exterior, fenced yard with garden or outdoor space, shared rear porch, spacious garage, and one additional off-street parking space.
The home is 0.8 miles from U.S. Bank Stadium, 0.7 miles from Abbott Northwestern Hospital, and 0.6 miles from North Central University. Its location near downtown Minneapolis supports both owner-occupant and investment-oriented use.
Key Highlights
- Two‑unit duplex with 1,680 square feet, built in 1900
- New roof installed in 2024
- Upper‑level windows replaced in March 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,546
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,920
$490.9K
Cap Rate 7%
$350,657
$350.7K
Cap Rate 9%
$272,733
$272.7K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$37.3K $22.20/SF
− Vacancy
−$2.2K −$1.33/SF
EGI
$35.1K $20.87/SF
− OpEx
−$10.5K −$6.26/SF
NOI
$24.5K $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%
$490,920
Cap Rate 7%
$350,657
Cap Rate 9%
$272,733
Alternative Uses
Best Use
Multifamily LT 5
$350.7K
$306.8K – $409.1K
NOI $24,546 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$322.1K
$281.8K – $375.8K
NOI $22,545 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$400.8K
$350.7K – $467.6K
NOI $28,057 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,897
Businesses Nearby
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Business Placement
Demographics for 55404, MN
29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
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
Frequently Asked Questions
What type of property is this?
Duplex - 1900-built Minneapolis duplex with separate utilities, basement storage, shared laundry, a fenced yard, garage, and off-street parking.
Where is this duplex located?
The property is located at 1916 10th Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,680 square feet, built in 1900; New roof installed in 2024; Upper‑level windows replaced in March 2026
