2105 Russell Avenue N, Minneapolis, MN 55411
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jun 12, 2026
- Days on Market:
- 25
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 2105 Russell Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 4
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 1702924140155
- Size
- 1,664 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5154
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1964
Listing agent Derwayne Isaac Moore (612) 821-7400
Listing office Keller Williams Realty Integrity Lakes 800 N Washington Ave N Ste 460, Minneapolis, MN (612) 821-7400
Listing date Jun 12, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Side‑by‑side duplex in North Minneapolis built in 1964
- Each unit offers 2 bedrooms and 1 full bathroom
- Updated kitchens in both units
- Full unfinished basement for potential additional finished space
- Forced‑air heating; vinyl exterior
Overview
Located in North Minneapolis, the home is described as convenient to parks, transit options, shopping, and major commuter routes. The side-by-side configuration offers two separate units under one roof, suited to tenants who value their own layout while still benefiting from the efficiencies of a duplex arrangement.
For buyers, investors, or owner-occupants, this property can support a duplex strategy with consistent unit design and updated kitchen features. The unfinished basement adds flexibility for future improvements, while the 2-bedroom, 1-bath layout can be a practical fit for a range of household needs. For more details or to arrange a showing, contact the listing broker.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.9k | $22.20 |
| − Vacancy | −$2.2k | −$1.33 |
| EGI | $34.7k | $20.87 |
| − OpEx | −$10.4k | −$6.26 |
| NOI | $24.3k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.311136
- Latitude
- 45.000852
