12-Unit Apartment
New
For Sale
$1,250,000
2212 Bryant Ave S, Minneapolis, MN 55405
Twelve-unit multifamily property near Uptown, with close proximity to Lake of the Isles and the Midtown Greenway.
Days on Market6
Property Features for 2212 Bryant Ave S
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Building Size
6,669 SF
Year Built
1962
Listing Agency:
Kiser Group
Listed By:
Cody Smith
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 31 at 3:00AM
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 Kiser Group
Investment Insights
Based on property information with market context.
2212 Bryant Ave S is a 12-unit apartment building in Minneapolis’ Lowry Hill East (“The Wedge”) neighborhood. The property’s unit count supports straightforward multifamily ownership and management within an established urban rental area.
The building benefits from a highly walkable, bike-friendly setting with convenient access to Uptown and a variety of neighborhood destinations. It is described as being just blocks from Lake of the Isles and Bde Maka Ska, and near the Midtown Greenway, with access to downtown Minneapolis, major employers, and the University of Minnesota via nearby transit routes and major thoroughfares.
As presented, the location combines neighborhood amenities and connectivity that can support long-term rental demand for well-located apartments in Minneapolis.
The building benefits from a highly walkable, bike-friendly setting with convenient access to Uptown and a variety of neighborhood destinations. It is described as being just blocks from Lake of the Isles and Bde Maka Ska, and near the Midtown Greenway, with access to downtown Minneapolis, major employers, and the University of Minnesota via nearby transit routes and major thoroughfares.
As presented, the location combines neighborhood amenities and connectivity that can support long-term rental demand for well-located apartments in Minneapolis.
Key Highlights
- 12‑unit multifamily apartment building built in 1962
- Located in Minneapolis’ Lowry Hill East (The Wedge) neighborhood, just minutes from Uptown
- Close to Lake of the Isles and Bde Maka Ska
Financial Insights For Apartment 5plus
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 | $173.7k | $26.04 |
| − Vacancy | −$10.9k | −$1.64 |
| EGI | $162.7k | $24.40 |
| − OpEx | −$73.2k | −$10.98 |
| NOI | $89.5k | $13.42 |
6,669 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.28M
$1.12M – $1.49M
NOI $89,496 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,376 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,694
Businesses Nearby
Explore this area
Business Placement
Demographics for 55405, MN
15,497
Population
8,724
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,535
Density / Sq Mi
$70,425
Median Household Income
$47,271
Median Earnings
$1,188
Median Rent
$450,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve-unit multifamily property near Uptown, with close proximity to Lake of the Isles and the Midtown Greenway.
Where is this apartment building located?
The property is located at 2212 Bryant Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 12‑unit multifamily apartment building built in 1962; Located in Minneapolis’ Lowry Hill East (The Wedge) neighborhood, just minutes from Uptown; Close to Lake of the Isles and Bde Maka Ska
