2313 Glenwood Avenue, Minneapolis, MN 55405
MULTI_FAMILY - Minneapolis, MN
- Added:
- May 6, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 6 at 2:06 pm
Property Features for 2313 Glenwood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 1, Bathroom 2
- Parking features
- Garage - Detached
- Exterior features
- Vinyl
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 2002924440007
- Size
- 1,923 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4131
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1905
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Patrick M Paulson (612) 867-5624
Listing office Lakes Area Realty 1428 W 28th St, Minneapolis, MN (612) 874-1916
Listing date May 6, 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
- Up/down duplex built in 1905 with frame construction
- Two bedrooms up plus one bedroom down and a den/hobby room
- Full unfinished basement
- Hardwood floors and open front porch at the main level
- Enclosed rear porch on the upper floor
- Detached garage, chain‑link fencing, vinyl exterior, and shingle roof
Overview
The property is located in Minneapolis, near Theodore Worth, with access to nearby parks and trails and proximity to downtown.
For owner-occupants or investors seeking a residential income property, the duplex configuration supports separate unit living while keeping the footprint consolidated. The combination of dedicated bedroom and flex-room space on different levels, along with porches and an unfinished basement, can help appeal to tenants looking for practical indoor and outdoor living areas.
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 | $42.7k | $22.20 |
| − Vacancy | −$2.6k | −$1.33 |
| EGI | $40.1k | $20.87 |
| − OpEx | −$12.0k | −$6.26 |
| NOI | $28.1k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.310318
- Latitude
- 44.980457
