2313 Polk Street NE, Minneapolis, MN 55418
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jun 21, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 1 at 2:06 pm
Property Features for 2313 Polk Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Basement, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 1
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 1202924320060
- Size
- 2,308 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6074
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
Listing agent Aaron Neuman (612) 600-6000
Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN (855) 450-0442
Listing date Jun 21, 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
- Duplex in NE Minneapolis
- Year built 1900
- Forced‑air heating
- Stucco exterior
- 6 bedrooms and 2 bathrooms plus basement (as listed in the property rooms)
Overview
Located in NE Minneapolis, the duplex is described as being in the heart of the area and within walkable access to local shops and restaurants. The remarks also note close proximity to the NE Arts District, breweries, and downtown Minneapolis.
For tenants and owner-occupants, the duplex format can offer separation of living and rental space, depending on how you plan to occupy and lease. For investors, the asset’s residential income positioning and NE Minneapolis context may appeal to buyers looking for a property they can operate directly or add to an existing portfolio. The listing is marketed as a solid fit for those seeking a duplex in a neighborhood with nearby neighborhood amenities and established destination 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 | $51.2k | $22.20 |
| − Vacancy | −$3.1k | −$1.33 |
| EGI | $48.2k | $20.87 |
| − OpEx | −$14.5k | −$6.26 |
| NOI | $33.7k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.245247
- Latitude
- 45.011296
