Single-Level Senior Care
2468 Brenner Avenue East Maplewood, MN 55109
2468 Brenner Avenue East, Maplewood, MN, 55109
$895,000
For Sale
$895,000
Single-level rambler with five bedrooms, three bathrooms, and a finished lower level offering options for senior care uses.
Property Size2,400 SF
Price / SF$372.92
Days on Market93
Property Features for 2468 Brenner Avenue East
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- MF, MF-ASSIST
Building Details
- Year Built
- 1980
Listing agency
KW Commercial | North Suburban
(651) 238-3440
Listed by
Eric Katz · License #20362602, MN
(651) 238-3440
Source
Realnex
Added: Apr 21 Updated: Jul 21 at 3:56AM Checked: Jul 21 at 3:56AM
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 KW Commercial | North Suburban
Investment Insights
Based on property information with market context.
This single-level rambler features five bedrooms and three bathrooms, with more than 2,400 finished square feet and a finished lower level. The layout provides multiple bedroom options within a streamlined, single-story configuration, supporting senior housing, assisted living, or group home use as described in the offering.
The property is located on a quiet cul-de-sac in Maplewood near healthcare services, retail, and major corridors, offering convenient access to surrounding amenities.
Designed around a single-level arrangement, the home’s finished lower level adds additional usable space while maintaining the practical flow of a rambler format.
The property is located on a quiet cul-de-sac in Maplewood near healthcare services, retail, and major corridors, offering convenient access to surrounding amenities.
Designed around a single-level arrangement, the home’s finished lower level adds additional usable space while maintaining the practical flow of a rambler format.
Key Highlights
- 5‑bedroom, 3‑bath rambler built in 1980 with 2,400+ finished sq ft
- Single‑level layout with multiple bedrooms and a finished lower level
- Built‑in flexibility for senior housing uses such as assisted living or a group home
Local 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 | $62.5k | $26.04 |
| − Vacancy | −$3.9k | −$1.64 |
| EGI | $58.6k | $24.40 |
| − OpEx | −$26.4k | −$10.98 |
| NOI | $32.2k | $13.42 |
2,400 SF · lease $26.04/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$460.1K
$402.6K – $536.8K
NOI $32,207 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.6K
$501.0K – $668.0K
NOI $40,081 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Assisted living facility - Single-level rambler with five bedrooms, three bathrooms, and a finished lower level offering options for senior care uses.
Where is this assisted living facility located?
The property is located at 2468 Brenner Avenue East Maplewood, MN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑bedroom, 3‑bath rambler built in 1980 with 2,400+ finished sq ft; Single‑level layout with multiple bedrooms and a finished lower level; Built‑in flexibility for senior housing uses such as assisted living or a group home
