Four-Unit Brick
For Sale
$799,000
2500 Como Avenue SE, Minneapolis, MN 55414
Residential Income, Minneapolis, MN
Property Size4,026 SF
Lot Size0.21 Acres
Price / SF$198.46
Days on Market103
Property Features for 2500 Como Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 12, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 10, Laundry Room, Bedroom 9, Bedroom 11, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 2
Parking features
Covered
Lot features
Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
High school district
Minneapolis
Directions
Hwy 280 to Como Ave, west to property on south corner of Como & 25th Ave SE.
Standard status
Active
APN
1902923130036
Size
4,026 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10992
Utilities
Heating system
Oil
Building Details
Year built
1922
Building materials
Brick
Roof type
Flat, Rubber
Listing Agency:
National Realty Guild
(651) 330-8001
Listed By:
Su-Jingjing Brown
(651) 494-4000
Added: Jul 9
Changed: Oct 17
Last Checked: Oct 19 at 6:06PM
MLS# 7106259
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.
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Investment Insights
Based on property information with market context.
Built in 1922, this 4,026-square-foot brick quadplex contains four residences, each with three bedrooms and one bathroom. Interior details include hardwood flooring, natural woodwork, dining rooms with built-in buffets, and 9-foot ceilings. The building has oil heat, a flat rubber roof, and covered parking. Windows were installed in 2019, and the property information reports four broilers installed in 2025.
The building occupies a 0.21-acre corner double lot at 2500 Como Avenue SE in Minneapolis. Off-street parking is located behind the building. All four units are currently rented.
The building occupies a 0.21-acre corner double lot at 2500 Como Avenue SE in Minneapolis. Off-street parking is located behind the building. All four units are currently rented.
Key Highlights
- Four residences, each with 3 bedrooms and 1 bathroom
- 4,026‑square‑foot brick building on a 0.21‑acre corner double lot
- Hardwood floors, natural woodwork, built‑in dining‑room buffets, and 9‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,823
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,460
$1.2M
Cap Rate 7%
$840,329
$840.3K
Cap Rate 9%
$653,589
$653.6K
Market Conditions
NOI Build-Up for 4,026 SF
Gross rent
$89.4K $22.20/SF
− Vacancy
−$5.3K −$1.33/SF
EGI
$84.0K $20.87/SF
− OpEx
−$25.2K −$6.26/SF
NOI
$58.8K $14.61/SF
Area
Minneapolis, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,460
Cap Rate 7%
$840,329
Cap Rate 9%
$653,589
Alternative Uses
Best Use
Multifamily LT 5
$840.3K
$735.3K – $980.4K
NOI $58,823 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$771.8K
$675.4K – $900.5K
NOI $54,028 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$960.5K
$840.5K – $1.12M
NOI $67,236 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 55414, MN
36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are rented and include three bedrooms, one bathroom, and hardwood floors.
Where is this quadplex located?
The property is located at 2500 Como Avenue SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 1 bathroom; 4,026‑square‑foot brick building on a 0.21‑acre corner double lot; Hardwood floors, natural woodwork, built‑in dining‑room buffets, and 9‑foot ceilings
