Four-Unit Corner Quadplex

2500 Como Avenue SE Minneapolis, MN 55414

Claim this Listing
New
For Sale
$820,000

MULTI_FAMILY - Minneapolis, MN

Property size:
4,026 SF
Lot size:
0.21 Acres
Price / SF:
$203/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 2500 Como Avenue SE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6
Parking features
Covered
Exterior features
Brick/Stone, Stucco
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 agent Su-Jingjing Brown

Listing office National Realty Guild 5200 Willson Road, Suite 150, Minneapolis, MN

Listing date Jul 9, 2026

MLS# 7106259 Listing URL

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.


Investment Insights

Based on property information with market context.

This classic four-unit quadplex sits on a corner double lot and is currently fully rented. The property contains four separate units, each featuring 3 bedrooms and 1 bathroom. Interior highlights include solid hardwood flooring and natural woodwork, along with dining rooms that offer built-in buffets. Units also provide 9-foot ceilings, contributing to an open, traditional feel throughout the living spaces.

The building’s location includes convenient access to the Dinkytown area and the University of Minnesota Campus, with a quick commute to Downtown Minneapolis and Saint Paul. Off-street parking is provided in the rear of the property, supporting day-to-day convenience for tenants.

For buyers and operators seeking a straightforward residential income asset, the consistent unit layout across all four units can simplify leasing and tenant turnover. With dedicated off-street parking in the rear and a configuration designed for 3BR households, the property may appeal to tenants looking for more space within a low-maintenance four-unit framework. As presented, it offers an opportunity to acquire a fully occupied multi-family building with multiple identical residences under one roof.

Key Highlights

  • Classic four‑unit building built in 1922 on a corner double lot
  • Each unit offers 3BR and 1BA, with 9‑foot ceilings
  • Hardwood flooring and natural woodwork; dining rooms include built‑in buffets

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 $89.4k $22.20
− Vacancy −$5.3k −$1.33
EGI $84.0k $20.87
− OpEx −$25.2k −$6.26
NOI $58.8k $14.61
4,026 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$840.3K
$735.3K – $980.4K (±1% cap)
NOI $58,823 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$771.8K
$675.4K – $900.5K (±1% cap)
NOI $54,028 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$960.5K
$840.5K – $1.12M (±1% cap)
NOI $67,236 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Accounting Firm Nail Salon (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Store & Service Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully rented four-unit building with 3-bedroom units, hardwood floors, 9-foot ceilings, and off-street rear parking.
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 $820,000.
What are key features of this property?
This property features: Classic four‑unit building built in 1922 on a corner double lot; Each unit offers 3BR and 1BA, with 9‑foot ceilings; Hardwood flooring and natural woodwork; dining rooms include built‑in buffets
Contact an agent
More about this property
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