2922 Tyler Street NE, Minneapolis, MN 55418
- Added:
- Apr 13, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 30 at 8:06 am
Property Features for 2922 Tyler Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1
- Parking features
- Open, Garage - Detached
- Exterior features
- Vinyl
- Fencing
- Chain Link, Privacy
- Standard status
- Pending
- APN
- 0102924330109
- Size
- 1,773 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6274
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Roof type
- Shingle
Listing agent Ryan Fischer (952) 829-2900
Listing office RE/MAX Results 5201 Eden Ave #100, Eden Prairie, MN (952) 848-2400
Listing date Apr 13, 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
- Turn‑key duplex with two updated 2‑bedroom, 1‑bath units in Northeast Minneapolis
- Each unit includes in‑unit washer/dryer and its own dedicated garage stall
- Fully renovated units with remodeled kitchens and bathrooms, new flooring, fresh paint, and modern appliances
- Recent mechanical updates: furnace in Unit 2 (2021), water heaters for both units (2024), central A/C (2025)
- Detached garage with parking plus vinyl exterior, shingle roof, forced‑air heating
- Large fenced yard with chain‑link and privacy fencing
Overview
The property includes a fenced yard and a detached 2-car garage, providing dedicated off-street parking for residents. Located in Northeast Minneapolis, it is described as within walking distance to local restaurants and neighborhood amenities.
As a for-sale residential income property, this duplex is well suited for an owner-occupant seeking a move-in ready home with rental income from the other unit, or for a buyer looking for a turnkey two-unit asset with in-unit laundry and meaningful updates already completed. With the lower unit currently rented and the upper unit vacant, the layout supports immediate occupancy flexibility for a new tenant or for partial owner use.
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 | $39.4k | $22.20 |
| − Vacancy | −$2.4k | −$1.33 |
| EGI | $37.0k | $20.87 |
| − OpEx | −$11.1k | −$6.26 |
| NOI | $25.9k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2464149
- Latitude
- 45.0210737
