Duplex with In-Unit
For Sale
$259,900
3023 Dupont Ave N, Minneapolis, MN 55411
Two-unit property with stainless steel appliances, garage space, and off-street parking.
Property Size1,675 SF
Price / SF$155.16
Days on Market57
Property Features for 3023 Dupont Ave N
General Information
Standard status
Active
Size
1,675 SF
Property subtype
Multi-Family
Amenities
stainless steel appliances
in-unit laundry
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Housing Hub LLC
Listed By:
Joe Collins
(651) 239-2543
Source:
Homesminn
Added: Aug 10
Changed: Sep 23
Last Checked: Oct 4 at 3:22PM
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 Housing Hub LLC
Investment Insights
Based on property information with market context.
This 1,675-square-foot duplex includes a lower residence that is ready for occupancy, with stainless steel appliances and a private laundry setup. Garage space and off-street parking add practical convenience for residents. The upper residence provides a separate unit within the property and may support additional rental income. The property is located at 3023 Dupont Ave N in Minneapolis, Minnesota.
Key Highlights
- 1,675‑square‑foot duplex at 3023 Dupont Ave N, Minneapolis, MN
- Lower unit is move‑in ready
- Stainless steel appliances in the lower unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,478
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,560
$449.6K
Cap Rate 7%
$321,114
$321.1K
Cap Rate 9%
$249,756
$249.8K
Market Conditions
NOI Build-Up for 1,675 SF
Gross rent
$43.6K $26.04/SF
− Vacancy
−$2.7K −$1.64/SF
EGI
$40.9K $24.40/SF
− OpEx
−$18.4K −$10.98/SF
NOI
$22.5K $13.42/SF
Area
Minneapolis, MN
Vacancy
6.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,560
Cap Rate 7%
$321,114
Cap Rate 9%
$249,756
Alternative Uses
Best Use
Multifamily LT 5
$349.6K
$305.9K – $407.9K
NOI $24,473 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$321.1K
$281.0K – $374.6K
NOI $22,478 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$399.6K
$349.7K – $466.2K
NOI $27,973 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 55411, MN
31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with stainless steel appliances, garage space, and off-street parking.
Where is this duplex located?
The property is located at 3023 Dupont Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1,675‑square‑foot duplex at 3023 Dupont Ave N, Minneapolis, MN; Lower unit is move‑in ready; Stainless steel appliances in the lower unit
