3101 81st Avenue N, Brooklyn Park, MN 55443
MULTI_FAMILY - Brooklyn Park, MN
- Added:
- May 20, 2026
- Days on Market:
- 42
- Last Refresh:
- Jun 30 at 4:06 am
Property Features for 3101 81st Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
- Parking features
- Driveway, Garage, Garage - Attached
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 2211921140060
- Size
- 2,072 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6180
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1979
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Dustin Wiebold (651) 214-7258
Listing office Ashworth Real Estate 16034 Norway St NW, Andover, MN (612) 594-5542
Listing date May 20, 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
- Side‑by‑side duplex built in 1979 with two 2‑bedroom units
- Recent exterior updates include new siding, windows, doors, roof, and gutters
- Mechanical upgrades include new forced‑air furnaces, water heaters, and water softeners
- One new AC unit, plus refreshed appliances, flooring, and paint
- Frame construction with vinyl exterior and a shingle roof
- Parking includes a driveway and an attached garage
Overview
The property is located at 3101 81st Avenue N in Brooklyn Park, Minnesota. The lot size is 0.23 acres, and the total building size is 2,072 square feet.
For buyers seeking an income-ready residential property, this duplex offers two independently usable 2-bedroom layouts within a recently updated exterior and systems package. The refreshed finishes and replaced major components are intended to reduce immediate capital needs and support straightforward occupancy planning for a new owner.
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 | $41.0k | $19.80 |
| − Vacancy | −$1.8k | −$0.89 |
| EGI | $39.2k | $18.91 |
| − OpEx | −$11.8k | −$5.67 |
| NOI | $27.4k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.321427
- Latitude
- 45.101891
