Side-by-Side
For Sale
$510,000
3308 84th Avenue N, Brooklyn Park, MN 55443
Fully leased residential property with private garages and spacious layouts in a convenient suburban setting.
Property Size3,176 SF
Price / SF$160.58
Days on Market48
Property Features for 3308 84th Avenue N
General Information
Standard status
Active
Size
3,176 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1979
Listing Agency:
Home Match Realty
Listed By:
Eric Eickhof
(952) 472-6200
Source:
Fultonrealty
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 8:18AM
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 Home Match Realty
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains 3,176 square feet and was built in 1979. Both residences are leased and offer a four-bedroom, two-bathroom layout, providing a consistent configuration across the property. Each unit also includes a private garage for parking and storage.
The property is positioned near multiple neighborhood parks, restaurants, shopping, a dog park, and golf courses. Major highways are accessible for commuter travel, while nearby recreational and everyday amenities support the residential setting.
The property is positioned near multiple neighborhood parks, restaurants, shopping, a dog park, and golf courses. Major highways are accessible for commuter travel, while nearby recreational and everyday amenities support the residential setting.
Key Highlights
- Side‑by‑side duplex with 3,176 square feet
- Both units are fully leased
- Each unit has 4 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,038
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,760
$840.8K
Cap Rate 7%
$600,543
$600.5K
Cap Rate 9%
$467,089
$467.1K
Market Conditions
NOI Build-Up for 3,176 SF
Gross rent
$62.9K $19.80/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$60.1K $18.91/SF
− OpEx
−$18.0K −$5.67/SF
NOI
$42.0K $13.24/SF
Area
ZIP 55443
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,760
Cap Rate 7%
$600,543
Cap Rate 9%
$467,089
Alternative Uses
Best Use
Multifamily LT 5
$600.5K
$525.5K – $700.6K
NOI $42,038 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$533.7K
$467.0K – $622.7K
NOI $37,359 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$757.7K
$663.0K – $884.0K
NOI $53,041 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 55443, MN
36,771
Population
12,275
Households
3
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
9.1 sq mi
ZIP Area
4,041
Density / Sq Mi
$88,220
Median Household Income
$50,341
Median Earnings
$1,306
Median Rent
$346,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased residential property with private garages and spacious layouts in a convenient suburban setting.
Where is this duplex located?
The property is located at 3308 84th Avenue N Brooklyn Park, MN.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 3,176 square feet; Both units are fully leased; Each unit has 4 bedrooms and 2 bathrooms
