4136 Grand Avenue S Minneapolis, MN 55409
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jun 10, 2026
- Days on Market:
- 32
- Last Refresh:
- Jul 11 at 1:06 pm
Property Features for 4136 Grand Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
- Parking features
- Driveway, Open, Garage - Detached
- Exterior features
- Brick/Stone, Stucco
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 1002824230050
- Size
- 2,372 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7403
Utilities
- Heating system
- Oil
Building Details
- Year built
- 1924
- Roof type
- Shingle
Listing agent Sarah M Nurnberger (952) 368-0021
Listing office Bridge Realty, LLC 1101 E 78TH STREET SUITE 300, Bloomington, MN (952) 368-0021
Listing date Jun 10, 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.
Investment Insights
Based on property information with market context.
Set on a 0.12-acre lot, the property includes charming outdoor space with enchanting gardens, an extensive paver patio, and well-kept landscaping. Located in Minneapolis’ Kingfield neighborhood, it’s described as close to the Chain of Lakes and the Grand Rounds trail system, with easy highway access and nearby dining, coffee shops, and small businesses. The remarks note Grand Avenue underwent a complete reconstruction in 2022, including safety improvements, green infrastructure, and sewer line replacements.
For buyers seeking a well-cared-for residential income property, this duplex combines traditional appeal with practical improvements such as updated windows and climate control, along with remodeled living areas. The configuration supports separate upper and lower living spaces, while the yard and patio add appeal for day-to-day enjoyment. Request a private showing to review finishes and updates in person.
Key Highlights
- Up/down duplex with classic brick fireplaces, original millwork, and multiple built‑ins
- Remodeled kitchens and baths, plus gas fireplace inserts
- Anderson Renewal windows and air conditioning
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 | $52.7k | $22.20 |
| − Vacancy | −$3.1k | −$1.33 |
| EGI | $49.5k | $20.87 |
| − OpEx | −$14.9k | −$6.26 |
| NOI | $34.7k | $14.61 |
