4300 Xerxes Avenue S Minneapolis, MN 55410
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jul 2, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 11 at 6:06 pm
Property Features for 4300 Xerxes Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 3
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 0802824310034
- Size
- 3,006 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10247
Utilities
- Heating system
- Oil
Building Details
- Year built
- 1912
- Roof type
- Flat, Shingle
Listing agent Susan B Jacobsen (612) 272-3111
Listing office River Arts Realty, LLC 1210 Archibald Court, Minneapolis, MN (612) 272-3111
Listing date Jul 2, 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.
The home is located in Minneapolis’ Linden Hills neighborhood, directly across from Linden Hills Park. The surrounding area offers walkability to local shops, services, and restaurants, along with convenient access to the Minneapolis Chain of Lakes and nearby trails and parkways.
The seller inherited the duplex and, during their ownership period, has not rented either unit and has not lived in the property. This listing is available for purchase as a residential income property with two units.
Key Highlights
- Stately 1912 up/down duplex with stucco exterior
- Converted to a duplex after originally being built as a single‑family home
- Flat and shingle roof
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 | $66.7k | $22.20 |
| − Vacancy | −$4.0k | −$1.33 |
| EGI | $62.7k | $20.87 |
| − OpEx | −$18.8k | −$6.26 |
| NOI | $43.9k | $14.61 |
