1.5-Story Duplex with Sun
For Sale
$429,900
4353 Bryant Avenue S, Minneapolis, MN 55409
MULTI_FAMILY - Minneapolis, MN
Property Size1,928 SF
Lot Size0.13 Acres
Price / SF$222.98
Days on Market105
Property Features for 4353 Bryant Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Exterior features
Stucco
Subdivision
Remingtons 3rd Add
High school district
Minneapolis
Directions
46th
Standard status
Active
APN
0902824410182
Size
1,928 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8070
Utilities
Heating system
Oil
Building Details
Year built
1916
Listing Agency:
Gene Bassett Realty Inc
(952) 884-8975
Listed By:
Shawn D Bassett
(952) 239-9081
Added: May 8
Changed: Aug 4
Last Checked: Aug 20 at 4:06PM
MLS# 7070855
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.
This 1.5-story duplex at 4353 Bryant Avenue S offers a classic layout and interior features highlighted by a gas fireplace on the main level, original hardwood floors, and a granite kitchen with stainless steel appliances. The main level also includes a front porch and an enclosed sun room, creating additional flexible space. The property includes two bathrooms and three bedrooms across the home, with a basement as part of the existing setup.
Built in 1916, the duplex includes stucco exterior features and is heated with oil. The lot size is 0.13 acres, and the property size is 1,928 square feet.
Overall, the home’s combination of period details, kitchen upgrades, and multiple main-level gathering areas is well suited for buyers seeking a residential income property with comfortable lived-in character.
Built in 1916, the duplex includes stucco exterior features and is heated with oil. The lot size is 0.13 acres, and the property size is 1,928 square feet.
Overall, the home’s combination of period details, kitchen upgrades, and multiple main-level gathering areas is well suited for buyers seeking a residential income property with comfortable lived-in character.
Key Highlights
- 1.5‑story duplex with front porch and sun room
- Gas fireplace and original hardwood floors on the main level
- Granite kitchen with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,169
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$563,380
$563.4K
Cap Rate 7%
$402,414
$402.4K
Cap Rate 9%
$312,989
$313.0K
Market Conditions
NOI Build-Up for 1,928 SF
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.
Gross rent
$42.8K $22.20/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$40.2K $20.87/SF
− OpEx
−$12.1K −$6.26/SF
NOI
$28.2K $14.61/SF
Area
Minneapolis, MN
Vacancy
5.98%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$563,380
Cap Rate 7%
$402,414
Cap Rate 9%
$312,989
Alternative Uses
Best Use
Multifamily LT 5
$402.4K
$352.1K – $469.5K
NOI $28,169 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,873 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$460.0K
$402.5K – $536.7K
NOI $32,199 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 55409, MN
11,843
Population
5,488
Households
2.2
Avg Household Size
37
Median Age
63%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
9,110
Density / Sq Mi
$98,056
Median Household Income
$59,430
Median Earnings
$1,364
Median Rent
$365,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Charming 1.5-story duplex with a sun room, gas fireplace, hardwood floors, and a granite kitchen with stainless appliances.
Where is this duplex located?
The property is located at 4353 Bryant Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1.5‑story duplex with front porch and sun room; Gas fireplace and original hardwood floors on the main level; Granite kitchen with stainless steel appliances
