Side-by-Side Duplex with
New
For Sale
$525,000
4753 France Ave S, Minneapolis, MN 55410
Two-unit residential property with finished basements, in-unit laundry, and convenient access to neighborhood amenities and transit.
Property Size2,528 SF
Price / SF$207.67
Days on Market3
Property Features for 4753 France Ave S
General Information
Standard status
Active
Size
2,528 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
hardwood floors
finished basements
in-unit washer and dryer
Building Details
Year Built
1945
Listing Agency:
BuySelf, Inc
Listed By:
Albert G Hepp
(952) 285-1611
Source:
Homesminn
Added: Sep 5
Last Checked: Sep 6 at 12:51PM
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 BuySelf, Inc
Investment Insights
Based on property information with market context.
This side-by-side duplex at 4753 France Ave S includes 2,528 square feet across two residential units. Each unit offers hardwood floors, a finished basement, and an in-unit washer and dryer. A detached two-car garage and additional off-street parking provide useful vehicle storage and parking capacity.
The property is located in Minneapolis’s Linden Hills/Fulton area near the 50th & France shops and restaurants, parks, lakes, and bus lines. Its two-unit configuration, separate residences, and existing parking improvements support both owner-occupancy and rental use.
The property is located in Minneapolis’s Linden Hills/Fulton area near the 50th & France shops and restaurants, parks, lakes, and bus lines. Its two-unit configuration, separate residences, and existing parking improvements support both owner-occupancy and rental use.
Key Highlights
- Side‑by‑side duplex with 2,528 square feet
- Detached 2‑car garage with additional off‑street parking
- Finished basements in both units
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
$36,936
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
7.04%
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%
$738,720
$738.7K
Cap Rate 7%
$527,657
$527.7K
Cap Rate 9%
$410,400
$410.4K
Market Conditions
NOI Build-Up for 2,528 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
$56.1K $22.20/SF
− Vacancy
−$3.4K −$1.33/SF
EGI
$52.8K $20.87/SF
− OpEx
−$15.8K −$6.26/SF
NOI
$36.9K $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%
$738,720
Cap Rate 7%
$527,657
Cap Rate 9%
$410,400
Alternative Uses
Best Use
Multifamily LT 5
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$484.6K
$424.1K – $565.4K
NOI $33,925 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$603.1K
$527.7K – $703.7K
NOI $42,219 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,320
Businesses Nearby
Explore this area
Business Placement
Demographics for 55410, MN
21,352
Population
8,685
Households
2.5
Avg Household Size
40
Median Age
78%
College-Educated
99%
High-School Grad
3.1 sq mi
ZIP Area
6,888
Density / Sq Mi
$144,973
Median Household Income
$77,518
Median Earnings
$1,622
Median Rent
$597,400
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 - Two-unit residential property with finished basements, in-unit laundry, and convenient access to neighborhood amenities and transit.
Where is this duplex located?
The property is located at 4753 France Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,528 square feet; Detached 2‑car garage with additional off‑street parking; Finished basements in both units
