Side-by-Side Duplex with
New
For Sale
$525,000
4753 France Avenue S, Minneapolis, MN 55410
Residential Income, Minneapolis, MN
Property Size2,528 SF
Lot Size0.13 Acres
Price / SF$207.67
Days on Market1
Property Features for 4753 France Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bathroom 2
Parking features
Garage - Detached, Driveway
Exterior features
Metal
Subdivision
Kensington
Lot features
Corner Lot, Tree Coverage - Medium
High school district
Minneapolis
Directions
From Hwy 62, take France Avenne Exit and head north to 48th street. House is on corner of 48th Street & France Ave. So.
Standard status
Active
APN
1702824220031
Size
2,528 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8579
Utilities
Heating system
Forced Air
Amenities
hardwood floors
finished basements
in-unit washers and dryers
detached 2-car garage
Building Details
Year built
1945
Roof type
Shingle
Listing Agency:
BuySelf, Inc
(952) 285-1611
Listed By:
Albert G Hepp
(800) 554-3418
Added: Aug 28
Last Checked: Aug 28 at 8:06PM
MLS# 7129746
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 side-by-side duplex contains 2,528 square feet on a 0.13-acre lot, with two residential units and a detached 2-car garage. Both units include hardwood floors, finished basements, and in-unit washers and dryers. The property was built in 1945 and has forced-air heating, a shingle roof, metal exterior features, and driveway parking.
The property is located at 4753 France Avenue S in Minneapolis, Minnesota 55410, within Hennepin County. The source information identifies the surrounding area as Linden Hills/Fulton in Southwest Minneapolis, near 50th & France, neighborhood shops, restaurants, parks, bus lines, and lakes. The property has been held by the same owner since 1994.
The property is located at 4753 France Avenue S in Minneapolis, Minnesota 55410, within Hennepin County. The source information identifies the surrounding area as Linden Hills/Fulton in Southwest Minneapolis, near 50th & France, neighborhood shops, restaurants, parks, bus lines, and lakes. The property has been held by the same owner since 1994.
Key Highlights
- Side‑by‑side duplex with two residential units
- 2,528 square feet on a 0.13‑acre lot
- Detached 2‑car garage plus driveway parking
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 residential units feature finished basements, hardwood floors, and in-unit washers and dryers.
Where is this duplex located?
The property is located at 4753 France Avenue 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 two residential units; 2,528 square feet on a 0.13‑acre lot; Detached 2‑car garage plus driveway parking
