Duplex With Private
For Sale
$439,900
5721 Quincy St, Mounds View, MN 55112
Two single-level units include private lower-level areas, laundry, and access to a large backyard bordering walking trails.
Property Size1,796 SF
Price / SF$244.93
Days on Market44
Property Features for 5721 Quincy St
General Information
Standard status
Active
Size
1,796 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,456
Amenities
laundry
Listing Agency:
Tangletown Realty
(612) 296-6900
Listed By:
Angela P. Larson
(612) 296-6900
Source:
Exprealty
Added: Jun 29
Changed: Aug 8
Last Checked: Aug 11 at 12:45PM
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 Tangletown Realty
Investment Insights
Based on property information with market context.
This duplex contains 1,796 square feet with two separate residences, each arranged for single-level living with 2 bedrooms and 1 bathroom. Both units include a full private basement with laundry and additional storage or flex space, while one lower level includes a finished bedroom with egress. Several updates have been completed within the units.
The property occupies a large lot with a spacious backyard and direct adjacency to walking trails. Located at 5721 Quincy St in Mounds View, Minnesota, the configuration offers distinct upper-level living areas along with substantial basement space for household use or future finishing, subject to applicable requirements.
The property occupies a large lot with a spacious backyard and direct adjacency to walking trails. Located at 5721 Quincy St in Mounds View, Minnesota, the configuration offers distinct upper-level living areas along with substantial basement space for household use or future finishing, subject to applicable requirements.
Key Highlights
- Duplex totaling 1,796 square feet
- Each unit offers 2 bedrooms and 1 bathroom on one level
- Full private basement with laundry included for each unit
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
$26,241
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
5.97%
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%
$524,820
$524.8K
Cap Rate 7%
$374,871
$374.9K
Cap Rate 9%
$291,567
$291.6K
Market Conditions
NOI Build-Up for 1,796 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
$39.9K $22.20/SF
− Vacancy
−$2.4K −$1.33/SF
EGI
$37.5K $20.87/SF
− OpEx
−$11.2K −$6.26/SF
NOI
$26.2K $14.61/SF
Area
Ramsey County, 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%
$524,820
Cap Rate 7%
$374,871
Cap Rate 9%
$291,567
Alternative Uses
Best Use
Multifamily LT 5
$374.9K
$328.0K – $437.4K
NOI $26,241 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$344.3K
$301.3K – $401.7K
NOI $24,102 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$428.5K
$374.9K – $499.9K
NOI $29,994 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 55112, MN
46,728
Population
17,956
Households
2.6
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
2,670
Density / Sq Mi
$93,823
Median Household Income
$47,676
Median Earnings
$1,322
Median Rent
$338,800
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 single-level units include private lower-level areas, laundry, and access to a large backyard bordering walking trails.
Where is this duplex located?
The property is located at 5721 Quincy St Mounds View, MN.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Duplex totaling 1,796 square feet; Each unit offers 2 bedrooms and 1 bathroom on one level; Full private basement with laundry included for each unit
