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    Two-Unit Duplex with Private Basements Title is generated by Realmo AI

    5721 Quincy Street, Mounds View, MN 55112

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    New
    For Sale
    $439,900

    MULTI_FAMILY - Mounds View, MN

    Property size:
    1,796 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $244/SF
    Added:
    Jun 29, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 5 at 4:06 pm

    Property Features for 5721 Quincy Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
    Parking features
    Parking Lot, Covered
    Exterior features
    Aluminum Siding
    Standard status
    Active
    APN
    053023410015
    Size
    1,796 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5456

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1964
    Building materials
    Frame

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    Angela P. Larson

    Listing agent Angela P. Larson

    Listing office Tangletown Realty 1705 Marion St, Roseville, MN

    Listing date Jun 29, 2026

    MLS# 7100733 Listing URL

    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.

    HighLights

    • Built in 1964 with frame construction and aluminum siding
    • Two‑unit setup with each unit offering one‑level living: 2BR/1BA
    • Each unit has its own full, private basement area with laundry and additional space
    • One unit includes a finished lower‑level bedroom with egress
    • Large lot with a big backyard backing up to walking trails
    • Forced‑air heating and covered parking available (parking lot and covered spaces)

    Overview

    This two-unit duplex includes two separate, one-level living layouts, each offering 2 bedrooms and 1 bathroom. In addition to the main level space, each unit has its own full, private basement area with laundry and additional room. One unit also has a finished lower-level bedroom with egress, and there is stated opportunity to finish more of the lower-level space to add further utility within the property. Updates have also been made to the units, supporting straightforward management and continued upkeep. The configuration provides flexibility for an owner-occupant or an investor looking for multiple income-producing units.

    The property sits on a large lot with a big backyard and backs up to walking trails, offering an outdoor setting that’s removed from immediate traffic. Located at 5721 Quincy Street in Mounds View, MN 55112 (Ramsey County), it combines a residential setting with the convenience of a duplex structure.

    From a tenant fit perspective, the unit design supports everyday living on one level, with each unit maintaining its own basement for added storage, recreation, or potential finish-out. For buyers, the presence of private basements, laundry hookups, and an existing egress bedroom provide practical flexibility for use planning. The seller also notes that adding a potential third unit within the basement may be possible, subject to feasibility.

    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 $39.9k $22.20
    − Vacancy −$2.4k −$1.33
    EGI $37.5k $20.87
    − OpEx −$11.2k −$6.26
    NOI $26.2k $14.61
    1,796 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $374.9K
    $328.0K – $437.4K (±1% cap)
    NOI $26,241 @ 7.0% cap · market cap 5.97%
    Second Best
    Apartment 5plus
    $344.3K
    $301.3K – $401.7K (±1% cap)
    NOI $24,102 @ 7.0% cap · market cap 5.48%
    Theoretical Best
    Office A
    $428.5K
    $374.9K – $499.9K (±1% cap)
    NOI $29,994 @ 7.0% cap · market cap 6.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Dental Office Hair Salon Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic Accounting Firm Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mounds View
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.193442
    Latitude
    45.11425

    FAQs

    What type of property is this?
    Duplex - Two one-level 2BR/1BA units with private basements and laundry on a large lot.
    Where is this duplex located?
    The property is located at 5721 Quincy Street 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: Built in 1964 with frame construction and aluminum siding; Two‑unit setup with each unit offering one‑level living: 2BR/1BA; Each unit has its own full, private basement area with laundry and additional space
    More about this property
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