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One-Level Duplex with Private Basements
For Sale
$439,900

5721 Quincy Street, Mounds View, MN 55112

Residential Income, Mounds View, MN

Property Size1,796 SF
Lot Size0.34 Acres
Price / SF$244.93
Days on Market99

Property Features for 5721 Quincy Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Basement, Bathroom 2
Parking features Covered, Parking Lot
Exterior features Aluminum Siding
Subdivision Section 5 Town 30 Range 23
High school district Mounds View
Directions 35W to Cty Rd I, West to Quincy, North to Hillview, East to Quincy N
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
Listing Agency: Tangletown Realty
Listed By: Angela P. Larson
Added: Jun 29 Changed: Sep 24 Last Checked: Oct 5 at 4:06PM
MLS# 7100733

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 1964 frame duplex contains 1,796 square feet and provides two separate residences, each arranged for one-level living with 2BR/1BA. Both units include a private full basement with laundry and additional storage or flex space, while one lower level includes a finished bedroom with egress. Several updates have been completed, and the property has aluminum siding and forced-air heating.

The 0.344-acre parcel includes a backyard that borders walking trails. On-site parking is provided through a parking lot and covered spaces. The property is located at 5721 Quincy Street in Mounds View, Minnesota, within Ramsey County.

Key Highlights

  • 1,796‑square‑foot duplex built in 1964
  • Each unit offers 2BR/1BA single‑level living
  • Private full basement for each unit with laundry and additional space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,241
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
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
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 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 (±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 authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Hair Salon Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer single-level layouts, dedicated lower-level space, laundry, and covered parking on a 0.344-acre 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: 1,796‑square‑foot duplex built in 1964; Each unit offers 2BR/1BA single‑level living; Private full basement for each unit with laundry and additional space
More about this property
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