Up-Down Duplex with Detached
For Sale
$375,000
Pending
5817 Quail Avenue N, Crystal, MN 55429
MULTI_FAMILY - Crystal, MN
Property Size1,934 SF
Lot Size0.23 Acres
Days on Market75
Property Features for 5817 Quail Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Basement
Parking features
Garage - Detached, Driveway
Exterior features
Fiber Board
Fencing
Chain Link
Subdivision
Larsons Twin Lake Park
High school district
Robbinsdale
Directions
From intersection of Bass Lake Road and Regent Ave head north to 58th Ave, then east one block to Quail Ave, then north to property on west side of street.
Standard status
Pending
APN
0411821140019
Size
1,934 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7248
Utilities
Heating system
Forced Air
Amenities
separate laundry facilities
detached garage
workshop space
garden shed
Building Details
Year built
1966
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Adam Tafel
(612) 600-6000
Added: Jun 1
Changed: Aug 13
Last Checked: Aug 14 at 11:06AM
MLS# 7084409
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 licensed up/down duplex is a classic mid-century rambler setup with two separate living spaces. Each unit has its own private entrance, separate kitchen and living areas, and separate laundry facilities. The spacious upper-level unit features 3 bedrooms and hardwood floors, including updated kitchen finishes with stainless steel appliances, recessed lighting, and new hardwood flooring in the kitchen. The downstairs 1-bedroom unit has been refreshed with new luxury vinyl plank flooring.
The property includes a detached garage designed for hobbies and storage, with a massive 20x40 garage plus workshop space, as well as a 12x12 garden shed. Additional exterior features include fiber board, chain link fencing, and driveway parking. Heating is forced air.
Built in 1966 and sited on a 0.23-acre lot, the home provides flexible living and rental options with two distinct units and room for storage and projects.
The property includes a detached garage designed for hobbies and storage, with a massive 20x40 garage plus workshop space, as well as a 12x12 garden shed. Additional exterior features include fiber board, chain link fencing, and driveway parking. Heating is forced air.
Built in 1966 and sited on a 0.23-acre lot, the home provides flexible living and rental options with two distinct units and room for storage and projects.
Key Highlights
- Licensed up/down duplex with private entrances, separate kitchens, and separate laundry facilities
- Upper‑level unit: 3 bedrooms, hardwood floors, stainless steel appliances, recessed lighting
- Downstairs 1‑bedroom unit refreshed with new luxury vinyl plank flooring
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
$25,063
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
6.68%
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%
$501,260
$501.3K
Cap Rate 7%
$358,043
$358.0K
Cap Rate 9%
$278,478
$278.5K
Market Conditions
NOI Build-Up for 1,934 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
$38.3K $19.80/SF
− Vacancy
−$2.5K −$1.29/SF
EGI
$35.8K $18.51/SF
− OpEx
−$10.7K −$5.55/SF
NOI
$25.1K $12.96/SF
Area
Hennepin County, MN
Vacancy
6.50%
Lease Rate
$19.80 /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%
$501,260
Cap Rate 7%
$358,043
Cap Rate 9%
$278,478
Alternative Uses
Best Use
Multifamily LT 5
$358.0K
$313.3K – $417.7K
NOI $25,063 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$322.9K
$282.6K – $376.8K
NOI $22,605 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$461.4K
$403.7K – $538.3K
NOI $32,299 @ 7.0% cap · market cap 8.61%
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
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 55429, MN
28,755
Population
10,529
Households
2.7
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
6.0 sq mi
ZIP Area
4,793
Density / Sq Mi
$66,661
Median Household Income
$40,255
Median Earnings
$1,253
Median Rent
$267,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Licensed up/down duplex with separate kitchens, private entrances, and laundry plus a large detached garage and workshop space.
Where is this duplex located?
The property is located at 5817 Quail Avenue N Crystal, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Licensed up/down duplex with private entrances, separate kitchens, and separate laundry facilities; Upper‑level unit: 3 bedrooms, hardwood floors, stainless steel appliances, recessed lighting; Downstairs 1‑bedroom unit refreshed with new luxury vinyl plank flooring
