6045 Brooklyn Boulevard, Brooklyn Center, MN 55429
For Sale
$745,000
Residential Income, Brooklyn Center, MN
Property Size3,885 SF
Lot Size0.44 Acres
Price / SF$191.76
Days on Market50
Property Features for 6045 Brooklyn Boulevard
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Subdivision
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Listing Agency:
RE/MAX Results · RE/MAX International
(651) 251-4800
Listed By:
Mark K Hulsey · License MN #40169559
(952) 829-2900
Added: Sep 24
Changed: Nov 4
Last Checked: Nov 12 at 8:06AM
MLS# 7149770
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.
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,763
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,260
$1.1M
Cap Rate 7%
$810,900
$810.9K
Cap Rate 9%
$630,700
$630.7K
Market Conditions
NOI Build-Up for 3,885 SF
Gross rent
$86.2K $22.20/SF
− Vacancy
−$5.2K −$1.33/SF
EGI
$81.1K $20.87/SF
− OpEx
−$24.3K −$6.26/SF
NOI
$56.8K $14.61/SF
Area
Hennepin 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%
$1,135,260
Cap Rate 7%
$810,900
Cap Rate 9%
$630,700
Alternative Uses
Best Use
Multifamily LT 5
$810.9K
$709.5K – $946.1K
NOI $56,763 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$648.7K
$567.6K – $756.8K
NOI $45,409 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$926.9K
$811.0K – $1.08M
NOI $64,882 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
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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
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Hennepin County, MN
Properties on Market for Triplexes in Hennepin County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
Where is this triplex located?
The property is located at 6045 Brooklyn Boulevard Brooklyn Center, MN.
What is the asking price?
The asking price for this property is $745,000.
