Duplex with Private
For Sale
$368,000
606 20th Avenue S, Minneapolis, MN 55454
Residential Income, Minneapolis, MN
Property Size2,052 SF
Lot Size0.10 Acres
Price / SF$179.34
Days on Market52
Property Features for 606 20th Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Basement, Laundry Room, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Patio and Porch features
Porch
Subdivision
Randy Stoecker Add
High school district
Minneapolis
Directions
Washington ST NE to 20th St, west to property
Standard status
Active
APN
2502924320512
Size
2,052 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3686
Utilities
Heating system
Oil
Amenities
private porch
hardwood floors
Building Details
Year built
1900
Buildings
1
Listing Agency:
Keller Williams Realty Integrity
(952) 938-6100
Listed By:
Kari M Lundin
(612) 998-8959
Added: Sep 3
Changed: Oct 24
Last Checked: Oct 24 at 12:06PM
MLS# 7138382
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,052 square feet on a 0.1-acre parcel. Each of its two residences has hardwood floors and a private porch. The roof and siding have been replaced, and the building dates to 1900.
The property borders a community park and is across from Augsburg University. Carlson and the University of Minnesota’s West Bank campus are a few blocks away, and Fairview is within walking distance. Restaurants are also walkable, while downtown Minneapolis and the Mississippi River are a short drive away.
The property borders a community park and is across from Augsburg University. Carlson and the University of Minnesota’s West Bank campus are a few blocks away, and Fairview is within walking distance. Restaurants are also walkable, while downtown Minneapolis and the Mississippi River are a short drive away.
Key Highlights
- Two‑unit duplex with 2,052 square feet on a 0.1‑acre lot
- Private porch and hardwood floors in each residence
- Roof and siding have been replaced
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,981
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,620
$599.6K
Cap Rate 7%
$428,300
$428.3K
Cap Rate 9%
$333,122
$333.1K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$45.6K $22.20/SF
− Vacancy
−$2.7K −$1.33/SF
EGI
$42.8K $20.87/SF
− OpEx
−$12.8K −$6.26/SF
NOI
$30.0K $14.61/SF
Area
Minneapolis, 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%
$599,620
Cap Rate 7%
$428,300
Cap Rate 9%
$333,122
Alternative Uses
Best Use
Multifamily LT 5
$428.3K
$374.8K – $499.7K
NOI $29,981 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$393.4K
$344.2K – $459.0K
NOI $27,537 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$489.6K
$428.4K – $571.2K
NOI $34,270 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,483
Businesses Nearby
Explore this area
Business Placement
Demographics for 55454, MN
8,279
Population
3,823
Households
2.2
Avg Household Size
28
Median Age
27%
College-Educated
67%
High-School Grad
0.6 sq mi
ZIP Area
13,798
Density / Sq Mi
$26,429
Median Household Income
$16,150
Median Earnings
$947
Median Rent
$184,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature hardwood floors and individual porches, with Augsburg University and Fairview nearby.
Where is this duplex located?
The property is located at 606 20th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,052 square feet on a 0.1‑acre lot; Private porch and hardwood floors in each residence; Roof and siding have been replaced
