Duplex with Attached
For Sale
$399,000
7217 Zane Avenue N, Brooklyn Park, MN 55429
Residential Income, Brooklyn Park, MN
Property Size2,108 SF
Lot Size0.26 Acres
Price / SF$189.28
Days on Market104
Property Features for 7217 Zane Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Basement, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 4
Parking features
Garage - Attached, Driveway
Patio and Porch features
Deck
Fencing
Chain Link
Subdivision
Barcley Square
High school district
Osseo
Directions
694 to Brooklyn Blvd., North to 69th (Left/West), Turn Right/North on Zane to property on left.
Standard status
Active
APN
2811921320083
Size
2,108 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6731
Utilities
Heating system
Forced Air
Building Details
Year built
1978
Listing Agency:
Keller Williams Classic Realty · Keller Williams Realty
Listed By:
Kristen Gagnon
(763) 746-4900
Added: Jul 8
Changed: Oct 15
Last Checked: Oct 19 at 7:06AM
MLS# 7090948
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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Investment Insights
Based on property information with market context.
This two-level duplex contains 2,108 square feet across an upper three-bedroom, one-bath unit and a lower two-bedroom, one-bath unit. Each residence has its own washer and dryer. Improvements include vinyl siding and vinyl windows, and the attached garage provides parking and storage. The property was built in 1978 and occupies a 0.26-acre lot.
Parks and schools are directly adjacent, and the property is within the Osseo School District. Brooklyn Blvd and I-694 are accessible from the area, with a bus line at the front of the property.
Parks and schools are directly adjacent, and the property is within the Osseo School District. Brooklyn Blvd and I-694 are accessible from the area, with a bus line at the front of the property.
Key Highlights
- Upper unit: 3 bedrooms and 1 bathroom; lower unit: 2 bedrooms and 1 bathroom
- 2,108 square feet on a 0.26‑acre lot
- Separate in‑unit washer and dryer for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,318
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,360
$546.4K
Cap Rate 7%
$390,257
$390.3K
Cap Rate 9%
$303,533
$303.5K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$41.7K $19.80/SF
− Vacancy
−$2.7K −$1.29/SF
EGI
$39.0K $18.51/SF
− OpEx
−$11.7K −$5.55/SF
NOI
$27.3K $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 Rate 5%
$546,360
Cap Rate 7%
$390,257
Cap Rate 9%
$303,533
Alternative Uses
Best Use
Multifamily LT 5
$390.3K
$341.5K – $455.3K
NOI $27,318 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$352.0K
$308.0K – $410.7K
NOI $24,639 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$502.9K
$440.1K – $586.8K
NOI $35,205 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
474
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own washer and dryer, with updated vinyl siding and vinyl windows.
Where is this duplex located?
The property is located at 7217 Zane Avenue N Brooklyn Park, MN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Upper unit: 3 bedrooms and 1 bathroom; lower unit: 2 bedrooms and 1 bathroom; 2,108 square feet on a 0.26‑acre lot; Separate in‑unit washer and dryer for each residence
