For Sale
$374,900
804 Oliver Avenue N, Minneapolis, MN 55411
Residential Income, Minneapolis, MN
Property Size2,273 SF
Lot Size0.25 Acres
Price / SF$164.94
Days on Market68
Property Features for 804 Oliver Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bathroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 1
Parking features
Other
Patio and Porch features
Porch
Subdivision
Oak Park Add
Lot features
Corner Lot, Tree Coverage - Light
High school district
Minneapolis
Directions
From S 35W TO 94W TO OLSON MEMORIAL TO PENN AVE N TO 8TH AVE GO EAST TO OLIVER & NORTH ON OLIVER
Standard status
Active
APN
2102924230130
Size
2,273 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5352
Utilities
Heating system
Forced Air
Building Details
Year built
1902
Building materials
Block
Listing Agency:
Bridge Realty, LLC
(952) 368-0021
Listed By:
Jia Pan
(763) 227-8029
Added: Aug 11
Changed: Oct 17
Last Checked: Oct 17 at 2:06AM
MLS# 7123726
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
$33,210
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,200
$664.2K
Cap Rate 7%
$474,429
$474.4K
Cap Rate 9%
$369,000
$369.0K
Market Conditions
NOI Build-Up for 2,273 SF
Gross rent
$50.5K $22.20/SF
− Vacancy
−$3.0K −$1.33/SF
EGI
$47.4K $20.87/SF
− OpEx
−$14.2K −$6.26/SF
NOI
$33.2K $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%
$664,200
Cap Rate 7%
$474,429
Cap Rate 9%
$369,000
Alternative Uses
Best Use
Multifamily LT 5
$474.4K
$415.1K – $553.5K
NOI $33,210 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$435.8K
$381.3K – $508.4K
NOI $30,503 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$542.3K
$474.5K – $632.7K
NOI $37,960 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 55411, MN
31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
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
Where is this duplex located?
The property is located at 804 Oliver Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $374,900.
