Side-by-Side
For Sale
$525,000
8109-8111 Zenith Ct N, Brooklyn Park, MN 55443
Two spacious units offer four bedrooms, private decks, fireplaces, dishwashers, and attached two-car garages.
Property Size3,013 SF
Price / SF$174.24
Days on Market99
Property Features for 8109-8111 Zenith Ct N
General Information
Standard status
Active
Size
3,013 SF
Property subtype
Multi-Family
Building Details
Year Built
1979
Listing Agency:
Real Broker, LLC
Listed By:
Emmanuel Olagbaju
(612) 600-6000
Source:
Searchhousesnow
Added: Jul 12
Changed: Oct 2
Last Checked: Oct 16 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
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Investment Insights
Based on property information with market context.
This side-by-side duplex, built in 1979, includes two residential units with matching layouts. Each unit provides 4 bedrooms and 2 bathrooms along with a 2-car garage, fireplace, deck, and dishwasher. The property is positioned on a quiet cul-de-sac at 8109-8111 Zenith Ct N in Brooklyn Park, Minnesota.
Tenants pay all utilities, supporting straightforward operating arrangements for the owner. The combination of multi-bedroom layouts, garage parking, and private outdoor space provides practical features for both residents and an owner-occupant.
Tenants pay all utilities, supporting straightforward operating arrangements for the owner. The combination of multi-bedroom layouts, garage parking, and private outdoor space provides practical features for both residents and an owner-occupant.
Key Highlights
- Two side‑by‑side duplex units
- Each unit has 4 bedrooms and 2 bathrooms
- 2‑car garage included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,881
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,620
$797.6K
Cap Rate 7%
$569,729
$569.7K
Cap Rate 9%
$443,122
$443.1K
Market Conditions
NOI Build-Up for 3,013 SF
Gross rent
$59.7K $19.80/SF
− Vacancy
−$2.7K −$0.89/SF
EGI
$57.0K $18.91/SF
− OpEx
−$17.1K −$5.67/SF
NOI
$39.9K $13.24/SF
Area
ZIP 55443
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,620
Cap Rate 7%
$569,729
Cap Rate 9%
$443,122
Alternative Uses
Best Use
Multifamily LT 5
$569.7K
$498.5K – $664.7K
NOI $39,881 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$506.3K
$443.0K – $590.7K
NOI $35,441 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$718.8K
$629.0K – $838.7K
NOI $50,319 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 55443, MN
36,771
Population
12,275
Households
3
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
9.1 sq mi
ZIP Area
4,041
Density / Sq Mi
$88,220
Median Household Income
$50,341
Median Earnings
$1,306
Median Rent
$346,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units offer four bedrooms, private decks, fireplaces, dishwashers, and attached two-car garages.
Where is this duplex located?
The property is located at 8109-8111 Zenith Ct N Brooklyn Park, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two side‑by‑side duplex units; Each unit has 4 bedrooms and 2 bathrooms; 2‑car garage included with each unit
