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Duplex With Attached Garages
New
For Sale
$449,900

819 & 821 55th Avenue N, Brooklyn Center, MN 55430

Residential Income, Brooklyn Center, MN

Property Size3,226 SF
Lot Size0.29 Acres
Price / SF$139.46
Days on Market3

Property Features for 819 & 821 55th Avenue N

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 6, Basement, Bedroom 1, Bedroom 5, Laundry Room, Bathroom 2, Bedroom 4
Parking features Garage - Attached, Driveway
Patio and Porch features Patio
Subdivision Bellvue Acres
Lot features Tree Coverage - Medium
High school district Brooklyn Center
Directions Hwy 94 - exit #226 49th/53rd Head West on 53rd then Right on Camden then Left to 55th Home on left.
Standard status Active
APN 0111821340046
Size 3,226 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7221

Utilities

Heating system Forced Air

Building Details

Year built 1973
Building materials Block, Frame
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Christopher W Rich · License #20293159
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 14 at 7:06AM
MLS# 7159162

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.

Investment Insights

Based on property information with market context.

This 3,226-square-foot duplex at 819 & 821 55th Avenue N contains two matching residences, each with three bedrooms, two bathrooms, and an attached garage. One side is owner occupied; the other has had the same tenant for about 15 years. Updates include stainless steel appliances, carpet, and paint. The property was built in 1973 and sits on a 0.29-acre lot.

A park is next to the property in Brooklyn Center. A patio and driveway are also listed among the property features.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 3,226 square feet on a 0.29‑acre lot
  • Attached garage for each unit; driveway parking also listed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,707
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,140 $754.1K
Cap Rate 7%
$538,671 $538.7K
Cap Rate 9%
$418,967 $419.0K
Market Conditions
NOI Build-Up for 3,226 SF
Gross rent
$72.8K $22.56/SF
− Vacancy
−$4.2K −$1.31/SF
EGI
$68.6K $21.25/SF
− OpEx
−$30.9K −$9.56/SF
NOI
$37.7K $11.69/SF
Area
Hennepin County, MN
Vacancy
5.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,140
Cap Rate 7%
$538,671
Cap Rate 9%
$418,967

Alternative Uses

Best Use
Multifamily LT 5
$597.2K
$522.6K – $696.8K (±1% cap)
NOI $41,806 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$538.7K
$471.3K – $628.5K (±1% cap)
NOI $37,707 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$769.7K
$673.5K – $897.9K (±1% cap)
NOI $53,876 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Spa & Massage Center Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 55430, MN

24,058
Population
8,098
Households
3
Avg Household Size
33
Median Age
29%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
4,078
Density / Sq Mi
$77,385
Median Household Income
$41,418
Median Earnings
$1,370
Median Rent
$243,800
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and an attached garage.
Where is this duplex located?
The property is located at 819 & 821 55th Avenue N Brooklyn Center, MN.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 3,226 square feet on a 0.29‑acre lot; Attached garage for each unit; driveway parking also listed
More about this property
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