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Two-Unit Duplex
New
For Sale
$449,000

829 25th Avenue SE, Minneapolis, MN 55414

Residential Income, Minneapolis, MN

Property Size1,708 SF
Lot Size0.12 Acres
Price / SF$262.88
Days on Market3

Property Features for 829 25th Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bedroom 3, Bedroom 5
Parking features Other, Open, Garage - Detached, Covered
Subdivision Cole & Weeks Add
Lot features Public Transit (w/in 6 blks), Tree Coverage - Heavy
High school district Minneapolis
Directions end of the cul de sac
Standard status Active
APN 1902923240143
Size 1,708 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8056

Utilities

Heating system Forced Air

Building Details

Year built 1951
Roof type Composition
Listing Agency: Savvy Avenue, LLC
Listed By: Moe Mossa
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 25 at 8:06AM
MLS# 7163900

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 1,708-square-foot duplex, built in 1951, includes a four-bedroom main residence and a separate one-bedroom, one-bathroom unit at the rear. The rear unit produces income. Forced-air heating and a composition roof are among the property’s existing features.

The 0.12-acre property is located at 829 25th Avenue SE in Minneapolis. Parking includes a detached garage, covered spaces, and open spaces.

Key Highlights

  • Separate rear unit with 1 bedroom and 1 bathroom
  • Four‑bedroom main residence
  • 1,708 square feet on a 0.12‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,955
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,100 $499.1K
Cap Rate 7%
$356,500 $356.5K
Cap Rate 9%
$277,278 $277.3K
Market Conditions
NOI Build-Up for 1,708 SF
Gross rent
$37.9K $22.20/SF
− Vacancy
−$2.3K −$1.33/SF
EGI
$35.7K $20.87/SF
− OpEx
−$10.7K −$6.26/SF
NOI
$25.0K $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%
$499,100
Cap Rate 7%
$356,500
Cap Rate 9%
$277,278

Alternative Uses

Best Use
Multifamily LT 5
$356.5K
$311.9K – $415.9K (±1% cap)
NOI $24,955 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$327.4K
$286.5K – $382.0K (±1% cap)
NOI $22,921 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$407.5K
$356.6K – $475.4K (±1% cap)
NOI $28,525 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
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

Frequently Asked Questions

What type of property is this?
Duplex - A detached garage and additional covered and open parking serve the property.
Where is this duplex located?
The property is located at 829 25th Avenue SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Separate rear unit with 1 bedroom and 1 bathroom; Four‑bedroom main residence; 1,708 square feet on a 0.12‑acre lot
More about this property
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