840 25th Avenue SE, Minneapolis, MN 55414
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jul 1, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 9 at 7:06 am
Property Features for 840 25th Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 3, Basement
- Parking features
- Garage - Detached
- Exterior features
- Cedar
- Standard status
- Active
- APN
- 1902923130078
- Size
- 1,728 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8583
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1961
- Building materials
- Frame
Listing agent Kari M Lundin (612) 998-8959
Listing office Keller Williams Realty Integrity 7401 Metro Blvd No. 350 Edina, Edina, MN (952) 938-6100
Listing date Jul 1, 2026
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.
HighLights
- Frame home built in 1961 with forced‑air heating
- Detached garage provides on‑site parking
- Multiple bedrooms and bathrooms, including 8 bedrooms and 4 bathrooms
- Basement included
- Exterior features include cedar
Overview
The home is described as being close to both University of Minnesota campuses and within walking distance to a bus line, supporting everyday access for residents who rely on transit. Its location in Minneapolis, MN 55414 (Hennepin County) is presented as centrally located for commuting convenience.
For investors or owner-operators seeking a smaller-scale rental asset, this property’s multi-family format can support a practical housing strategy where income comes from multiple resident groups rather than a single tenant. For owner-occupants, the same layout may offer flexibility to live in one portion while renting the remaining space. Prospective buyers should review the unit configuration, lease status, and condition details directly as part of their due diligence, as those specifics are not provided in the public remarks.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $26.04 |
| − Vacancy | −$2.8k | −$1.64 |
| EGI | $42.2k | $24.40 |
| − OpEx | −$19.0k | −$10.98 |
| NOI | $23.2k | $13.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.217434
- Latitude
- 44.984861
