Duplex With Detached
For Sale
$425,000
921 Weeks Avenue SE, Minneapolis, MN 55414
Residential Income, Minneapolis, MN
Property Size2,288 SF
Lot Size0.12 Acres
Price / SF$185.75
Days on Market99
Property Features for 921 Weeks Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential-Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bedroom 4
Parking features
Garage - Detached
Subdivision
Cole & Weeks Add
Lot features
Irregular Lot
High school district
Minneapolis
Directions
Highway 280 to Como Ave West to 25th Ave South to Weeks
Standard status
Active
APN
1902923240017
Size
2,288 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7039
Utilities
Heating system
Forced Air
Building Details
Year built
1969
Roof type
Shingle
Listing Agency:
eXp Realty
(320) 500-4397
Listed By:
Corey Brenner
(612) 751-9303
Added: Jul 13
Changed: Oct 17
Last Checked: Oct 19 at 5:06AM
MLS# 7098486
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 2,288-square-foot duplex contains two units, each with two bedrooms and one bathroom. Both are currently rented. The property was built in 1969 and includes an unfinished basement, a detached two-car garage, and a driveway. Any conversion of the basement to another unit would require city approval and permits.
The 0.12-acre property is within walking distance of the University of Minnesota. Coffee shops, restaurants, and parks are also in the surrounding area.
The 0.12-acre property is within walking distance of the University of Minnesota. Coffee shops, restaurants, and parks are also in the surrounding area.
Key Highlights
- Two rented units, each with 2 bedrooms and 1 bathroom
- 2,288 square feet on a 0.12‑acre lot
- Detached two‑car garage and additional driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,429
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,580
$668.6K
Cap Rate 7%
$477,557
$477.6K
Cap Rate 9%
$371,433
$371.4K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$50.8K $22.20/SF
− Vacancy
−$3.0K −$1.33/SF
EGI
$47.8K $20.87/SF
− OpEx
−$14.3K −$6.26/SF
NOI
$33.4K $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%
$668,580
Cap Rate 7%
$477,557
Cap Rate 9%
$371,433
Alternative Uses
Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.2K
NOI $33,429 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$438.6K
$383.8K – $511.7K
NOI $30,704 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$545.9K
$477.6K – $636.9K
NOI $38,211 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, with a driveway and garage providing off-street parking.
Where is this duplex located?
The property is located at 921 Weeks Avenue SE Minneapolis, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two rented units, each with 2 bedrooms and 1 bathroom; 2,288 square feet on a 0.12‑acre lot; Detached two‑car garage and additional driveway
