Up-and-Down Duplex with
921 Weeks Avenue SE Minneapolis, MN 55414
New
921 Weeks Avenue SE, Minneapolis, MN, 55414
$425,000
For Sale
$425,000
MULTI_FAMILY - Minneapolis, MN
Property Size2,288 SF
Lot Size0.12 Acres
Price / SF$185.75
Days on Market6
Property Features for 921 Weeks Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1
- Parking features
- Garage - Detached
- Exterior features
- Brick/Stone
- 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
4525 White Bear Parkway Suite 122, White Bear Lake, MN
Listed by
Corey Brenner
(612) 751-9303
Added: Jul 13 Checked: Jul 18 at 2:06 am
MLS# 7098486
Listing URL
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 well-maintained up-and-down duplex includes two spacious residential units, each with 2 bedrooms and 1 bathroom. Both units are currently rented. The property also features a detached two-car garage and an additional driveway that provide off-street parking for residents.
The home is located in Minneapolis and is within walking distance of the University of Minnesota. The surrounding area includes local coffee shops, restaurants, parks, and other city conveniences.
An unfinished basement is available, presenting the possibility of adding a third unit, subject to city approval and permitting.
The home is located in Minneapolis and is within walking distance of the University of Minnesota. The surrounding area includes local coffee shops, restaurants, parks, and other city conveniences.
An unfinished basement is available, presenting the possibility of adding a third unit, subject to city approval and permitting.
Key Highlights
- Up‑and‑down duplex built in 1969 with 2 units, each with 2 bedrooms and 1 bathroom
- Both units are currently rented, providing immediate rental income
- Detached 2‑car garage plus additional driveway for off‑street parking
Local Financial Insights For Multifamily LT 5
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 | $50.8k | $22.20 |
| − Vacancy | −$3.0k | −$1.33 |
| EGI | $47.8k | $20.87 |
| − OpEx | −$14.3k | −$6.26 |
| NOI | $33.4k | $14.61 |
2,288 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two rented 2-bedroom, 1-bath units and off-street parking, plus a detached two-car garage.
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: Up‑and‑down duplex built in 1969 with 2 units, each with 2 bedrooms and 1 bathroom; Both units are currently rented, providing immediate rental income; Detached 2‑car garage plus additional driveway for off‑street parking
