Property summary
This stabilized multifamily investment property, a charming two-story triplex, presents a compelling opportunity in North Branch, Minnesota. Located at 8979 County Rd 5, 55056, this 1965-built property underwent renovations in 2000 and sits on a spacious 3-acre lot. The building comprises three units, each currently generating strong rental income, contributing to a current Net Operating Income (NOI) of $24,083, representing an 8.03% capitalization rate. Pro forma projections indicate a… potential NOI of $28,000, boosting the capitalization rate to a promising 9.33%. The asking price is $300,000, translating to $100,000 per unit. This represents a strong value proposition for investors seeking a stable, cash-flowing asset with potential for future appreciation. The property's location in Isanti County within the desirable North Branch community ensures consistent tenant demand. The existing units are well-maintained and offer modern amenities, attracting high-quality tenants. The substantial lot size offers potential for future expansion or value-add improvements, further enhancing the property's long-term investment potential. This triplex is ideal for both seasoned investors seeking a solid addition to their portfolio and those new to real estate investment looking for a stable and profitable venture. The property's strong historical performance and upside potential make it a truly attractive investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
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- Alternative use
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
