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MLS: #7082990, Listed By: Janelle Mattson, eXp Realty, Source:FargoMoorhead Area Association of REALTORS

5428 5th Street

Minneapolis, MN 55421
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$600,000 $2,529/Mo
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Bed 7

Bed

Bath 4

Bath

SqFt2,873

Sqft

Acres0.23

Acre(Lot)

Welcome to this well-positioned 4-unit investment opportunity in Fridley, a community celebrated for its natural beauty and everyday convenience. Nearby Springbrook Nature Center offers 127 acres of wooded boardwalks, wildlife viewing, and environmental education, while commuters will appreciate quick access to the Twin Cities. Residents also enjoy walkability to Jubilee Park and Oak Hill Park, along with nearby shopping, dining, and entertainment just minutes away. The property features four total units, including two 2-bedroom units on the upper level with a mirrored layout, plus one 2-bedroom and one 1-bedroom unit on the lower level. All units share a welcoming front vestibule with a dedicated mail area, along with convenient access to shared laundry and utility space equipped with a G E washer and dryer and utility sink. From this area, residents also have direct access to the back dedicated parking lot and off-street parking. Unit 1 is a lower-level 1-bedroom, 1-bathroom residence offering a bright living room with front yard views and abundant natural light. The open layout flows into the dining area and kitchen, which is equipped with stainless steel appliances. The full bathroom features a tile surround, while the bedroom provides side yard views and dual closets for generous storage. Unit 2 is a spacious lower-level 2-bedroom, 1-bathroom unit filled with natural light from multiple windows throughout, creating a warm and inviting atmosphere. The kitchen features stainless steel appliances and a tile backsplash, opening seamlessly to the dining and living areas for comfortable everyday living and easy entertaining. Both bedrooms are nicely sized with LVP, and the bathroom is conveniently located between them. Units 3 and 4 occupy the upper level and share a mirrored 2-bedroom, 1-bathroom layout. Each unit offers an open-concept design with kitchens that flow into the dining and living areas, creating a functional and comfortable living space. Generous cabinet storage enhances each kitchen, while both bedrooms are well-sized and located near the full bathrooms. All units include direct interior access to the shared laundry and utility area. With four thoughtfully designed units, strong access to parks and natural amenities, and convenient connectivity to the Twin Cities, this Fridley property offers an appealing blend of lifestyle and long-term investment potential. From wooded trails to urban convenience, it delivers the balance today’s renters are actively seeking. Note: annual gross revenue is an estimate based on previous history

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Detail Ic Property Details

Property Type : Residential Income

Price : $600,000

AD Id : 79771050

MLS Id : 7082990

Beds : 7

Lot Size : 0.23 Acre

Living Area Size : 2,873

Year Built : 1961

County : Anoka

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 4

    Room Information

    Basement: None

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard

  • Building Information

    Year Built: 1961 Building Area Total: 2873 Private Pool: No

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 10018.8 Lot Description: Near Public Transit

    Property Information

    Subdivision: Hamiltons Add To Mechanics Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 65

  • Listing Price Information

    Listing Price: $600000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 233024340014 Annual Tax: $8056.98

  • Parking Information

    Parking Lot
    Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: University Ave NE to 53rd Ave NE to 5th St NE WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5347 4th Street, Minneapolis, MN, 55421 $500,000 4 3 2,670 2,670 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/09/2026 @ 03:26

MLS: 7082990 LISTED BY: Janelle Mattson, eXp Realty 320-500-4397 SOURCE: FargoMoorhead Area Association of REALTORS

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