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MLS: #7054532, Listed By: Derek Dittmer, Meta Realty, Source:FargoMoorhead Area Association of REALTORS

3829 Lake Drive Avenue

Robbinsdale, MN 55422
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Bed 6

Bed

Bath 2

Bath

SqFt2,766

Sqft

Acres0.21

Acre(Lot)

High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit. This is an investor-friendly setup with gas, electric, and water all separately metered, ke eping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy. Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $420,000

AD Id : 77548529

MLS Id : 7054532

Beds : 6

Lot Size : 0.21 Acre

Living Area Size : 2,766

Year Built : 1964

County : Hennepin

Subdivision: Buckingham Place

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water

  • Building Information

    Year Built: 1964 Building Area Total: 3024 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 60x151 Main Square Feet: 0.21 Acres Lot Size Acres: 0.21 Lot Size Square Feet: 9147.6

    Property Information

    Subdivision: Robbin Terrace Add Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 62

  • Listing Price Information

    Listing Price: $420000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 1511821120029 Annual Tax: $7293

  • Homeowners Association Information
    Association Amenities: Coin Laundry

  • Location Information

    Direction: Hwy 100 to 42nd St. East on 42nd, follow 42nd past Bottineau Blvd (Co Rd 81), 42nd then turns into Lake Dr Ave N. Stay on Lake Dr Ave to home. WaterSource: Public
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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 06/19/2026 @ 01:11

MLS: 7054532 LISTED BY: Derek Dittmer, Meta Realty 952-243-0037 SOURCE: FargoMoorhead Area Association of REALTORS

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