For Sale: Fridley MLS# 7082990
Active
NEW!
$600,000
Multi-family: Fourplex
7 br • 4 ba • Built 1961
2,873 sqft • 0.239 acres
Fridley schools
MLS# 7082990
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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 GE 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$600,000
Price per sq ft:
$209
Property Type:
Multi-family
City:
Fridley
Garage Spaces:
0
County:
Anoka
Year Built:
1961
State:
MN
Property Style:
Fourplex
Zip Code:
55421
Subdivision Name:
Hamiltons Add To Mechanics
Interior
Bedrooms:
7
Bathrooms:
4
Finished Area:
2,873 ft2
Living Area:
2,873 ft2
Basement Details:
None
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,530 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
Parking Lot
Shared Amenities:
Laundry
Road Frontage:
City Street
Rooms
Laundry:
- Common Area
- Lower Level
- Sink
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.239
Geolocation:
45.067095, -93.260731
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
14
District Phone:
7635025001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,057
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,057
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.