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For Sale:  Fridley MLS# 7016789

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Active NEW!
$449,900
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 3 ba • Built 1964
2,518 sqft • 0.27 acres
Spring Lake Park schools
MLS# 7016789
763-576-8286
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    Property Description

    Strong investment opportunity featuring a side-by-side duplex with two 4-bedroom units. Desirable bedroom count for the area supports strong rental demand and potential for longer tenant retention. Property offers over 2, 200 finished square feet with separate entrances, private laundry for each unit, and off-street parking. Unit 7385 has recently been updated with a new concrete driveway, fresh paint throughout, and new carpet in the basement. This unit has been intentionally left vacant to allow flexibility for owner-occupants or possible multi-generational living arrangements. Solid opportunity for investors looking to add a cash-flowing duplex with strong long-term rental appeal to their portfolio.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $449,900
    Price per sq ft: $179
    Property Type: Multi-family
    City: Fridley
    Garage Spaces: 0
    County: Anoka
    Year Built: 1964
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55432
    Subdivision Name: Melody Manor

    Interior

    Bedrooms: 8
    Bathrooms: 3
    Finished Area: 2,518 ft2
    Living Area: 2,518 ft2
    Refrigerators: Two
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,664 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Open
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Storm Sewer
    Pool: None
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.27
    Geolocation: 45.102592, -93.26284
    Lot Dimensions: 95 x 123 x 96 x 125
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 16
    District Phone: 7637865570

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,680
    Annual Maintenance Expense: None
    Annual Trash Expense: $360
    Annual Water/Sewer Expense: $860

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,732
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,780

    Income

    Annual Gross Income: $45,480

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Real Listings.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.