For Sale: Fridley MLS# 6629845
Active
$400,000
Multi-family: Duplex Side by Side
Built 1964
2,432 sqft • 0.3 acres
Spring Lake Park schools
MLS# 6629845
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Property Description
Spacious side-by-side duplex in prime Fridley location — perfect for an owner-occupant or investor! This well-maintained property features two generous 3-bedroom, 1-bath units, each offering over 1, 500 sq. ft. of living space. The updated unit is vacant and ready for immediate occupancy — an ideal opportunity for an owner-occupant to move right in, or for an investor to place a new tenant in a beautifully refreshed space. Unlike typical upper/lower duplexes, this side-by-side layout provides exceptional privacy with no shared walls above or below, giving each resident a true single-family feel. Each unit includes its own family room, offering flexible space for entertaining, home offices, or playrooms — a rare and valuable feature that enhances comfort and livability. Tenants handle gas, electric, internet, lawn care, and snow removal, while the owner covers only water and sewer. Located within walking distance to Madsen Park, the Mississippi River, Locke County Dog Park, and the Rice Creek West Regional Trail, this duplex combines lifestyle, location, and value. With potential rents of $1, 695+ per month, it offers strong income potential, immediate livability, and long-term equity growth — your chance to own a piece of Minnesota and let your investment work for you!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$164
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
Finished Area:
2,432 ft2
Living Area:
2,432 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,664 ft2
Foundation Dimensions:
26x64
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.3
Geolocation:
45.102823, -93.26202
Lot Dimensions:
98 x 140 x 76 x 160
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
16
District Phone:
763-786-5570
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$3,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,145
Tenant Expenses:
Cable TV, Electricity, Gas, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,625
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,323
Income
Annual Gross Income:
$12,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
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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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 Keller Williams Classic Rlty NW.
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.