For Sale: Fridley MLS# 7131871
Active
$425,000
Multi-family: Duplex Side by Side
6 br • 2 ba • Built 1961
2,398 sqft • 0.25 acres
Fridley schools
MLS# 7131871
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Property Description
Turnkey Side-by-Side Duplex: Prime Location, Long-Term Tenants in Place.
Solid investment opportunity in a highly desirable location! This side-by-side duplex offers long-term, stable tenants already in place — perfect for the investor seeking a low-maintenance addition to their portfolio.
Each unit features its own separated garage for added tenant privacy and convenience. Both furnaces and AC units have been recently updated.
Unbeatable location just minutes from major highways for an easy commute, with the scenic Mississippi River nearby for walking, biking, and outdoor recreation. Shopping and a great mix of restaurants are all just around the corner, making this a location tenants love to call home.
Whether you're growing your investment portfolio or looking for house-hacking potential, this property checks all the boxes: strong location, updated mechanicals, and reliable rental history. Don't miss this opportunity — schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$425,000
Price per sq ft:
$177
Property Type:
Multi-family
City:
Fridley
Garage Spaces:
2
County:
Anoka
Year Built:
1961
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55432
Subdivision Name:
Pearsons Craigway Estate 2nd Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,398 ft2
Living Area:
2,398 ft2
Basement Details:
- Block
- Finished
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
461 ft2
Garage Door Width:
8
Foundation Size:
1,760 ft2
Fencing:
Chain Link, Privacy, Wood
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached Garage
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.25
Geolocation:
45.110254, -93.278663
Lot Dimensions:
80 x 136
Zoning:
Residential-Multi-Family
Schools
School District:
14
District Phone:
7635025001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,074
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,910
Annual Water/Sewer Expense:
$920
Tenant Expenses:
Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Pest Control, Telephone, Snow Removal
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,264
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,264
Income
Annual Gross Income:
$39,540
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 Rize 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.