Turn-key triplex investment opportunity with strong, consistent rental income. Each unit offers a private exterior entrance for added tenant appeal. Unit #2 features 2 beds, 1 bath with in-unit laundry, while Units #1 & #3 1 bed, 1 bath and each unit includes their own washers and dryers in a shared laundry space. Well-maintained property with a roof under 10 years old and solid overall condition. Detached 2-car garage adds value, tenant parking and/or storage. Located in a high-demand rental area near highways, parks, shopping, and dining. Leases in place will transfer with sale. 24-hour notice required for showings. Quick closing available.
Active
$500,000
5347 4th St NE, Fridley, MN 55421
4beds
3baths
2,670sqft
Est.:
Triplex
Built in 1960
-- sqft lot
$-- Zestimate®
$187/sqft
$-- HOA
What's special
Private exterior entranceIn-unit laundry
- 35 days |
- 255 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Amy Foss 651-261-1597,
LaBelle Real Estate Group Inc,
Jake Foss 651-308-3853
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7054412
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Boiler, Zoned
Appliances
- Laundry: Lower Level, In Unit
Features
- Basement: Block,Finished,Partially Finished,Storage Space,Walk-Out Access
Interior area
- Total structure area: 2,670
- Total interior livable area: 2,670 sqft
- Finished area above ground: 1,550
- Finished area below ground: 1,120
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Shared Driveway, Shared Garage/Stall
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x24)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 8,712 Square Feet
- Dimensions: 130 x 67
- Features: Tree Coverage - Light
Details
- Foundation area: 1550
- Parcel number: 233024340055
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Post and Beam, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Hamiltons Add To Mechanics
HOA
- Amenities included: Laundry
Location
- Region: Fridley
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $343,800
- Annual tax amount: $6,200
- Date on market: 4/17/2026
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $500,000+11.1%$187/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7054412 Report a problem | ||
| 1/31/2025 | Sold | $450,000-2.2%$169/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
| 1/7/2025 | Pending sale | $459,900$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
| 12/21/2024 | Price change | $459,900+3.4%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
| 11/27/2024 | Pending sale | $444,900$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
| 11/22/2024 | Price change | $444,900-1.1%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
| 11/8/2024 | Listed for sale | $449,900$169/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571664 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,425 +10.6% | $343,800 +9% |
| 2024 | $4,903 +4.2% | $315,400 +0.3% |
| 2023 | $4,707 +0.9% | $314,500 +2.1% |
| 2022 | $4,667 | $308,100 +16.3% |
| 2021 | -- | $264,900 +9.6% |
| 2019 | $4,542 +11% | $241,800 +11.8% |
| 2018 | $4,093 +7.2% | $216,200 +11.7% |
| 2017 | $3,818 +14.3% | $193,500 +23.6% |
| 2016 | $3,339 +3.8% | $156,600 |
| 2015 | $3,218 +4.2% | $156,600 +18.8% |
| 2014 | $3,087 -5.3% | $131,800 |
| 2013 | $3,259 -0.3% | -- |
| 2012 | $3,269 -5% | -- |
| 2011 | $3,440 -6.5% | -- |
| 2010 | $3,679 +13.2% | -- |
| 2008 | $3,251 +17.9% | -- |
| 2007 | $2,758 +14.1% | -- |
| 2006 | $2,418 +14.1% | -- |
| 2005 | $2,120 +13.5% | -- |
| 2004 | $1,867 +1% | -- |
| 2003 | $1,849 +10.4% | -- |
| 2002 | $1,675 -10.5% | -- |
| 2001 | $1,871 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Oak Hills
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 4/10Fridley Middle SchoolGrades: 5-8Distance: 1.1 mi
- 4/10Fridley Senior High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Anoka County
- Fridley
- 55421
- Oak Hills
- 5347 4th St NE
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Nearby neighborhoods
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