2 months on rocket

110 118th Ave NE, Blaine, MN, 55434

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,400 SqFt
$204/SqFt
Multi

Location

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110 118th Ave NE, Blaine$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAttached Garage, Asphalt, Tuckunder Garage
Attached Garage8 spaces
Year Built1979
HeatingForced Air
BasementYes
MLS #6601243
StatusActive

About 110 118th Ave NE

Rare Investment Opportunity: Two Side-by-Side Duplexes (4-Unit Building) in Blaine. Seize the chance to own two meticulously maintained, turn-key side-by-side duplexes (4-unit building) located across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park. Each unit offers a split floor plan featuring two bedrooms, a full bathroom with a master walkthrough, and an open kitchen, dining, and living area on the upper level. The lower level includes a cozy family room with a wood-burning fireplace, a third bedroom, and a ¾ bathroom. This fully occupied fourplex boasts new exterior paint (2024) and newer garage doors with openers (2019). Each unit has a two-car garage and operates on separate utilities for gas, electricity, and water, ensuring efficient and hassle-free management. Tenants are responsible for all utilities, including gas, electricity, trash, and water/sewer. They also handle snow removal and lawn maintenance, ensuring this is a low-maintenance investment. • Current Market Value: Similar duplexes in Blaine typically value over $550,000 each, making this a smart investment with room for growth. • Unit #110 recently underwent a kitchen remodel with new kitchen cabinets, granite countertops and a new refrigerator and stove. The unit received fresh paint throughout and luxury vinyl flooring on the upper level (kitchen, living room, dining, and 2 bedrooms) in 2024, and the basement also got newer carpet in 2022, making this unit highly attractive to quality tenants. • Unit #112 was updated with granite countertops in the kitchen, along with a new stainless steel refrigerator and stove. The entire unit was freshly painted in 2023. • Unit #114 underwent a kitchen remodel with granite countertops and new stainless steel appliances in 2018 and was further updated with luxury vinyl flooring on the upper level in 2024. The unit was freshly painted in 2022. • Unit #116 received a kitchen remodel in 2019 with granite countertops, new stainless steel appliances, and plank flooring in the living room, kitchen, and dining areas. The entire unit was freshly painted in 2022. Thanks to its excellent condition, recent updates, and strong rental history, this fourplex is an outstanding investment opportunity that you won’t want to miss!

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 5,400 SqFt

Listing Office:

  • Office Name: Apex Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Tuckunder Garage

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 110 118th Ave NE, Blaine

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $1,847
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Blaine, MN.

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Blaine, MN

City

Med. Sold Price

$382.1K

Med. Price/SqFt

$192

Avg. Days On Market

31

# of Sold Homes

90

110 118th Ave NE vs Blaine

66 DAYS ON ROCKET

+35 Days

$1,100,000

+$717.8K More

$204/SqFt

+$12 More

KEY TAKEAWAY

This property is $717.8K more than the Median Sold Price and $12/SqFt more than other homes in Blaine, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6601243

Listing Office:

  • Office Name: Apex Realty

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Property Sales & Tax

Listing History

Mar 23, 2005Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,847$167,700
2018$1,664$138,400
2017$1,658$128,100

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546180
6
/10

  • Jefferson Elementary School

  • 11331 Jefferson St NE

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-546181
5
/10

  • Eisenhower Elementary School

  • 151 Northdale Blvd NW

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-546182
4
/10

  • Sand Creek Elementary School

  • 12156 Olive St NW

  • 1.23 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,690. The majority of Blaine, MN residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Blaine, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Blaine, MN?

Blaine's housing market is diverse, offering a range of options from single-family homes to multi-unit dwellings. The architectural styles vary, with a prevalence of contemporary and ranch-style homes. The area has seen a steady growth in housing developments, particularly in the last few decades, reflecting a mix of both established neighborhoods and new constructions. The homeownership rate in Blaine is robust, with a significant majority of residents owning their homes, while a smaller percentage are renters.

Is Blaine, MN a good place to live?

Blaine is known for its family-friendly atmosphere and community-oriented spirit. The city prides itself on its well-maintained parks and recreational facilities, which serve as hubs for local events and sports activities. Seasonal festivals and community gatherings are a testament to the area's strong sense of togetherness and local pride.

Are things conveniently located in Blaine, MN?

The community is served by a solid educational system, including a number of public and private schools that cater to various educational needs. Blaine also hosts healthcare facilities that provide a range of services from routine check-ups to specialized care. The city's public library system supports lifelong learning with a variety of programs and resources. Retail and dining options in Blaine reflect the local culture, offering both familiar chains and unique local establishments.

What does the transportation in Blaine, MN look like?

Transportation in Blaine includes a combination of private and public transit options, with bus services connecting residents to key areas within the city and beyond. The city's layout is conducive to both walking and biking in certain areas, with ongoing efforts to improve the overall walkability and bikeability. Major roads and highways are easily accessible, facilitating convenient travel and commuting to neighboring cities and commercial centers.

Rocket Homes›Minnesota›Anoka County›Blaine›55434›110 118th Ave NE

This home is located at 110 118th Ave NE in Blaine, MN and zip code 55434. This 5,400 square foot home was built in 1979. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,100,000.

Over 27 listings were sold over their listed price in October 2024 in Blaine, MN. In the same period over 34 listings were sold below the listed price and 29 listings were sold for the listed price. The inventory of homes for sale in Blaine, MN between September 2024 and October 2024 increased by 4.1%. Listings spent 31 days on the market in October 2024, and had a median list price of $382,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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