1 month on rocket

5347 4th St NE, Fridley, MN, 55421

$459,900

Home List Price

$5,461*

Closing Credit

0 Baths
2,670 SqFt
$172/SqFt
Multi

Location

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5347 4th St NE, Fridley$459,900

Buyer Closing Credits

$5,461*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAsphalt, Shared Driveway
Garage2 spaces
Year Built1960
HeatingBaseboard, Steam, Zoned
BasementYes
MLS #6571664
StatusActive

About 5347 4th St NE

**THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IS BACK ON THE MARKET!** Due to the Buyers financing falling through at the last minute. ALL NEW ELECTRICAL PANELS INSTALLED IN EACH UNIT AND THE GARAGE! COME CHECK OUT THIS VERY AFFORDABLE OPPORTUNITY. This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements. Make this be your final investment of the year!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 2,670 SqFt

Listing Office:

  • Office Name: Realty ONE Group Choice

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Asphalt, Shared Driveway

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Zoned

Other

Directions Information:

  • Directions: HWY 10 TO UNIVERSITY AVE NE, GO SOUTH ON UNIVERSITY AVE, THEN EAST ON 53RD AVE NE, NORTH ON 4TH ST NE, TRI-PLEX IS ON THE RIGHT HAND SIDE

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,900
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $4,402
  • Tax Year: 2021
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Housing Market Comparison

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

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Fridley, MN

City

Med. Sold Price

$315K

Med. Price/SqFt

$180

Avg. Days On Market

32

# of Sold Homes

24

5347 4th St NE vs Fridley

59 DAYS ON ROCKET

+27 Days

$459,900

+$144.9K More

$172/SqFt

-$8 Less

KEY TAKEAWAY

This property is $144.9K more than the Median Sold Price and $8/SqFt less than other homes in Fridley, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6571664

Listing Office:

  • Office Name: Realty ONE Group Choice

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Last updated on: 12/21/2024, 10:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,402$264,900
2018$4,093$216,200
2017$3,818$193,500

History based on county public records data.

Payment Calculator

$2,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,445

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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-805419
1
/10

  • Valley View Elementary School

  • 800 49th Ave NE

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-805420
3
/10

  • North Park Elementary School

  • 5575 Fillmore St NE

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-805421
5
/10

  • R. L. Stevenson Elementary School

  • 6080 E River Rd

  • 1.08 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,538. Typical income of Fridley, MN residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Anoka County›Fridley›55421›5347 4th St NE

This home is located at 5347 4th St NE in Fridley, MN and zip code 55421. This 2,670 square foot home was built in 1960. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $459,900.

In November 2024 more than 8 listings in Fridley, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 8 were sold below. In November 2024 in Fridley, MN there were 15.5% less homes for sale than in October 2024. In November 2024 median list price was $315,000 and the average listing age was 32 days.

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

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