UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Auditors Sub 89
MLS Listing ID 7098679
Bedrooms 10
Year Built 1918
Annual Tax Amount $9,960
Tax Year 2026
Contingent None
Lot Size 0.520 Acres
Lot Dimensions 124x27x144x134x170
Property Description
Excellent opportunity to acquire a well-maintained and updated 5-unit residential rental property in Fridley featuring all 2-bedroom, 1-bathroom apartment homes. Each unit has been thoughtfully updated with modern kitchens and bathrooms, creating strong tenant appeal and a clean, move-in-ready rental experience.
The property offers a practical unit mix with five spacious 2-bedroom apartments, six garage stalls, and multiple designated off-street parking spaces. These features provide added convenience for residents and valuable income-supporting amenities for ownership. All units have existing leases, some are month-month.
Located at 1200 Norton Avenue NE in Fridley, this multifamily asset offers convenient access to major roadways, employment centers, shopping, dining, parks, and everyday services throughout the north metro. With updated interiors, garage parking, designated parking, and a desirable all-2-bedroom configuration, this property is well-positioned for an investor seeking a stabilized residential rental asset with long-term income potential.
A strong addition to an investment portfolio, this 5-unit property combines updated residential living spaces, functional parking, and a location within the established Fridley rental market.
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Rooms
Family Room Guest Suite
Basement Egress Window(s), Finished, Full, Walkout
Interior
Heating Forced Air
Cooling Window Unit(s)
Inclusions Leases
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Exterior
Parking Features Assigned, Attached Garage, Detached Garage, Asphalt, Tuckunder Garage
Garage Spaces 6.0
Fence Wood
Pool None
Utilities Available Electric Separate
Present Use Residential
Building
Story Two
Foundation 1176
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water - In Street
Level or Stories Two
Structure Type Frame
New Construction false
Schools
School District Spring Lake Park
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION