8 hr notice to show. This property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset.
-Three units occupied w/market-rate tenants. Some units have been updated.
-4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income.
-E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk.
-Coin-op laundry on third-party contract —new owner can take over machines and capture 100% of income.
-Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management.
**Listing agent holds an ownership interest in the property.
Closed
$550,000
1107 57th Ave N, Brooklyn Center, MN 55430
8beds
4baths
3,400sqft
Fourplex
Built in 1963
-- sqft lot
$549,300 Zestimate®
$162/sqft
$1,729 Estimated rent
Home value
$549,300
$511,000 - $588,000
$1,729/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ishmael Israel 612-548-4626,
National Realty Guild
Bought with:
Olakunle Ibitoye
TheMLSonline.com, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7032582
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area, Lower Level, Laundry Room, Coin-op Laundry Leased
Features
- Basement: Other
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
- Finished area above ground: 1,700
- Finished area below ground: 1,700
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage, Asphalt, Garage Door Opener, Parking Lot, Paved Lot
- Garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Rear Porch
- Fencing: Chain Link,Partial
Lot
- Size: 0.32 Acres
- Dimensions: 102 x 136
- Features: Near Public Transit, Tree Coverage - Medium
- Topography: Level
Details
- Foundation area: 1700
- Parcel number: 0111821320018
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Block, Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Brooklyn Center
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Sold | $550,000-6.8%$162/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7032582 Report a problem | ||
| 5/11/2026 | Pending sale | $589,900$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032582 Report a problem | ||
| 4/15/2026 | Price change | $589,900-1.7%$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032582 Report a problem | ||
| 3/7/2026 | Listed for sale | $599,900-4.8%$176/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032582 Report a problem | ||
| 2/5/2026 | Listing removed | $629,950$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807486 Report a problem | ||
| 12/30/2025 | Price change | $629,950-1.6%$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807486 Report a problem | ||
| 11/26/2025 | Price change | $639,950-1.5%$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807486 Report a problem | ||
| 10/23/2025 | Listed for sale | $649,900+44.4%$191/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807486 Report a problem | ||
| 12/8/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5723360 Report a problem | ||
| 5/21/2021 | Sold | $450,000+10%$132/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5723360 Report a problem | ||
| 3/16/2021 | Pending sale | $409,000$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5723360 Report a problem | ||
| 3/11/2021 | Listed for sale | $409,000+25.8%$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5723360 Report a problem | ||
| 2/28/2019 | Sold | $325,000+97%$96/sqft |
Source: Public Record Report a problem | ||
| 1/29/1999 | Sold | $165,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,389 +9% | $542,000 |
| 2024 | $9,529 +15.3% | $542,000 |
| 2023 | $8,261 +13.7% | $542,000 +7.5% |
| 2022 | $7,264 -4.7% | $504,000 +30.6% |
| 2021 | $7,624 -1.8% | $386,000 +12.2% |
| 2020 | $7,761 +1.8% | $344,000 |
| 2019 | $7,624 -1.8% | $344,000 +7.2% |
| 2018 | $7,761 +12.9% | $321,000 +13.4% |
| 2017 | $6,875 +10.6% | $283,000 +13.2% |
| 2016 | $6,215 +2.2% | $250,000 +2.9% |
| 2015 | $6,080 +5.5% | $243,000 +9% |
| 2014 | $5,760 +3.5% | $223,000 +0.5% |
| 2013 | $5,567 +11.6% | $222,000 +1.4% |
| 2012 | $4,987 +5% | $219,000 |
| 2011 | $4,752 -13.4% | $219,000 -17.7% |
| 2010 | $5,489 -20.3% | $266,000 -27.3% |
| 2009 | $6,889 -14.4% | $366,000 -8.7% |
| 2006 | $8,049 +5.9% | $401,000 +10.5% |
| 2005 | $7,598 +8.5% | $363,000 +20.2% |
| 2004 | $7,001 +3% | $302,000 +34.8% |
| 2002 | $6,794 -47.4% | $224,000 |
| 2001 | $12,925 | -- |
Find assessor info on the county website
Neighborhood: 55430
Nearby schools
GreatSchools rating
- 1/10Earle Brown Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 1/10Brooklyn Center Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Brooklyn Center SecondaryGrades: 9-12Distance: 1.1 mi
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Estimated market value
$549,300
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Estimated market value
$549,300
- Minnesota
- Hennepin County
- Brooklyn Center
- 55430
- 1107 57th Ave N
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