Closed

$390,000

5191 3rd St NE, Fridley, MN 55421

5beds

2baths

2,344sqft

Multi Family

Built in 1979

-- sqft lot

$-- Zestimate^®

$166/sqft

$2,490 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,490/mo

Zestimate^® history

Owner options

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$2,490/mo

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$2,490/mo

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$2,438/mo

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$2,438/mo

Est. payment

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What's special

Updated flooringSpacious patioNewer roofPrivate deck

Fantastic investment opportunity or live in one unit while renting out the other! This cash-flowing duplex is situated in a desirable area and offers separate utilities, a newer roof, water heaters, and driveway. The upper unit (#1) features 3 bedrooms, 1 full bathroom, a 2-car garage, and a private deck overlooking the backyard. The lower unit (#2) includes 2 bedrooms, 1 full bathroom, a spacious patio, and a 1-car garage. Both units boast updated flooring throughout and shared access to washers and dryers. Conveniently located near public transportation, restaurants, highways, shopping, parks, and more.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: Common Area, Laundry Room, Sink

Features

Basement: Egress Window(s),Finished,Full,Walk-Out Access

Interior area

Total structure area: 2,344
Total interior livable area: 2,344 sqft
Finished area above ground: 1,192
Finished area below ground: 1,152

Property

Parking

Total spaces: 3
Parking features: Attached, Asphalt
Attached garage spaces: 3
Details: Garage Dimensions (32x24)

Accessibility

Accessibility features: None

Features

Levels: Multi/Split
Patio & porch: Deck, Patio
Pool features: None
Fencing: Chain Link,Partial,Privacy,Wood

Lot

Size: 0.34 Acres
Dimensions: 114 x 126 x 114 x 128
Features: Near Public Transit

Details

Foundation area: 1152
Parcel number: 263024220009
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block
Roof: Asphalt

Condition

New construction: No
Year built: 1979

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Carlsons Summit Manor Annex 2

HOA

Amenities included: Laundry

Location

Region: Fridley

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $382,200
Annual tax amount: $5,204
Date on market: 10/22/2024
Cumulative days on market: 58 days
Tenant pays: Broadband, Cable TV, Electricity, Gas, Heat

Price history

Date	Event	Price
1/16/2025	Sold	$390,000-2.5%$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #6621179 Report a problem
12/19/2024	Pending sale	$400,000$171/sqft
Source: NorthstarMLS as distributed by MLS GRID #6621179 Report a problem
10/22/2024	Listed for sale	$400,000+234.7%$171/sqft
Source: NorthstarMLS as distributed by MLS GRID #6621179 Report a problem
9/9/1997	Sold	$119,500$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,554 +7.7%	$382,200 +6.1%
2024	$5,155 +2.2%	$360,200 +2.9%
2023	$5,046 +25.9%	$350,000 -7.3%
2022	$4,006 -13.4%	$377,400 +34.8%
2021	$4,629 +1.2%	$279,900 +2%
2019	$4,574 +7.1%	$274,400 +13.1%
2018	$4,269 +11.2%	$242,600 +19.7%
2017	$3,838 +1.2%	$202,600 +10.6%
2016	$3,793 +20.5%	$183,200
2015	$3,149 +5%	$183,200 +23.8%
2014	$2,998 -3.2%	$148,000
2013	$3,098 +1.6%	--
2012	$3,050 +3.1%	--
2011	$2,959 -12.5%	--
2010	$3,380 -1.1%	--
2008	$3,419 +8.3%	--
2007	$3,156 +40.7%	--
2006	$2,242 +29.8%	--
2005	$1,728 +18.9%	--
2004	$1,453 +15.1%	--
2003	$1,263 -6.5%	--
2002	$1,351 -3.2%	--
2001	$1,395	--