Strong investment opportunity featuring a side-by-side duplex with two 4-bedroom units. Desirable bedroom count for the area supports strong rental demand and potential for longer tenant retention. Property offers over 2,200 finished square feet with separate entrances, private laundry for each unit, and off-street parking.
Unit 7385 has recently been updated with a new concrete driveway, fresh paint throughout, and new carpet in the basement. This unit has been intentionally left vacant to allow flexibility for owner-occupants or possible multi-generational living arrangements.
Solid opportunity for investors looking to add a cash-flowing duplex with strong long-term rental appeal to their portfolio.
Closed
$449,900
7385 University Ave NE, Fridley, MN 55432
8beds
3baths
2,518sqft
Duplex Side by Side
Built in 1964
-- sqft lot
$-- Zestimate®
$179/sqft
$2,721 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,721/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Cory Pflipsen 612-688-6043,
Real Listings
Bought with:
Jennifer Fairbanks
Fish MLS Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7016789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Block
Interior area
- Total structure area: 3,328
- Total interior livable area: 2,518 sqft
- Finished area above ground: 1,664
- Finished area below ground: 854
Property
Parking
- Parking features: Concrete, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Pool features: None
Lot
- Size: 0.27 Acres
- Dimensions: 95 x 123 x 96 x 125
- Features: Tree Coverage - Light
Details
- Foundation area: 1664
- Parcel number: 113024240096
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Fridley
- Subdivision: Melody Manor
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $449,900$179/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7016789 Report a problem | ||
| 6/8/2026 | Pending sale | $449,900$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7016789 Report a problem | ||
| 5/26/2026 | Listed for sale | $449,900+27.3%$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7016789 Report a problem | ||
| 9/9/2025 | Listing removed | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Listed for rent | $1,895+5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/1/2024 | Listing removed | $1,795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Price change | $1,795-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/17/2024 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2024 | Listing removed | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2024 | Price change | $1,895-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/5/2023 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2020 | Sold | $353,500-4.4%$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5500697 Report a problem | ||
| 8/11/2020 | Listed for sale | $369,900$147/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 8/3/2020 | Pending sale | $369,900$147/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 5/21/2020 | Price change | $369,900-1.3%$147/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 5/14/2020 | Price change | $374,900-3.8%$149/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 4/29/2020 | Price change | $389,900-1.3%$155/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 4/20/2020 | Price change | $394,900-1.3%$157/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 3/7/2020 | Listed for sale | $399,900+90.4%$159/sqft |
Source: RE/MAX Results #5500697 Report a problem | ||
| 4/10/2019 | Sold | $210,000+5%$83/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5142222 Report a problem | ||
| 1/25/2019 | Listed for sale | $200,000-2.4%$79/sqft |
Source: Realty Group, Inc. #5142222 Report a problem | ||
| 10/30/2018 | Listing removed | $205,000+138.1%$81/sqft |
Source: Realty Group, Inc. #5008980 Report a problem | ||
| 7/15/2002 | Sold | $86,110-12%$34/sqft |
Source: Public Record Report a problem | ||
| 2/6/1998 | Sold | $97,900$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,314 +18.3% | $360,200 +10.6% |
| 2024 | $4,493 -29.4% | $325,800 +0.3% |
| 2023 | $6,366 -46% | $324,900 +1.6% |
| 2022 | $11,782 +53.7% | $319,700 +19.5% |
| 2021 | $7,666 +87.9% | $267,600 +10.4% |
| 2019 | $4,079 +7.7% | $242,500 +10.8% |
| 2018 | $3,789 -22.9% | $218,800 +14% |
| 2017 | $4,913 -5.4% | $192,000 +21.5% |
| 2016 | $5,193 +18.9% | $158,000 |
| 2015 | $4,366 -9% | $158,000 +16.3% |
| 2014 | $4,797 +2.3% | $135,800 |
| 2013 | $4,689 -5.1% | -- |
| 2012 | $4,943 -18.1% | -- |
| 2011 | $6,040 -35.8% | -- |
| 2010 | $9,402 +82% | -- |
| 2008 | $5,167 +89.6% | -- |
| 2007 | $2,724 -8.7% | -- |
| 2006 | $2,985 +18.3% | -- |
| 2005 | $2,523 +40.4% | -- |
| 2004 | $1,797 -16.5% | -- |
| 2003 | $2,152 +1.5% | -- |
| 2002 | $2,121 +50.4% | -- |
| 2001 | $1,410 | -- |
Find assessor info on the county website
Neighborhood: Melody Manor
Nearby schools
GreatSchools rating
- 2/10Park Terrace Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 5/10Westwood Middle SchoolGrades: 5-8Distance: 2.5 mi
- 5/10Spring Lake Park Senior High SchoolGrades: 9-12Distance: 1.1 mi
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- Minnesota
- Anoka County
- Fridley
- 55432
- Melody Manor
- 7385 University Ave NE
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