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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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1200 Norton Ave NE , Fridley, MN 55432
$715,000
Est. Payment: $3,574.52/mo
10 Bed
5 Bath
5000 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Updated 5-Unit Multifamily Investment Property in Fridley 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.

Highlights

Listed by Frank M D'Angelo , 612-281-1033 Exit Realty Nexus , 763-548-1400. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.52

Year Built

1918

County

Anoka

Neighborhood

Auditors Sub 89

School District

Spring Lake Park

Listing ID

7098679

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:5
  • Full Bathrooms:
Appliances:Dishwasher, Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Basement:Egress Window(s),Finished,Full,Walkout
Other:Deck,Kitchen Window,Natural Woodwork
Other:City Water - In Street

Exterior Features

Lot:Wood
Lot Dimensions:124x27x144x134x170
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected,City Sewer - In Street
Parking Features:Assigned,Attached Garage,Detached Garage,Asphalt,Tuckunder Garage
Principal Interest
$3,575
Taxes
$830

Home Price

$715,000

Loan Details

30 yrs
6.391%

Down Payment

20%
$143,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,574.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,574.52 $830.00 $0.00 $4,404.52
Yearly $42,894.28 $9,960.00 $0.00 $52,854.28
Total $1,286,828.54 $298,800.00 $0.00 $1,585,628.54
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Fridley, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-07-23T00:16:07.000Z

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