For Sale: Robbinsdale MLS# 7054532
Active
NEW!
$420,000
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1964
2,766 sqft • 0.21 acres
MLS# 7054532
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Property Description
High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit.
This is an investor-friendly setup with gas, electric, and water all separately metered, keeping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy.
Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$420,000
Price per sq ft:
$152
Property Type:
Multi-family
City:
Robbinsdale
Garage Spaces:
0
County:
Hennepin
Year Built:
1964
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55422
Subdivision Name:
Robbin Terrace Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,766 ft2
Living Area:
2,766 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,008 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Asphalt
Shared Amenities:
- Coin-op Laundry Owned
- Other
- Patio
Road Frontage:
City Street
Roof Details:
Asphalt
Lot & Land
Acres:
0.21
Geolocation:
45.036468, -93.329386
Lot Dimensions:
60 x 151
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1271
District Phone:
7635048000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Broadband, Cable TV, Electricity, Fuel, Trash Collection, Water
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,293
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,293
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Meta Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.