5347 4th Street NE Minneapolis, MN $ 469,900
5347 4th Street NE
$ 469,900
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5347 4th Street NE

Minneapolis, MN, 55421
$ 469,900
Bedrooms4 Baths3.0 Sq 2,670

Monthly Estimate*

$ 3,245

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Multi-Family Home for sale in Minneapolis, MN

for $469,900 with 4 bedrooms and 3 full baths. This 2,670 square foot home was built in 1960 on a lot size of 0.2.

Turn-key triplex investment opportunity with strong, consistent rental income. Each unit offers a private exterior entrance for added tenant appeal. Unit #2 features 2 beds, 1 bath with in-unit laundry, while Units #1 & #3 1 bed, 1 bath and each unit includes their own washers and dryers in a shared laundry space. Well-maintained property with a roof under 10 years old and solid overall condition. Detached 2-car garage adds value, tenant parking and/or storage. Located in a high-demand rental area near highways, parks, shopping, and dining. Leases in place will transfer with sale. 24-hour notice required for showings. Quick closing available.

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Multi-Family Active

Price

$ 469,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,200

Style

Triplex

Lot Size

0.2

Year Built

1960

Town/City

Minneapolis

County/Region

Anoka

MLS | Web ID

7054412

Features
General
Living Area 2670
Sewer City Sewer/Connected
Heating Baseboard Boiler Zoned
Roof Age 8 Years or Less Asphalt
Garage Spaces 2
Pool Features None
Construction Materials Block Post and Beam Frame
Year Built 1960
Tenant Pays Cable TV Electricity Gas
Levels One
Property Subtype Triplex
Tax Year 2026
Gross Income 49800
Accessibility None
County Anoka
Net Operating Income 29880
Operating Expense 17226
Insurance Expense 4185
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 1899
Subdivision Name Hamiltons Add To Mechanics
Directions HWY 10 TO UNIVERSITY AVE NE GO SOUTH ON UNIVERSITY AVE THEN EAST ON 53RD AVE NE NORTH ON 4TH ST NE TRI-PLEX IS ON THE RIGHT HAND SIDE
City Fridley
High School District Fridley
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6200
Electric Expense 2989
Fuel Expense 2369
Trash Expense 582
Water Sewer Expense 1002
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Finished Partially Finished Storage Space Walkout
Basement (Y/N) Y
Above Grade Finished Area 1550
Laundry Features Lower Level In Unit
Total Bedrooms 4
Below Grade Finished Area 1120
Total Baths 3
Foundation Dimensions 30x50
Fuel Natural Gas
Garage Dimensions 24x24
Garage Square Feet 576
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Exterior
Fencing Chain Link
Parking Features Detached Garage Asphalt Shared Driveway Shared Garage/Stall
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.2
Building Area Total 2670
Lot Dimensions 130x67
Waterfront Y/N N
Foundation Area 1550
Road Frontage Type City Street Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 5347
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* Excluded Features
List By
Labelle Real Estate Group Inc

Broker

amy@amyfoss.com

Email

Affordability Calculator

$3,762
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,245
Monthly Property Taxes
$517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708481 Elementary School
708772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$469,900 -4.08% Price Down
8/17/2026$489,900 -2.02% Price Down
4/17/2026$500,000 Listed Price

Map


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5347 4th Street NE, Minneapolis, MN, 55421 is a Multi-Family Home for sale at $469,900 with 2,670 sqft and a lot size of 0.2. 5347 4th Street NE has 4 bedrooms, 3.0 baths, and was built in 1960. The property's zip code is 55421 which is in Minneapolis, MN