4565 Toledo Avenue N
Robbinsdale, MN, 55422 $ 625,000
Bedrooms9 Baths5.1 Sq 4,851 Monthly Estimate*
$ 4,317
for $625,000 with 9 bedrooms and 5 full baths, 1 half bath. This 4,851 square foot home was built in 1981 on a lot size of 0.5.
A truly unique opportunity offering exceptional space, flexibility, and income potential! The main home features 7 bedrooms and 5 baths, plus a legally permitted and separately zoned 2-bedroom, 1-bath apartment above the garage with its own address and separately metered utilities. Previously leased for years and now vacant, the apartment offers tremendous flexibility for rental income, extended family, a private office, or studio. Inside the main home, you'll find an impressive combination of formal and casual living spaces, including a family room with a striking wood-burning fireplace surrounded by genuine amethyst, formal living and dining rooms, a den, and a dedicated amusement room. Oak hardwood floors extend through the family room, den, kitchen, and dining room, while the spacious kitchen features solid oak cabinetry, a pantry, and included appliances. The private primary suite includes a ¾ bath, walk-in closet, and its own second-story deck. A separate lower-level guest suite with full bath provides another great option for extended family or long-term guests, and the lower level even includes a soundproof recording booth. Additional highlights include main-level laundry, hydronic baseboard heat, central air, a whole-home standby generator, and a heated and insulated 3-car garage. Outside, enjoy two decks, a circular paved backyard fire pit, and a raised fireplace on the apartment patio. Fantastic location within walking distance of Welcome Park, approximately ½ mile from downtown Robbinsdale's shops and restaurants, and less than ½ mile from the Crystal Lake and Twin Lakes Regional Bike Trails with paved connections to Crystal Lake and the Minneapolis Grand Rounds. A rare property offering incredible versatility in a convenient Robbinsdale location!
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FeaturesGeneralLiving Area 4851
Sewer City Sewer/Connected
Heating Baseboard Boiler Forced Air
Roof Age 8 Years or Less Architectural Shingle
Garage Spaces 3
Construction Materials Block
Year Built 1981
Electric Circuit Breakers
Tenant Pays All Utilities
Levels Four or More Level Split
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 12000
Accessibility None
County Hennepin
Net Operating Income 10800
Operating Expense 1200
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name North Lilac Terrace
Directions 42ND AVE N THEN NORTH ON TOLEDO TO 4567
City Robbinsdale
High School District Robbinsdale
Zoning Description Residential-Multi-Family Residential-Single Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6850
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=T2JVTRRB45v&mls=1
Standard Status Active
Lender Owned No
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InteriorBasement Finished Full Walkout
Basement (Y/N) Y
Above Grade Finished Area 3233
Total Bedrooms 9
Below Grade Finished Area 1618
Total Baths 6
Fuel Natural Gas
Garage Dimensions 30 x 23
Garage Square Feet 660
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ExteriorParking Features Concrete Tuckunder Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.5
Building Area Total 5613
Lot Dimensions 59 x 391
Waterfront Y/N N
Foundation Area 2378
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesList Bybhoffman.hope@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,317
- Monthly Property Taxes
- $571
- 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.
Learn more about how to save NearbyMulti-family listings in Robbinsdale, MN
Average List Price $500,000
Percent of Sale Price 20%
About Robbinsdale, MN 14,459 Population
2% Since 2002
$ 62,078 Median Income
39.14 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
709307 Elementary School
708874 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/7/2026 | $625,000 | | Listed Price |