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$795,000 -$50,000 (-5.92%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 0.298 Acres
  • Updated 2 days ago
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Well-maintained 7-unit apartment building in a high-demand Fridley location. All units are one-bedrooms with strong rental demand and consistent occupancy. The property includes several recent upgrades, including new mini-splits, newer windows, on-site office, and individual storage units for tenant convenience.

Full Property Details for 5035 3rd St NE

General

  • Price: $795,000
  • Taxes: $9,400 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6823017
  • Updated: 3/9/2026
  • Added to Site: 101 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Anoka
  • Township: Fridley
  • Subdivision: Carlsons Summit Manor South
  • Driving Directions: Central Ave NE to 52nd Ave NE. East on 52nd Ave NE to 3rd St NE. South to property.

School Information

  • School District: 770 - Columbia Heights
  • High School District: Columbia Heights

Heating & Cooling

  • Cooling Type: Ductless Mini-Split
  • Heating Type: Boiler, Other
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 3072
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1959

Lot Features

  • Lot Size (Acres): 0.298
  • Lot Dimensions: 76 x 157
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $40,029
  • Tax Amount: $9,400
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: CARLSONS SUMMIT MANOR SOUTH ADDN CITY OF FRIDLEY THE NLY 2 FT FRONT & REAR OF LOT 12 & ALL OF LOT 13 BLK 4 CARLSONS SUMMIT MANOR S ADD-SUBJ TO STANDARD OIL CO HIGH PRES- SURE LINE EASE OVER ELY 10 FT (SUBJ TO RT OF ACCESS) (EX PT TAKEN BY ST OF MINN FOR HWY PER FC APPROVED 4/5/68)
  • Inclusions: Building
  • Property ID: 263024230079

Listed by National Realty Guild

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— 5035 3rd St NE —

  • National Realty Guild

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5035 3rd St NE

School District:Columbia Heights Public School District
NameGradesDistance
North Park Elementary School
5575 Fillmore St Ne, Fridley, MN 55432
PK-51.3 mi
Columbia Academy
900 49th Ave Ne, Columbia Heights, MN 55421
6-80.7 mi
Columbia Heights Senior High School
1400 49th Avenue Northeast, Columbia Heights, MN 55421
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5035 3rd St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$795,000
-5.92%
MLS
12/01/2025
Listed
$845,000
28.05%
MLS
6/29/2021
Sold
$659,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5035 3rd St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,265
-51%
$662,000
3%
2024
$8,769
28%
$644,300
2%
2023
$6,858
-7%
$632,100
16%
2022
$7,370
-15%
$543,600
7%
2021
$8,691
-50%
$507,300
-4%
2021
$17,294
175%
$526,800
42%
2018
$6,297
4%
$370,700
9%
2017
$6,050
14%
$339,700
9%
2016
$5,326
10%
$311,520
9%
2015
$4,838
-9%
$285,540
-6%
2014
$5,293
—
$303,960
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by National Realty Guild

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5035 3rd Street NE, Fridley, MN 55421 (MLS# 6823017) is a Commercial property. 5035 3rd Street NE is currently listed for $795,000 and was received on December 01, 2025. Want to learn more about 5035 3rd Street NE? Do you have questions about finding other Commercial real estate for sale in Fridley? You can browse all Fridley real estate or contact a Coldwell Banker agent to request more information.

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