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$500,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 4 Beds
  • 3 Total Baths
  • 2,670 Sq. Ft.
  • 2 Car Garage
  • Updated 23 hours ago
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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.

Full Property Details for 5347 4th St NE

General

  • Price: $500,000
  • Taxes: $6,200 (2026)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7054412
  • Updated: 4/18/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Lower Level, In Unit, Lower Level, In Unit

Additional Information

  • Shared Amenities: Laundry

Parking

  • Garage: Yes
  • Garage Description: 24 x 24
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Asphalt, Shared Driveway, Shared Garage/Stall

Location

  • County: Anoka
  • Township: Fridley
  • Subdivision: Hamiltons Add To Mechanics
  • Driving 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

School Information

  • School District: 793 - Fridley
  • High School District: Fridley

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Zoned
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Block, Post and Beam, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Partially Finished, Storage Space, Walk-Out
  • Foundation Size: 1550
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 2,670
  • Above Ground: 1,550 Sq. Ft.
  • Below Ground: 1,120 Sq. Ft.
  • Finished Down/Base.: 2,670 Sq. Ft.
  • Year Built: 1960

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 130 x 67
  • Frontage: City Street, Paved Streets, Sidewalks
  • Lot Description: Light Tree Coverage
  • Fencing (Description): Chain Link

Financial Considerations

  • Operating Expenses: $17,226
  • Tax Amount: $6,200
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: HAMILTONS ADDITION TO MECHANICSVILLE CITY OF FRIDLEY LOT 27-EX N 27 FT THEREOF-ALL OF LOT 26 & N 14 FT OF LOT 25 BLK 14 HAMILTONS ADD TO MECHANICSVILLE
  • Property ID: 233024340055

Listed by LaBelle Real Estate Group Inc

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Listing agents

— 5347 4th St NE —

  • LaBelle Real Estate Group Inc

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Schools serving 5347 4th St NE

School District:Fridley Public Schools
NameGradesDistance
Fridley Middle School
6100 West Moore Lake Drive Northeast, Fridley, MN 55432
5-81.1 mi
Stevenson Elementary School
6080 East River Road, Fridley, MN 55432
K-41.1 mi
Fridley Senior High School
6000 West Moore Lake Drive Northeast, Fridley, MN 55432
9-120.9 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 5347 4th St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$500,000
11.11%
MLS
1/31/2025
Sold
$450,000
—
Public Record
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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 5347 4th St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,750
—
$360,900
5%
2025
$5,750
17%
$343,800
9%
2024
$4,903
4%
$315,400
—
2023
$4,707
1%
$314,500
2%
2022
$4,667
6%
$308,100
16%
2021
$4,402
-3%
$264,900
100%
2020
$4,542
—
-100%
2020
$4,542
19%
$244,500
26%
2018
$3,818
14%
$193,500
15%
2017
$3,339
4%
$168,100
7%
2016
$3,218
4%
$156,600
-1%
2015
$3,087
11%
$158,100
20%
2014
$2,785
—
$131,800
—
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 LaBelle Real Estate Group Inc

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5347 4th Street NE, Fridley, MN 55421 (MLS# 7054412) is a Triplex property with 4 bedrooms and 0 full bathrooms. 5347 4th Street NE is currently listed for $500,000 and was received on April 17, 2026. Want to learn more about 5347 4th Street NE? Do you have questions about finding other Triplex 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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