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$1,200,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 10,500 Sq. Ft.
  • 0.418 Acres
  • Updated 52 minutes ago
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Great 12 unit building in Fridley. six 1 bedroom apartments and six 2 bedroom apartments. Very large apartments. Each apartment has its own furnace and tenant pays their own heat. Fully occupied. Solid building. 1/2 block to Mississippi river.

Full Property Details for 5950 E River Rd

General

  • Price: $1,200,000
  • Taxes: $20,409 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7081118
  • Updated: Today (5/27/2026)
  • Added to Site: Today

Parking

  • Parking Features: Parking Lot

Location

  • County: Anoka
  • Township: Fridley
  • Subdivision: East River Estates
  • Driving Directions: I694 to East River Road. North to property.

School Information

  • School District: 14 - Fridley
  • High School District: Fridley

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Common

Structural Information

  • Basement: Yes
  • Foundation Size: 3500
  • Disability Access: None
  • Square Feet: 10,500
  • Finished Down/Base.: 10,500 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 0.418
  • Lot Dimensions: 128 x 143
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $58,417
  • Tax Amount: $20,409
  • Tax Year: 2026
  • Tenant Pays: Cable TV, Electricity, Heat
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Heat: Tenant Pays

Disclosures and Reports

  • Legal Description: LOTS 1A & 1B BLK 1 EAST RIVER ESTATES, SUBJ TO EASE OF REC
  • Inclusions: Building, Leases, Rental License
  • Property ID: 223024120003

Listed by Peritus Real Estate

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— 5950 E River Rd —

  • Peritus Real Estate

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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 5950 E River Rd

School District:Fridley Public Schools
NameGradesDistance
Stevenson Elementary School
6080 East River Road, Fridley, MN 55432
K-40.2 mi
Fridley Middle School
6100 West Moore Lake Drive Northeast, Fridley, MN 55432
5-81.1 mi
Fridley Senior High School
6000 West Moore Lake Drive Northeast, Fridley, MN 55432
9-121 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 5950 E River Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Listed
$1,200,000
37.14%
MLS
9/11/2018
Sold
$875,000
—
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 5950 E River Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$20,409
10%
$1,099,800
6%
2025
$18,496
8%
$1,034,700
-4%
2024
$17,098
7%
$1,074,100
-2%
2023
$16,021
—
$1,095,300
14%
2022
$16,020
-2%
$962,300
7%
2021
$16,284
2%
$898,600
100%
2020
$15,896
-2%
-100%
2021
$16,198
-4%
$908,700
39%
2018
$16,805
34%
$655,200
9%
2017
$12,543
1%
$599,800
5%
2016
$12,424
13%
$572,700
9%
2015
$10,962
-10%
$525,000
-3%
2014
$12,131
—
$540,800
—
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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5950 E River Road, Fridley, MN 55432 (MLS# 7081118) is a Commercial property. 5950 E River Road is currently listed for $1,200,000 and was received on May 27, 2026. Want to learn more about 5950 E River Road? 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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