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$449,900 Just Listed

  • For Sale
  • Active
  • Duplex
  • 8 Beds
  • 3 Total Baths
  • 2,518 Sq. Ft.
  • Updated 1 hour ago
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Strong investment opportunity featuring a side-by-side duplex with two 4-bedroom units. Desirable bedroom count for the area supports strong rental demand and potential for longer tenant retention. Property offers over 2,200 finished square feet with separate entrances, private laundry for each unit, and off-street parking. Unit 7385 has recently been updated with a new concrete driveway, fresh paint throughout, and new carpet in the basement. This unit has been intentionally left vacant to allow flexibility for owner-occupants or possible multi-generational living arrangements. Solid opportunity for investors looking to add a cash-flowing duplex with strong long-term rental appeal to their portfolio.

Full Property Details for 7385 University Ave NE

General

  • Price: $449,900
  • Taxes: $5,731 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7016789
  • Updated: 5/26/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: Concrete, Open

Location

  • County: Anoka
  • Township: Fridley
  • Subdivision: Melody Manor
  • Driving Directions: N on 47, E onto 73rd Ave Ne, turn left onto Symphony St/73rd Ave Ne, turns into University E Service Rd.

School Information

  • School District: 16 - Spring Lake Park
  • High School District: Spring Lake Park

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 1664
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,518
  • Above Ground: 1,664 Sq. Ft.
  • Below Ground: 1,664 Sq. Ft.
  • Finished Down/Base.: 3,328 Sq. Ft.
  • Year Built: 1964

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.27
  • Lot Dimensions: 95 x 123 x 96 x 125
  • Frontage: City Street, Curbs, Paved Streets, Storm Sewer
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Operating Expenses: $19,950
  • Tax Amount: $5,731.72
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 24 BLK 5 MELODY MANOR, SUBJ TO EASE OF REC
  • Property ID: 113024240096

Listed by Real Listings

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— 7385 University Ave NE —

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Schools serving 7385 University Ave NE

School District:Spring Lake Park Schools
NameGradesDistance
Park Terrace Elementary School
8301 Terrace Road Northeast, Spring Lake Park, MN 55432
PK-41.1 mi
Westwood Middle School
711 91st Avenue Northeast, Blaine, MN 55434
5-82.5 mi
Centerview Elementary School
10365 Davenport Street Northeast, Blaine, MN 55449
PK-44.3 mi
Spring Lake Park Senior High School
1100 81st Avenue Northeast, Spring Lake Park, MN 55432
9-121.1 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 7385 University Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$449,900
791.42%
MLS
9/03/2020
Sold
$50,470
—
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 7385 University Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,780
9%
$382,100
6%
2025
$5,314
18%
$360,200
11%
2024
$4,493
-29%
$325,800
—
2023
$6,366
49%
$324,900
2%
2022
$4,260
10%
$319,700
19%
2021
$3,877
-5%
$267,600
100%
2020
$4,079
-47%
-100%
2021
$7,666
56%
$239,700
25%
2018
$4,913
-5%
$192,000
14%
2017
$5,193
19%
$168,900
7%
2016
$4,366
-9%
$158,000
-3%
2015
$4,797
7%
$163,600
20%
2014
$4,483
—
$135,800
—
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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7385 University Avenue NE, Fridley, MN 55432 (MLS# 7016789) is a Duplex property with 8 bedrooms and 0 full bathrooms. 7385 University Avenue NE is currently listed for $449,900 and was received on May 20, 2026. Want to learn more about 7385 University Avenue NE? Do you have questions about finding other Duplex 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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