Date
Details
Price
Change
Source
1/19/2026
Listed
$929,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$929,900 Coming Soon
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Property Description
Fantastic opportunity to own a turn-key, fully rented four-plex conveniently located in New Hope. Renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard. Each patio is shared by two units.
Full Property Details
Full Property Details for 5531 Maryland Ave N
General
- Price: $929,900
- Taxes: $11,668 (2025)
- Status: Coming Soon
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6824795
- Updated: Today (1/19/2026)
- Added to Site: Today
- Expected Market Date: 1/23/2026
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
Additional Information
- Shared Amenities: Other, Patio
Exterior
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 19 x 20
- Garage Spaces: 8
- Parking Features: Attached Garage, Asphalt, Garage Door Opener
Location
- County: Hennepin
- Township: New Hope
- Subdivision: Church View Estates
- Driving Directions: Bass Lake Road to Maryland Avenue, South on Maryland Avenue to home.
School Information
- School District: 1271 - Robbinsdale
- High School District: Robbinsdale
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Brick, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Finished, Full, Single Tenant Access, Storage Space, Walk-Out
- Foundation Size: 3044
- Roof: Age Over 8 Years, Asphalt
- Disability Access: None
- Square Feet: 5,536
- Above Ground: 2,756 Sq. Ft.
- Below Ground: 3,044 Sq. Ft.
- Year Built: 1979
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.55
- Lot Dimensions: 128 x 188
- Frontage: City Street, Curbs, Paved Streets
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage
Financial Considerations
- Operating Expenses: $21,297
- Tax Amount: $11,668
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Roof Maintenance, Snow Removal, Taxes, Trash Collection
- Tenant Pays: Broadband, Cable TV, Electricity, Gas, Insurance, Telephone, Sewer, Water
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Gas: Tenant Pays
- Pays Trash: Owner Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: LOT 002 BLOCK 001 CHURCH VIEW ESTATES
- Property ID: 511821340076
Listed by Keller Williams Premier Realty
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— 5531 Maryland Ave N —
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NMLS#: 1598647
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Schools
Schools serving 5531 Maryland Ave N
School District:Robbinsdale Area School District
| Name | Grades | Distance |
|---|---|---|
Meadow Lake Elementary School 8525 62nd Avenue North, New Hope, MN 55428 | K-5 | 1.2 mi |
Plymouth Middle School 10011 36th Ave N, Plymouth, MN 55441 | 6-8 | 2.8 mi |
Robbinsdale Cooper Senior High School 8230 47th Avenue North, New Hope, MN 55428 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5531 Maryland Ave N
Tax History
Tax History for 5531 Maryland Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,668
6%
$616,000
—
2023
$11,043
4%
$616,000
3%
2023
$10,616
—
$600,000
17%
2023
$10,616
22%
$515,000
20%
2020
$8,709
2%
$430,000
8%
2019
$8,500
10%
$400,000
4%
2018
$7,735
9%
$384,000
11%
2017
$7,124
2%
$345,000
5%
2016
$6,969
13%
$330,000
13%
2015
$6,148
-5%
$292,000
—
2014
$6,501
2%
$292,000
—
2013
$6,371
—
$292,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5531 Maryland Ave N
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- Commercial
- Closed
- 3,200Sq. Ft.
- 0.41Acres
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5531 Maryland Avenue N, New Hope, MN 55428 (MLS# 6824795) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 5531 Maryland Avenue N is currently listed for $929,900 and was received on January 19, 2026. Want to learn more about 5531 Maryland Avenue N? Do you have questions about finding other Multi-Family real estate for sale in New Hope? You can browse all New Hope real estate or contact a Coldwell Banker agent to request more information.