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$865,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 8 Total Beds
  • 8 Car Garage
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Fantastic opportunity to own a turn-key, fully rented four-plex with great cash flow. Conveniently located in a nice New Hope neighborhood. This property feels more like four townhomes rather than your typical 4-plex making it very desirable for renters. Each renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units. Don't miss this fantastic opportunity for a great income producing investment property!

Full Property Details for 5531 Maryland Ave N

General

  • Sold For: $865,000
  • Taxes: $11,668 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6824795
  • Added to Site: 222 day(s) ago

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 19 x 20 each
  • Garage Spaces: 8
  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

School Information

  • School District: 281 - Robbinsdale
  • High School District: Robbinsdale

Heating & Cooling

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

Utilities

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

Financial Considerations

  • 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
Sold by Keller Williams Premier Realty

Listing agent

— 5531 Maryland Ave N —

  • Keller Williams Premier Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5531 Maryland Ave N

School District:Robbinsdale Area School District
NameGradesDistance
Meadow Lake Elementary School
8525 62nd Avenue North, New Hope, MN 55428
K-51.2 mi
Plymouth Middle School
10011 36th Ave N, Plymouth, MN 55441
6-82.8 mi
Robbinsdale Cooper Senior High School
8230 47th Avenue North, New Hope, MN 55428
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 5531 Maryland Ave N

Date
Details
Price
Change
Source
7/31/2026
Sold
$865,000
-3.88%
MLS
3/25/2026
Price Reduced
$899,900
-3.23%
MLS
1/23/2026
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.

Listed by Keller Williams Premier Realty
Sold by Keller Williams Premier Realty

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5531 Maryland Avenue N, New Hope, MN 55428 (MLS# 6824795) is a Multi-Family property that was sold at $865,000 on July 31, 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.