$715,000
1200 Norton Avenue NE Fridley, MN 55432
For Sale MLS# 7098679
5,000 sq ft Commercial
Details for 1200 Norton Avenue NE
MLS# 7098679
Description for 1200 Norton Avenue NE, Fridley, MN, 55432
Updated 5-Unit Multifamily Investment Property in FridleyExcellent opportunity to acquire a well-maintained and updated 5-unit residential rental property in Fridley featuring all 2-bedroom, 1-bathroom apartment homes. Each unit has been thoughtfully updated with modern kitchens and bathrooms, creating strong tenant appeal and a clean, move-in-ready rental experience.The property offers a practical unit mix with five spacious 2-bedroom apartments, six garage stalls, and multiple designated off-street parking spaces. These features provide added convenience for residents and valuable income-supporting amenities for ownership. All units have existing leases, some are month-month.Located at 1200 Norton Avenue NE in Fridley, this multifamily asset offers convenient access to major roadways, employment centers, shopping, dining, parks, and everyday services throughout the north metro. With updated interiors, garage parking, designated parking, and a desirable all-2-bedroom configuration, this property is well-positioned for an investor seeking a stabilized residential rental asset with long-term income potential.A strong addition to an investment portfolio, this 5-unit property combines updated residential living spaces, functional parking, and a location within the established Fridley rental market.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 10
Bathrooms: 5
Lot Size: 0.52 Acres
Square Feet: 5,000 sq ft
Year Built: 1918
Foundation: 1,176 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Auditors Sub 89
Number Of Units Total: 5
Current Use: Residential
County: Anoka
Days On Market: 12
Construction Status: Previously Owned
School Information
District: 16 - Spring Lake Park
Interior Features
Appliances: Range, Refrigerator, Dishwasher
Basement: Egress Windows, Finished (Livable), Full, Walkout
Additional Interior Features: Kitchen Window, Natural Woodwork
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street, City Sewer/Connected
Other Utilities: Electric Separate
Cooling: Window
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 6
Open Parking: 12
Parking Description: Driveway - Asphalt, Assigned, Attached Garage, Detached Garage, Tuckunder Garage, Garage Door Height - 7, Garage Door Width - 8, Garage Sq Ft - 1400.
Exterior: Stucco
Lot Dimensions: 124x27x144x134x170
Zoning: Residential-Multi-Family
Fencing: Wood
Additional Exterior/Lot Features: Deck, Land Inclusions - Leases, Road Frontage - Paved Streets, City, Cul De Sac
Community Features
Community Features: Guest Suite
Driving Directions
Old Hwy 65 to Norton Ave Go West Property On South Side or Road
Financial Considerations
Tenant Pays: All Utilities
Gross Income: 88800
Expense: 5760
Tax/Property ID: 123024310026
Tax Amount: 9960
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1200 Norton Avenue NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1200 Norton Avenue NE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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