$639,950

1107 57th Avenue N, Brooklyn Center, MN 55430

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$639,950

(9,950) 11/26/2025

1107 57th Avenue N Brooklyn Center, MN 55430

For Sale MLS# 6807486

8 beds 4 baths 3,400 sq ft Multi-family

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Data current as of 16/12/2025 11:04:25

Details for 1107 57th Avenue N

MLS# 6807486

Description for 1107 57th Avenue N, Brooklyn Center, MN, 55430


8 hr notice to show. This property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.

Listing Information


Property Type: Multi-family, Four Plex

Status: Active

Bedrooms: 8

Bathrooms: 4

Lot Size: 0.32 Acres

Square Feet: 3,400 sq ft

Year Built: 1963

Foundation: 1,700 sq ft

Garage: Yes

Stories: Split Entry (Bi-Level)

Number Of Units Total: 4

County: Hennepin

Days On Market: 55

Construction Status: Previously Owned

School Information


District: 286 - Brooklyn Center

Additonal Room Information

Laundry: Common Area, Laundry Room, Lower Level

Interior Features


Square Footage above: 1,700 sq ft

Square Footage below: 1,700 sq ft

Basement: Other

Utilities


Water: City Water - In Street, City Water/Connected

Sewer: City Sewer - In Street

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 4

Open Parking: 1

Parking Description: Detached Garage, Driveway - Asphalt, Garage Door Opener, Parking Lot, Paved Lot, Garage Sq Ft - 0.00

Exterior: Stucco

Roof: Age Over 8 Years, Asphalt Shingles

Lot Dimensions: 102x136

Zoning: Residential-Multi-Family

Topography: Level

Fencing: Partial, Chain Link

Additional Exterior/Lot Features: Tree Coverage - Medium, Public Transit (w/in 6 blks), Road Frontage - Sidewalks, County, City

Community Features


Association Amenities: Common Laundry Facility, Security Lights, Coin-op Laundry Leased, Patio

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1300

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 5

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1450

Unit 2 Baths Total: 1

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 5

Unit 3 Units Total: 1

Unit 3 Actual Rent: 1450

Unit 3 Baths Total: 1

Unit 3 Beds Total: 2

Unit 3 Rooms Total: 5

Unit 4 Units Total: 1

Unit 4 Actual Rent: 1600

Unit 4 Baths Total: 1

Unit 4 Beds Total: 2

Unit 4 Rooms Total: 5

Driving Directions


Hwy 100 to Bass Lake Road, East to building

Financial Considerations


Tenant Pays: Broadband,Cable T.V.,Electric,Security

Owner Pays: Gas,Heat,Hot Water,HVAC Maintenance,Maintenance/Repair,Management,See Remarks,Sewer,Snow,Taxes,Trash,Water

Gross Income: 69440

Tax/Property ID: 0111821320018

Tax Amount: 10389

Tax Year: 2025

HomeStead Description: Homesteaded

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 1107 57th Avenue N

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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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