$420,000
3829 Lake Drive Avenue N Robbinsdale, MN 55422
For Sale MLS# 7054532
6 beds 2 baths 2,766 sq ft Multi-family
Details for 3829 Lake Drive Avenue N
MLS# 7054532
Description for 3829 Lake Drive Avenue N, Robbinsdale, MN, 55422
High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit.This is an investor-friendly setup with gas, electric, and water all separately metered, keeping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy.Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 6
Bathrooms: 2
Lot Size: 0.21 Acres
Square Feet: 2,766 sq ft
Year Built: 1964
Foundation: 1,008 sq ft
Stories: 2 Stories
Subdivision: Robbin Terrace Add
Number Of Units Total: 2
County: Hennepin
Days On Market: 53
Construction Status: Previously Owned
School Information
District: 281 - Robbinsdale
Interior Features
Square Footage above: 2,016 sq ft
Square Footage below: 750 sq ft
Basement: Egress Windows, Finished (Livable), Full, Daylight/Lookout Windows
Utilities
Water: City Water - In Street
Sewer: City Sewer/Connected
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Open Parking: 4
Parking Description: Driveway - Asphalt, Garage Sq Ft - 0.00
Exterior: Brick/Stone, Stucco
Roof: Asphalt Shingles
Lot Dimensions: 60x151
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City
Community Features
Association Amenities: Other, Patio, Coin-op Laundry Owned
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1600
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 1 Rooms Total: 6
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1600
Unit 2 Baths Total: 1
Unit 2 Beds Total: 3
Unit 2 Rooms Total: 6
Driving Directions
Hwy 100 to 42nd St. East on 42nd, follow 42nd past Bottineau Blvd (Co Rd 81), 42nd then turns into Lake Dr Ave N. Stay on Lake Dr Ave to home.
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric,Fuel,Trash,Water
Owner Pays: Insurance,Taxes
Tax/Property ID: 1511821120029
Tax Amount: 7293
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Meta Realty
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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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 3829 Lake Drive Avenue N
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 3829 Lake Drive 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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