$600,000
5428 5th Street NE Fridley, MN 55421
For Sale MLS# 7082990
7 beds 4 baths 2,873 sq ft Multi-family
Details for 5428 5th Street NE
MLS# 7082990
Description for 5428 5th Street NE, Fridley, MN, 55421
Welcome to this well-positioned 4-unit investment opportunity in Fridley, a community celebrated for its natural beauty and everyday convenience. Nearby Springbrook Nature Center offers 127 acres of wooded boardwalks, wildlife viewing, and environmental education, while commuters will appreciate quick access to the Twin Cities. Residents also enjoy walkability to Jubilee Park and Oak Hill Park, along with nearby shopping, dining, and entertainment just minutes away.The property features four total units, including two 2-bedroom units on the upper level with a mirrored layout, plus one 2-bedroom and one 1-bedroom unit on the lower level. All units share a welcoming front vestibule with a dedicated mail area, along with convenient access to shared laundry and utility space equipped with a GE washer and dryer and utility sink. From this area, residents also have direct access to the back dedicated parking lot and off-street parking.Unit 1 is a lower-level 1-bedroom, 1-bathroom residence offering a bright living room with front yard views and abundant natural light. The open layout flows into the dining area and kitchen, which is equipped with stainless steel appliances. The full bathroom features a tile surround, while the bedroom provides side yard views and dual closets for generous storage.Unit 2 is a spacious lower-level 2-bedroom, 1-bathroom unit filled with natural light from multiple windows throughout, creating a warm and inviting atmosphere. The kitchen features stainless steel appliances and a tile backsplash, opening seamlessly to the dining and living areas for comfortable everyday living and easy entertaining. Both bedrooms are nicely sized with LVP, and the bathroom is conveniently located between them.Units 3 and 4 occupy the upper level and share a mirrored 2-bedroom, 1-bathroom layout. Each unit offers an open-concept design with kitchens that flow into the dining and living areas, creating a functional and comfortable living space. Generous cabinet storage enhances each kitchen, while both bedrooms are well-sized and located near the full bathrooms. All units include direct interior access to the shared laundry and utility area. With four thoughtfully designed units, strong access to parks and natural amenities, and convenient connectivity to the Twin Cities, this Fridley property offers an appealing blend of lifestyle and long-term investment potential. From wooded trails to urban convenience, it delivers the balance today’s renters are actively seeking. Note: annual gross revenue is an estimate based on previous history
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 7
Bathrooms: 4
Lot Size: 0.24 Acres
Square Feet: 2,873 sq ft
Year Built: 1961
Foundation: 1,530 sq ft
Stories: Split Entry (Bi-Level)
Subdivision: Hamiltons Add To Mechanics
Number Of Units Total: 4
County: Anoka
Days On Market: 7
Construction Status: Previously Owned
School Information
District: 14 - Fridley
Additonal Room Information
Laundry: Common Area, Lower Level, Sink
Interior Features
Square Footage above: 1,450 sq ft
Square Footage below: 1,423 sq ft
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Baseboard, Natural Gas
Exterior / Lot Features
Parking Description: Parking Lot, Garage Sq Ft - 0.00
Exterior: Stucco, Brick/Stone
Lot Dimensions: Irregular
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Public Transit (w/in 6 blks), Road Frontage - City
Community Features
Association Amenities: Common Laundry Facility
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 1 Rooms Total: 6
Unit 2 Units Total: 3
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 6
Driving Directions
University Ave NE to 53rd Ave NE to 5th St NE
Financial Considerations
Gross Income: 63600
Tax/Property ID: 233024340014
Tax Amount: 8056.98
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: eXp 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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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 5428 5th Street 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 5428 5th Street NE
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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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