2081 Hillview Road, Mounds View, MN 55112

$899,900
Property Type: Commercial Lot Size (sq. ft.): 16,553 Status: Pending
Current Price: $899,900 List Date: 2/26/2026 Last Modified: 5/16/2026

Overview

Description

Easy property to manage. Everything has been updated making this a turn key, beautifully remodeled 6 unit apartment building. Fully remodeled building with 5- 2bedroom units and 1 large 1 bedroom unit. 6 garage stalls and 6 outside parking spaces. Stainless steel kitchens, granite counter tops, white cabinets, updated bathrooms, LVP flooring, new AC units in each unit, boiler has been certified. This is ready to go. Serious inquiries only with pre-approval or proof of funds.

Listing Details MLS# 7022472

General Property Information

Lot Measurement
Acres
Management Company Name
Oracle
Multiple PIDs?
No
Other Parking Spaces
6
Owner Occupied
No
Waterfront Present
No
Year Built
1964
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
1156
Garage Stalls
6
For Sale or Lease
For Sale
Acres
0.38
Lot Dimensions
102x159x102x160
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Unit: Kitchen Window; Main Floor Primary Bedroom Appliances: Range; Refrigerator Assumable Loan: Yes w/ Qualifying Basement: Egress Windows; Full CMU Style: Apartments/Multi Family Construction Materials: Brick; Frame Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone; Stucco Fencing: None Flooring: Carpet; Engineered Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Boiler Internet Options: Cable; DSL; Fiber Optic Loan Terms: Cash; Conventional Location Description: Free Standing Lot Description: Tree Coverage - Light On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Owner Pays: Electricity; Insurance; Maintenance/Repair; Snow Removal; Taxes; Trash Collection Parking Characteristics: Parking Lot Pool Description: None Road Frontage: City Street; Curbs Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer - In Street Stories: Two Tenant Pays: Cable TV; Electricity; Gas Water: City Water - In Street

Contract Information

Off Market Date
2026-04-09
Contingency
None
ListPrice
899900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
2081
Street Name
Hillview
Street Suffix
Road
Postal City
Mounds View
County
Ramsey
State
MN
Zip Code
55112
Complex/Dev/Subdivision
Section 5 Town 30 Range 23

Assessments

Tax With Assessments
11818
Assessment Balance
0

Building Information

Building Finished SqFt
4756
Building SqFt
4756
Ceiling Height
8-10

More Information

Income and Expenses

Annual Caretaker Expense
400
Annual Electric Expense
2613
Annual Fuel Expense
364
Annual Gross Expenses
42575
Annual Gross Income
105457
Annual Insurance Expense
7730
Annual Maintenance Expense
517
Annual Net Income
62882
Annual Repair Expense
8565
Annual Trash Expense
1502
Annual Water/Sewer Expense
1878
Total Annual Expenses
42575

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
05
Township#
30

Sale Options

Sale Includes
Building, Land, Leases, Rental License

Unit 1

No. of 1 Bedroom Units
Yes

Unit 2

No. of 2 Bedroom Units
5

Unit Details

Total Units
6

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
SECTION 5 TOWN 30 RANGE 23 SUBJ TO RD THE W 103 FT OF E 517 FT OF S 193 FT OF NE 1/4 OF SE 1/4 OF SEC 5 TN 30 RN 23
Listing City
Mounds View
Map Page
79
Municipality
Mounds View
School District
Mounds View
School District Phone
651-621-6001
Zip Plus 4
2617
Property ID Number
053023410005
Tax Year
2025
Tax Amount
11818
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Easy property to manage. Everything has been updated making this a turn key, beautifully remodeled 6 unit apartment building. Fully remodeled building with 5- 2bedroom units and 1 large 1 bedroom unit. 6 garage stalls and 6 outside parking spaces. Stainless steel kitchens, granite counter tops, white cabinets, updated bathrooms, LVP flooring, new AC units in each unit, boiler has been certified. This is ready to go. Serious inquiries only with pre-approval or proof of funds.
Directions
35w to County road I,

Accessible

None
Yes

Air Conditioning

Wall Unit(s)
Yes

Amenities Unit

Kitchen Window
Yes
Main Floor Primary Bedroom
Yes

Appliances

Range
Yes
Refrigerator
Yes

Assumable Loan

Yes w/ Qualifying
Yes

Basement

Egress Windows
Yes
Full
Yes

Construction Materials

Brick
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Engineered Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Boiler
Yes

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes

Lot Description

Tree Coverage - Light
Yes

Owner Pays

Electricity
Yes
Insurance
Yes
Maintenance/Repair
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes

Parking Characteristics

Parking Lot
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sewer

City Sewer - In Street
Yes

Stories

Two
Yes

Water

City Water - In Street
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Common
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Free Standing
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: May - 16 - 2026
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