5370 5th Street NE, Fridley, MN 55421

$515,000
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 2,750 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $515,000 List Date: 2/27/2026 Last Modified: 4/08/2026

Overview

Description

Check out this well-maintained triplex in the Fridley area, featuring a low-maintenance exterior. It's an ideal opportunity for new investors, owner-occupants, or first-time buyers. All units are currently rented and boast a strong rental history, ensuring positive cash flow. With separate meters for gas and electric, this property stands out as a smart investment for both today and the future.

Listing Details MLS# 7027674

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1961
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1350
Above Ground SqFt
1350
Below Grd Total SqFt
1400
Total SqFt
2750
Foundation Size
1670
Style
(MF) Other
Total Finished Sqft
2727.00
Lot Dimensions
50x130
Acres
0.16
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Basement: Concrete Block; Egress Windows; Full Construction Status: Previously Owned Exterior: Brick/Stone; Stucco Fencing: Partial; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Lot Description: Public Transit (w/in 6 blks) Owner Pays: Insurance; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection Parking Characteristics: Unassigned Pool Description: None Road Frontage: City Street Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Shared Rooms: Other Stories: One Tenant Pays: Cable TV; Electricity; Fuel Unit 1 Amenities: Kitchen Window; Natural Woodwork; Tile Floors; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 1 Dining Room Description: Kitchen/Dining Room Unit 1 Special Search: All Living Fac. on One Level Unit 2 Amenities: Kitchen Window; Natural Woodwork; Washer/Dryer Hookup Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Wall Unit 2 Dining Room Description: Kitchen/Dining Room Unit 3 Amenities: Kitchen Window; Natural Woodwork; Washer/Dryer Hookup Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Bath Description: 1/2 Basement; Main Floor Full Bath Unit 3 Cooling: Wall Unit 3 Dining Room Description: Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
530000
ListPrice
515000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5370
Street Name
5th
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Fridley
County
Anoka
State
MN
Zip Code
55421

Building Information

Finished SqFt Above Ground
1670
Finished SqFt Below Ground
1057

Green Verification

Green Certified Status
Pending

More Information

Income and Expenses

Annual Gross Income
42900
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
14100
Finished SqFt
800
Full Baths
Yes
Monthly Expense
60
Monthly Rent
1175
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
14400
Finished SqFt
835
Full Baths
Yes
Monthly Expense
60
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Leased?
Yes
Unit Number
3
1/2 Baths
Yes
Annual Rent
14400
Finished SqFt
1100
Full Baths
Yes
Monthly Expense
60
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
7

Unit Details

Total Units
3

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
HAMILTONS ADDITION TO MECHANICSVILLE CITY OF FRIDLEY LOT 3-EX N 10 FT- & N 1/2 OF LOT 4 BLK 14 HAMILTONS ADD TO MECHANICSVILLE
Listing City
Fridley
Map Page
92
Municipality
Fridley
School District
Fridley
School District Phone
763-502-5001
Country
US
Property ID Number
233024340040
Tax Year
2026
Tax Amount
6396
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Check out this well-maintained triplex in the Fridley area, featuring a low-maintenance exterior. It's an ideal opportunity for new investors, owner-occupants, or first-time buyers. All units are currently rented and boast a strong rental history, ensuring positive cash flow. With separate meters for gas and electric, this property stands out as a smart investment for both today and the future.
Directions
694 to University S to 53rd N to homes. No sign on property.

Accessible

None
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Basement

Concrete Block
Yes
Egress Windows
Yes
Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fencing

Partial
Yes
Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Hot Water
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes

Owner Pays

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

Parking Characteristics

Unassigned
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Other
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Fuel
Yes

Unit 1 Amenities

Kitchen Window
Yes
Natural Woodwork
Yes
Tile Floors
Yes
Washer/Dryer Hookup
Yes

Unit 1 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Wall
Yes

Unit 1 Dining Room Description

Kitchen/Dining Room
Yes

Unit 1 Special Search

All Living Fac. on One Level
Yes

Unit 2 Amenities

Kitchen Window
Yes
Natural Woodwork
Yes
Washer/Dryer Hookup
Yes

Unit 2 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Wall
Yes

Unit 2 Dining Room Description

Kitchen/Dining Room
Yes

Unit 3 Amenities

Kitchen Window
Yes
Natural Woodwork
Yes
Washer/Dryer Hookup
Yes

Unit 3 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 3 Bath Description

1/2 Basement
Yes
Main Floor Full Bath
Yes

Unit 3 Cooling

Wall
Yes

Unit 3 Dining Room Description

Kitchen/Dining Room
Yes
Listing Office: Home-Mart Realty
IDX
Last Updated: April - 08 - 2026
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