5820 2 1/2 Street NE, Minneapolis, MN 55432

New Listing
$578,650
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 1,680 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $578,650 List Date: 5/12/2026 Last Modified: 5/16/2026

Overview

Description

Great stucco 4 plex in much desired Fridley location. Three 2 bedroom units and 1 one bedroom unit. Asphalt driveway and off street parking. Plenty of room for a garage if buyer wanted to build one. The flooring inside is mostly newer plank flooring. Boiler is just two years old and roof is about 8 years old per the seller. Great opportunity to get into a rental unit and have the tenants pay for it for you.

Listing Details MLS# 7070746

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
1680
Above Ground SqFt
1680
Total SqFt
1680
Foundation Size
3360
Style
(MF) Four Plex
Total Finished Sqft
1680.00
Lot Dimensions
130x80
Acres
0.23
Assessment Pending
Unknown
Below Grd Total SqFt
0
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility Assumable Loan: Not Assumable Basement: Concrete Block; Full Construction Materials: Block; Frame Construction Status: Previously Owned Electric: 60 Amp Service; Fuses Existing Financing: Conventional Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Laundry: Common Area; In Basement Lock Box Type: Combo Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Hot Water; Janitorial Service; Lawn; Maintenance/Repair; Management; Pest Control; Repairs; Roof Maintenance; Sewer; Trash Collection; Water Parking Characteristics: Parking Lot; Paved Lot Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Unit 1 Cooling: Wall Unit 2 Cooling: Wall Unit 3 Cooling: Wall Unit 4 Cooling: Wall Water: City Water/Connected

Contract Information

Contingency
Inspection
Original List Price
578650
ListPrice
578650
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5820
Street Name
2 1/2
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Anoka
State
MN
Zip Code
55432
Complex/Dev/Subdivision
Hyde Park

Assessments

Tax With Assessments
8256
Assessment Balance
0

Basement

Foundation Dimensions
61x28
Concrete Block
Yes
Full
Yes

More Information

Building Information

Finished SqFt Above Ground
1680

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
23
Township#
30

Unit 1

Furnished?
No
Lease Expiration Date
2026-06-30
Leased?
Yes
Unit Number
Yes
Annual Rent
15000
Finished SqFt
800
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2026-06-30
Leased?
Yes
Unit Number
2
Annual Rent
13800
Finished SqFt
650
Full Baths
Yes
Monthly Rent
1150
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
Annual Rent
15600
Finished SqFt
800
Full Baths
Yes
Monthly Rent
1300
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 4

Furnished?
No
Leased?
No
Unit Number
4
Annual Rent
15000
Finished SqFt
800
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOTS 10 & 11 BLK 23 HYDE PARK, SUBJ TO EASE OF REC
Listing City
Fridley
Map Page
78
Municipality
Fridley
School District
Fridley
School District Phone
763-502-5001
Zip Plus 4
4106
Property ID Number
233024230080
Tax Year
2026
Tax Amount
8256
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great stucco 4 plex in much desired Fridley location. Three 2 bedroom units and 1 one bedroom unit. Asphalt driveway and off street parking. Plenty of room for a garage if buyer wanted to build one. The flooring inside is mostly newer plank flooring. Boiler is just two years old and roof is about 8 years old per the seller. Great opportunity to get into a rental unit and have the tenants pay for it for you.
Directions
East to 47 south, right on 61st Ave, 2nd left onto 2 1/2 Street

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Common Laundry Facility
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Electric

60 Amp Service
Yes
Fuses
Yes

Existing Financing

Conventional
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Hot Water
Yes

Laundry

Common Area
Yes
In Basement
Yes

Lock Box Type

Combo
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Gas
Yes
Hot Water
Yes
Janitorial Service
Yes
Lawn
Yes
Maintenance/Repair
Yes
Management
Yes
Pest Control
Yes
Repairs
Yes
Roof Maintenance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes
Paved Lot
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
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

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes

Unit 1 Cooling

Wall
Yes

Unit 2 Cooling

Wall
Yes

Unit 3 Cooling

Wall
Yes

Unit 4 Cooling

Wall
Yes
Listing Office: Counselor Realty
IDX
Last Updated: May - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.