Home › 3825-3827 Oregon Avenue N, New Hope, MN 55427 (MLS# 6776389)

3825-3827 Oregon Avenue N, New Hope, MN 55427 (MLS# 6776389)

$350,000
3825-3827 Oregon Avenue N
New Hope, MN 55427
MLS# 6776389
Status: Closed
8 beds  |  4 baths  |  3198 sqft

Property Description
Investment Opportunity: Duplex in New Hope. Discover the potential of this spacious duplex located at 3825 Oregon Ave. N in New Hope. This property features 4 bedrooms and 2 baths, offering ample space and versatility. While it requires some TLC, it presents a fantastic opportunity for those looking to invest in a property with significant upside potential. Priced below market value, this duplex is being sold as-is, providing a unique chance to add value through renovations and updates. The property is currently on a month-to-month lease, generating rental income. However, the current rent is under market rates, offering the potential for increased revenue with adjustments. This duplex is perfect for investors seeking a property with room for improvement and the opportunity to build equity. Don't miss out on this chance to invest in a property with great potential.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-10-14
Contingency: None
Current Price: 300000
Closed Date: 2025-10-14
Original List Price: 350000
ListPrice: 350000
Sales Close Price: 300000
List Date: 2025-10-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 1614
Above Ground SqFt: 1614
Below Grd Total SqFt: 1584
Total SqFt: 3198
Foundation Size: 1584
Style: (MF) Duplex Side X Side
Total Finished Sqft: 3040.00
Lot Dimensions: 78x147x78x153
Acres: 0.27
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 3825-3827
Street Name: Oregon
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: New Hope
County: Hennepin
State: MN
Zip Code: 55427
Complex/Dev/Subdivision: Gwynnco Add
Assessments
Tax With Assessments: 7332
Building Information
Finished SqFt Above Ground: 1614
Finished SqFt Below Ground: 1426
Income and Expenses
Annual Gross Expenses: 14679.23
Annual Gross Income: 32370
Annual Insurance Expense: 2970.18
Annual Net Income: 14721
Annual Repair Expense: 960
Annual Water/Sewer Expense: 1779.85
Total Annual Expenses: 17649
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 17
Township#: 118
Unit 1
Furnished?: No
Leased?: No
Unit Number: 1
3/4 Baths: 1
Annual Rent: 15720
Finished SqFt: 1505
Full Baths: 1
Monthly Rent: 1310
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 10
Unit 2
Furnished?: No
Lease Expiration Date: 2025-08-31
Leased?: Yes
Unit Number: 2
3/4 Baths: 1
Annual Rent: 16650
Finished SqFt: 1505
Full Baths: 1
Monthly Rent: 1375
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 10
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Concrete Block; Egress Windows; Full
Construction Materials: Block
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Fiber Board
Financing Terms: Cash
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: In Basement
Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Road Frontage: City Street
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k; VA
Sewer: City Sewer - In Street
Stories: One
Tenant Pays: Electricity; Gas
Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Kitchen/Dining Room
Unit 1 Family Room Characteristics: Family Room; Great Room; Lower Level; Main Level
Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Kitchen/Dining Room
Unit 2 Family Room Characteristics: Entertainment/Media Cntr; Family Room; Lower Level; Main Level
Water: City Water - In Street

Listing Office: Edina Realty, Inc.

Last Updated: October - 15 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of October 2026 02:03 PM

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