Home › 5531 Maryland Avenue N, Minneapolis, MN 55428 (MLS# 6824795)

5531 Maryland Avenue N, Minneapolis, MN 55428 (MLS# 6824795)

$899,900
5531 Maryland Avenue N
Minneapolis, MN 55428
MLS# 6824795
8 beds  |  4 baths  |  5800 sqft
5531 Maryland Avenue N, Minneapolis, MN 55428
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5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428 5531 Maryland Avenue N, Minneapolis, MN 55428

Property Description
Fantastic opportunity to own a turn-key, fully rented four-plex with great cash flow. Conveniently located in a nice New Hope neighborhood. This property feels more like four townhomes rather than your typical 4-plex making it very desirable for renters. Each renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units. Don't miss this fantastic opportunity for a great income producing investment property!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 899900
Original List Price: 929900
ListPrice: 899900
List Date: 2026-01-19
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1979
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 8
Baths Total: 4
Above Ground SqFt: 2756
Below Grd Total SqFt: 3044
Total SqFt: 5800
Foundation Size: 3044
Style: (MF) Four Plex
Total Finished Sqft: 5536.00
Garage Stalls: 8
Lot Dimensions: 128 x 188
Acres: 0.55
Assessment Pending: No
Location Tax and Other Information
House Number: 5531
Street Name: Maryland
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55428
Complex/Dev/Subdivision: Church View Estates
Assessments
Tax With Assessments: 11668
Building Information
Finished SqFt Above Ground: 2756
Finished SqFt Below Ground: 2780
Income and Expenses
Annual Gross Expenses: 21297
Annual Gross Income: 77940
Annual Insurance Expense: 6930
Annual Maintenance Expense: 1800
Annual Net Income: 56643
Annual Trash Expense: 901
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 19x20 each
Garage Square Feet: 1520
Public Survey Info
Range#: 21
Section#: 05
Township#: 118
Unit 1
Furnished?: No
Leased?: Yes
Level: Multi-Level
Unit Number: 1
Annual Rent: 21600
Finished SqFt: 1694
Full Baths: 1
Monthly Rent: 1650
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Patio; Other
Assumable Loan: Not Assumable
Basement: Full; Single Tenant Access; Storage Space
Construction Materials: Block; Brick; Frame
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Brick/Stone; Stucco
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable
Laundry: Electric Dryer Hookup; Gas Dryer Hookup; Laundry Room; Lower Level; Sink; Washer Hookup
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Garage Door Opener
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Tenant Pays: Broadband; Cable TV; Electricity; Gas; Insurance; Sewer; Telephone; Water
Topography: Level
Unit 1 Amenities: Ceiling Fan(s); Kitchen Window; Natural Woodwork; Patio; Tile Floors; Washer/Dryer Hookup
Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 1 Bath Description: Upper Level Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Eat In Kitchen
Water: City Water/Connected

Listing Office: Keller Williams Premier Realty

Last Updated: May - 27 - 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.

Thursday 28th of May 2026 08:36 AM

218-998-4400

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