5428 5th Street NE Fridley, MN 55421

$600,000
Active
estimated monthly payment
7 Beds  |  4 Baths  |  2,873 Sq Ft  |  Fourplex  |  MLS # 7082990
  • Welcome to this Fridley fourplex, featuring three thoughtfully designed 2-bedroom units and one 1-bedroom unit, each offering similar, well-planned layouts. The property is complemented by convenient shared laundry and utility space.
    Welcome to this Fridley fourplex, featuring three thoughtfully designed 2-bedroom units and one 1-bedroom unit, each offering similar, well-planned layouts. The property is complemented by convenient shared laundry and utility space.
  • Unit 1 - Spacious living room flooded with natural light.
    Unit 1 - Spacious living room flooded with natural light.
  • Unit 1 - Dining room with easy access to both the kitchen and living room.
    Unit 1 - Dining room with easy access to both the kitchen and living room.
  • Unit 1 - Kitchen featuring stainless steel appliances, including a gas stove.
    Unit 1 - Kitchen featuring stainless steel appliances, including a gas stove.
  • Unit 1 - Full bathroom features tile surround throughout
    Unit 1 - Full bathroom features tile surround throughout
  • Unit 1 - Bedroom featuring dual closets for plentiful storage.
    Unit 1 - Bedroom featuring dual closets for plentiful storage.
  • Unit 2 - Spacious living room flooded with natural light.
    Unit 2 - Spacious living room flooded with natural light.
  • Unit 2 - Kitchen complete with stainless steel appliances featuring a gas stove and tile backsplash.
    Unit 2 - Kitchen complete with stainless steel appliances featuring a gas stove and tile backsplash.
  • Unit 2 - Dining area conveniently connected to both the kitchen and living room.
    Unit 2 - Dining area conveniently connected to both the kitchen and living room.
  • Unit 2 - Full bathroom offering everyday comfort and convenience.
    Unit 2 - Full bathroom offering everyday comfort and convenience.
  • Unit 2 - Primary bedroom with views of both the side and backyard.
    Unit 2 - Primary bedroom with views of both the side and backyard.
  • Unit 2 - Second bedroom featuring side yard views.
    Unit 2 - Second bedroom featuring side yard views.
  • Unit 3 - Living room filled with natural light from large surrounding windows.
    Unit 3 - Living room filled with natural light from large surrounding windows.
  • Unit 3 - Dining area centrally located between the kitchen and main living space.
    Unit 3 - Dining area centrally located between the kitchen and main living space.
  • Unit 3 - Kitchen featuring stainless steel appliances, including a gas stove.
    Unit 3 - Kitchen featuring stainless steel appliances, including a gas stove.
  • Unit 3 - Full bathroom with a clean, functional layout.
    Unit 3 - Full bathroom with a clean, functional layout.
  • Unit 3 - Primary bedroom featuring peaceful backyard and side yard views.
    Unit 3 - Primary bedroom featuring peaceful backyard and side yard views.
  • Unit 3 - Second bedroom featuring side yard views.
    Unit 3 - Second bedroom featuring side yard views.
  • Unit 4 - Living room featuring oversized windows and a bright, open feel.
    Unit 4 - Living room featuring oversized windows and a bright, open feel.
  • Unit 4 - Kitchen with plenty of cabinet storage.
    Unit 4 - Kitchen with plenty of cabinet storage.
  • Unit 4 - Dining space offering a seamless flow between the kitchen and living room.
    Unit 4 - Dining space offering a seamless flow between the kitchen and living room.
  • Unit 4 - Centrally-located full bathroom.
    Unit 4 - Centrally-located full bathroom.
  • Unit 4 - Secondary bedroom featuring peaceful side views.
    Unit 4 - Secondary bedroom featuring peaceful side views.
  • Unit 4 - Primary bedroom with views of both the side and backyard.
    Unit 4 - Primary bedroom with views of both the side and backyard.
  • Direct access to the back alley with convenient off-street parking available.
    Direct access to the back alley with convenient off-street parking available.

About The Listing

Welcome to this well-positioned 4-unit investment opportunity in Fridley, a community celebrated for its natural beauty and everyday convenience. Nearby Springbrook Nature Center offers 127 acres of wooded boardwalks, wildlife viewing, and environmental education, while commuters will appreciate quick access to the Twin Cities. Residents also enjoy walkability to Jubilee Park and Oak Hill Park, along with nearby shopping, dining, and entertainment just minutes away.
The property features four total units, including two 2-bedroom units on the upper level with a mirrored layout, plus one 2-bedroom and one 1-bedroom unit on the lower level. All units share a welcoming front vestibule with a dedicated mail area, along with convenient access to shared laundry and utility space equipped with a GE washer and dryer and utility sink. From this area, residents also have direct access to the back dedicated parking lot and off-street parking.

Unit 1 is a lower-level 1-bedroom, 1-bathroom residence offering a bright living room with front yard views and abundant natural light. The open layout flows into the dining area and kitchen, which is equipped with stainless steel appliances. The full bathroom features a tile surround, while the bedroom provides side yard views and dual closets for generous storage.

Unit 2 is a spacious lower-level 2-bedroom, 1-bathroom unit filled with natural light from multiple windows throughout, creating a warm and inviting atmosphere. The kitchen features stainless steel appliances and a tile backsplash, opening seamlessly to the dining and living areas for comfortable everyday living and easy entertaining. Both bedrooms are nicely sized with LVP, and the bathroom is conveniently located between them.

Units 3 and 4 occupy the upper level and share a mirrored 2-bedroom, 1-bathroom layout. Each unit offers an open-concept design with kitchens that flow into the dining and living areas, creating a functional and comfortable living space. Generous cabinet storage enhances each kitchen, while both bedrooms are well-sized and located near the full bathrooms. All units include direct interior access to the shared laundry and utility area.

With four thoughtfully designed units, strong access to parks and natural amenities, and convenient connectivity to the Twin Cities, this Fridley property offers an appealing blend of lifestyle and long-term investment potential. From wooded trails to urban convenience, it delivers the balance today’s renters are actively seeking. Note: annual gross revenue is an estimate based on previous history


Listing courtesy of Janelle Mattson, eXp Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
Ask a Question
Your message has been sent.
Oops! that doesn't seem right.
SEND
Sign Up for a Free Monthly Market Report
Never miss out on the latest stats trends and homes in your community.
Get It Now

Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1961
MLS #: 7082990
Bedrooms: 7
Square Feet: 2,873
Price Per Square Foot: $209
Garage Spaces: 0
Parking Description: Parking Lot
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard
Basement: None
Foundation Type: Block
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 06/03/2026
List Date: 06/01/2026
Listing Agent ID: 502030579
Listing Office: eXp Realty
Listing Office ID: 26146
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: Common Area, Lower Level, Sink
Exterior Features: Stone, Stucco
Fence: None
Lot Size: 0.239 Acres
Lot Features: Public Transit (w/in 6 blks)
School District: Fridley
Tax Year: 2026
Estimated Taxes: $8,057
Contingency Type: None
City: Fridley
Zip: 55421
County: Anoka
Subdivision: Hamiltons Add To Mechanics
State: MN

Similar Homes

Listing last updated: 06/03/26

® Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Information Deemed Reliable but not guaranteed.