For sale

$469,900

Est. $3,377/mo —

•

2,670

sq ft

5347 4th St NE, Fridley, MN 55421

About this home

Turn-key triplex investment opportunity with strong, consistent rental income. Each unit offers a private exterior entrance for added tenant appeal. Unit #2 features 2 beds, 1 bath with in-unit laundry, while Units #1 & #3 1 bed, 1 bath and each unit includes their own washers and dryers in a shared laundry space. Well-maintained property with a roof under 10 years old and solid overall condition. Detached 2-car garage adds value, tenant parking and/or storage. Located in a high-demand rental area near highways, parks, shopping, and dining. Leases in place will transfer with sale. 24-hour notice required for showings. Quick closing available.

Multi-familyProperty Type

1960Year Built

8,712 sq ftLot Size

$176Price/Sq.Ft.

2 car garageParking

Listed by Amy Foss • LaBelle Real Estate Group Inc

Listed by Jake Foss • LaBelle Real Estate Group Inc

Listing updated: Oct 2, 2026 at 02:56pm

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7054412

Payment calculator

$3,377 per month

Principal and interest$2,661

Property taxes

$517

HOA dues

Home insurance

$200

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 5PM TO 7PM
$265,000
2 beds2 baths1,668 sq ft
3738 131st Ln NW, Coon Rapids, MN 55448
OPEN THU, 4:30PM TO 6:30PM
$500,000
3 beds2 baths2,366 sq ft
10800 Oak Knoll Ter N, Minnetonka, MN 55305
OPEN THU, 4:30PM TO 6PM
$374,990
4 beds2 baths2,138 sq ft
2622 Salem Ave, Saint Louis Park, MN 55416
OPEN FRI, 3:30PM TO 5:30PMVIDEO TOUR
$659,000
3 beds4 baths4,193 sq ft
78 Bridgewater Dr, Vadnais Heights, MN 55127
OPEN SAT, 9:30AM TO 11:30AM
$275,000
2 beds2 baths1,579 sq ft
738 Maple Hills Dr Unit J, Maplewood, MN 55117
OPEN SAT, 11AM TO 1PM
$372,900
4 beds2 baths1,489 sq ft
2423 Quincy St NE, Minneapolis, MN 55418
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$335,000
3 beds3 baths1,769 sq ft
11020 Yalta St NE Unit C, Blaine, MN 55449
OPEN SAT, 12PM TO 2PM
$375,000
4 beds2 baths2,086 sq ft
3905 Elliot Ave, Minneapolis, MN 55407
OPEN SAT, 1PM TO 3PM
$525,000
3 beds2 baths2,337 sq ft
2931 Cedar Knoll Ct, Minnetonka, MN 55305
OPEN SUN, 11AM TO 1PM
$299,900
3 beds3 baths1,793 sq ft
11808 Emery Village Dr N, Champlin, MN 55316

Around this home

Schools

K - 12
Preschool & daycare

Stevenson Elementary School

Public PreK-4 • Assigned • 1.1mi

5/10

Fridley Middle School

Public 5-8 • Assigned • 1.1mi

4/10

Fridley Senior High School

Public 9-12 • Assigned • 0.9mi

4/10

Provided by GreatSchools

About Oak

Hills

Oak Hills, located between University Avenue NE and Mississippi River, is a residential and suburban Fridley neighborhood with mid-century ramblers and wooded park edges. The neighborhood’s character concentrates around the University Avenue NE corridor near 61st Avenue NE, where small storefronts, service counters, and everyday errands set a steady, practical rhythm. Community pillars include Banfill-Locke Center for the Arts, Forgotten Star Brewing Co., and the historic Moore Lake Beach. Streets trend quiet with mature trees, while river-adjacent trails and parkland shape weekend routines. Housing reads as postwar, with tidy lots and a low-slung roofline common across blocks.

Provided by Walk Score and Local Logic

Offer insights

5347 4th St NE · $469,900

Strong offer

$470K and above

75% chance or better to win

Why $470K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 9 days.

SALE-TO-LIST

Most homes are selling 0% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Finished basement with storage space and walkout
Ceiling fans in multiple units
Hardwood floors in at least one unit
Kitchen windows

Bedrooms
Total of 4 bedrooms across the property
Main-floor primary bedrooms in two units

Bathrooms
Full bathrooms in each unit (three full baths total)

Kitchen
Ranges and refrigerators included
Exhaust fan/hoods in kitchens

Laundry & utility
In-unit laundry available (washer and dryer in some units)
Shared laundry listed as an association amenity

Flooring
Hardwood floors (in at least one unit)

Heating & cooling
Baseboard heating and boiler with zoned controls
Window cooling units

Sale and tax history for 5347 4th St NE

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7054412

Oct 2, 2026

Price Changed

$469,900

$176/sq ft

Aug 17, 2026

Price Changed

$489,900

$183/sq ft

Apr 17, 2026

Listed

$500,000

$187/sq ft

NORTHSTARMLS as Distributed by MLS Grid #6571664

Jan 31, 2025

Sold

$450,000

$169/sq ft

Jan 6, 2025

Pending

—

Dec 29, 2024

Contingent

—

Dec 20, 2024

Relisted

—

Nov 27, 2024

Pending

—

Nov 27, 2024

Price Changed

$459,900

$172/sq ft

Nov 24, 2024

Contingent

—

Nov 21, 2024

Price Changed

$444,900

$167/sq ft

Nov 8, 2024

Listed

$449,900

$169/sq ft

Oct 23, 2024

Coming Soon

$449,900

$169/sq ft

+45

**THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IS BACK ON THE MARKET!** Due to the Buyers financing falling through at the last minute. ALL NEW ELECTRICAL PANELS INSTALLED IN EACH UNIT AND THE GARAGE! COME CHECK OUT THIS VERY AFFORDABLE OPPORTUNITY. This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements. Make this be your final investment of the year!

Year

Property tax

Land + Additions

Assessment*

2026

$6,200 (+14.3%)

$109,600 + $234,200

$343,800

2025

$5,425 (+10.6%)

$84,000 + $231,400

$315,400

2024

$4,903 (+4.2%)

$89,400 + $225,100

$314,500

2023

$4,707 (−0.2%)

$63,700 + $244,400

$308,100

2022

$4,715 (+7.1%)

$64,600 + $200,300

$264,900

2021

$4,402 (−3.1%)

$57,000 + $187,500

$244,500

2020

$4,542 (+11.0%)

$57,000 + $187,500

$244,500

2019

$4,093 (+7.2%)

2018

$3,818 (+14.3%)

$51,500 + $142,000

$193,500

2017

$3,339 (+8.2%)

$44,800 + $123,300

$168,100

2015

$3,087 (+10.9%)

$43,300 + $114,800

$158,100

2014

$2,785 (−14.5%)

$32,100 + $99,700

$131,800

2013

$3,259

$46,200 + $102,500

$148,700

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

70 ft.

Lot depth

130 ft.

Lot size

8,720 Sq. Ft.

Year renovated

1969

Finished Sq. Ft.

1,500

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,500

Year built

1960

Style

Multi-Family (2-4 Unit)

County

Anoka County

APN

23-30-24-34-0055

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Fridley, MN • 55421

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Fridley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5347 4th St NE

$455,284

$15K under list price of $470K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $495K.

SOLD AUG 31, 2026
$320,000 Last sold price
3 beds2 baths— sq ft
5011 Monroe St NE, Columbia Heights, MN 55421
larger lot
65 years older
no basement
SOLD JUN 12, 2026
$398,000 Last sold price
4 beds2 baths— sq ft
4849 5th St NE, Columbia Heights, MN 55421
2 years newer
no basement
SOLD AUG 6, 2026
$414,900 Last sold price
5 beds3 baths— sq ft
1145 Polk Pl NE, Columbia Heights, MN 55421
larger lot
7 years newer
SOLD JUN 30, 2026
$383,500 Last sold price
4 beds2 baths— sq ft
5271 Buchanan St NE, Fridley, MN 55421
larger lot
6 years newer
no basement
SOLD AUG 10, 2026
$495,000 Last sold price
5 beds3 baths— sq ft
1463 Trollhagen Dr NE, Fridley, MN 55421
larger lot
1 year newer
SOLD JUL 22, 2026
$325,000 Last sold price
3 beds2 baths— sq ft
4943 Washington St NE, Columbia Heights, MN 55421
smaller lot
2 years older

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Early Access listings

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 5347 4th St NE

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5347 4th St NE

Early Access listings

Nearby similar homes

New listings for sale in 55421

More real estate resources