This home's estimate is 117.7% higher than the average sale price ($324K) of 6 comparable homes.
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8113 Bass Lake Rd, New Hope, MN 55428
About this home
***One offer in Highest and best due Wednesday 10-25-2023 by 6 PM*** Welcome to this well-maintained four-unit apartment building, under the dedicated ownership of the same owner for over two decades. All units received comprehensive updates in 2005, ensuring a modern and comfortable living experience. Each of the spacious two-bedroom units offers individual furnace and central A.C. for tenant comfort. A new lease has just been signed with a group home that will be controlling the entire building. All expenses except taxes, Insurance and Capital Improvements will be tenant responsibilities.The property features a roof with modern architectural shingles, energy-efficient vinyl windows, & updated flooring, making it move-in ready. With ample off-street parking, proximity to shopping, parks, and bus line, this property offers an easy-to-manage investment opportunity. Discover the potential of this charming New Hope 4-plex today, with a great group home opportunity.
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Market trends in 55428, MN
Last updated August 2026
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Sale history for 8113 Bass Lake Rd
Tax history for 8113 Bass Lake Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Asphalt, Shared Driveway, Unassigned, Open
Interior
- Virtual Tour
- Basement Information
- Has Basement
- Basement Features: Daylight/Lookout Windows, Finished
- Heating & Cooling
- Heating Information: Forced Air
- Multi-Family Financial Information
- Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
- Insurance Expense: $3,005
- Gross Income: $72,000
- Multi-Unit Information
- # of Units (Total): 4
- Unit Type 1 Information
- Sq. Ft.: 707
- # of Rooms Total: 4
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Microwave, Range
- Parking: 2
- # of Units: 1
- Unit Type 2 Information
- Sq. Ft.: 707
- # of Rooms Total: 4
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Microwave, Range
- Parking: 2
- # of Units: 1
- Unit Type 3 Information
- Sq. Ft.: 707
- # of Rooms Total: 5
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Microwave, Range
- Parking: 2
- # of Units: 1
- Unit Type 4 Information
- Sq. Ft.: 707
- # of Rooms Total: 5
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Microwave, Range
- Parking: 2
- # of Units: 1
Exterior
- Building Information
- Construction Materials: Brick/Stone
- Foundation Area: 1,827
- Roof: Asphalt, Pitched
- Exterior Features
- Patio Porch Type: Deck
- Fencing: None
- Property Information
- Total Sq. Ft.: 3,654
- Above Ground Total Sq. Ft.: 1,827
- Below Ground Total Sq. Ft.: 1,827
- FractionalOwnershipYN: No
- Owner Occupied: No
- Property Type: Residential Income
- Property Sub Type: Apartment
- Above Grade Finished Area: 1,827
- Below Grade Finished Area: 1,827
- Range Num: Four,One Per Unit
- Lot Information
- Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
- Lot Size Area: 0.44
- Lot Size Units: Acres
- Lot Size Dimensions: 80 X 240
- Road Frontage Type: County Road, Paved Streets
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $8,493
- Tax Year: 2023
- Tax With Assessments: $8,493
- Lease / Rent Details
- Rental License Type: Standard
- RentalLicense Y/N: Yes
- Tenant Pays: Electricity, Fuel
- Financial Information
- Conventional
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: 100 Amp Service
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- HOA Information
- Association Amenities: Deck
- School Information
- High School District: Robbinsdale
- School District Number: 281
- School District Phone: 763-504-8000
- Location Information
- Directions: 169 to Bass Lake Road , East to Property on south side of road.
- Map Coordinate: 91-C1
- Topography: Level
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.44 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1960
- Year Renovated: 2005
- County: Hennepin County
- APN: 06 118 21 41 0008
Other
- Home Information
- Living Area: 3654
- Main Level Finished Area: 1827.0000
- Foundation Dimensions: 63 x 29
- Age Of Property: 64
- Levels: Split Entry (Bi-Level)
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 2.6mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 99° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 55427
Home values near 8113 Bass Lake Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $283,271 |
3 Beds | 2 Baths | - Sq. Ft. | $343,917 |
| Address | Redfin Estimate |
|---|---|
32 Beds | 16 Baths | - Sq. Ft. | $659,074 |
3 Beds | 3 Baths | - Sq. Ft. | $352,449 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1665 Sq. Ft. | $321,193 |
2 Beds | 2 Baths | 1424 Sq. Ft. | $285,089 |
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