1200 Norton Avenue Ne, Fridley, MN

$715,000

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10

Beds

5

Baths

0.52

Acres

About 1200 Norton Avenue Ne

Updated 5-Unit Multifamily Investment Property in Fridley Excellent opportunity to acquire a well-maintained and updated 5-unit residential rental property in Fridley featuring all 2-bedroom, 1-bathroom apartment homes. Each unit has been thoughtfully updated with modern kitchens and bathrooms, creating strong tenant appeal and a clean, move-in-ready rental experience. The property offers a practical unit mix with five spacious 2-bedroom apartments, six garage stalls, and multiple designated off-street parking spaces. These features provide added convenience for residents and valuable income-supporting amenities for ownership. All units have existing leases, some are month-month. Located at 1200 Norton Avenue NE in Fridley, this multifamily asset offers convenient access to major roadways, employment centers, shopping, dining, parks, and everyday services throughout the north metro. With updated interiors, garage parking, designated parking, and a desirable all-2-bedroom configuration, this property is well-positioned for an investor seeking a stabilized residential rental asset with long-term income potential. A strong addition to an investment portfolio, this 5-unit property combines updated residential living spaces, functional parking, and a location within the established Fridley rental market.

Features of 1200 Norton Avenue Ne

MLS® # 7098679
Price $715,000
Bedrooms 10
Bathrooms 5.00
Acres 0.52
Year Built 1918
Type Commercial Sale
Status Active

Community Information

Address 1200 Norton Avenue Ne
Subdivision Auditors Sub 89
City Fridley
County Anoka
State MN
Zip Code 55432

Amenities

Utilities Electric Separate
Parking Assigned, Attached Garage, Detached Garage, Asphalt, Tuckunder Garage
# of Garages 6
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Dishwasher, Range, Refrigerator
Heating Forced Air
Cooling Window Unit(s)
Fireplace No

Exterior

Exterior Features Stucco
Construction Frame

School Information

District Spring Lake Park

Additional Information

Days on Market 77
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $9,960

Listing Details

OfficeExit Realty Nexus

Listing Map

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