3829 Lake Drive Avenue N, Robbinsdale, MN 55422
Local realty services provided by:CENTURY 21 FM Realty
3829 Lake Drive Avenue N,Robbinsdale, MN 55422
$420,000
- 6 Beds
- 2 Baths
- 3,024 sq. ft.
- Multi-family
- Active
Listed by: derek dittmer
Office: meta realty
MLS#:7054532
Source:ND_FMAAR
Price summary
- Price:$420,000
- Price per sq. ft.:$138.89
About this home
High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit.
This is an investor-friendly setup with gas, electric, and water all separately metered, keeping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy.
Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location....
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Home facts
- Year built:1964
- Listing ID #:7054532
- Added:67 day(s) ago
- Updated:June 23, 2026 at 03:30 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Living area:3,024 sq. ft.
Structure and exterior
- Year built:1964
- Building area:3,024 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:City Water - In Street
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$138.89
- Tax amount:$7,293
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