16
See all 16 photos
$420,000
Est. payment /mo
6 Beds
2 Baths
2,766 SqFt
New
3829 Lake Drive AVE N Robbinsdale, MN 55422
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Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $151
Subdivision Robbin Terrace Add
MLS Listing ID 7054532
Bedrooms 6
Year Built 1964
Annual Tax Amount $7,293
Tax Year 2025
Contingent None
Lot Dimensions 60x151
Property Sub-Type Duplex Up and Down
Property Description
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.
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Egress Window(s), Finished, Full
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Asphalt
Roof Type Asphalt
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 1008
Sewer City Sewer/Connected
Water City Water - In Street
Level or Stories Two
New Construction false
Schools
School District Robbinsdale
Listed by Derek Dittmer • Meta Realty
NEARBY SCHOOL & BUSINESS
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