For Sale Commercial MLS# 7098679

1200 Norton Avenue NE

Fridley, MN 55432

$715,000

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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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1918
Stories
Two
Living area
5,000 sqft
Price / sqft
$143
Lot
0.52
Original price
$715,000
MLS #
7098679

Interior

Features
Window Unit(s), Forced Air, Egress Window(s), Finished, Full, Walkout, Dishwasher, Range, Refrigerator
Appliances
Dishwasher, Range, Refrigerator
Heating
Forced Air
Cooling
Window Unit(s)

Exterior & lot

Features
Stucco, Assigned, Attached Garage, Detached Garage, Asphalt, Tuckunder Garage
Construction
Two, Block
Foundation
Block
Lot
123024310026, Wood, Residential
Fence
Wood
Parking
Assigned, Attached Garage, Detached Garage, Asphalt, Tuckunder Garage
Garage spaces
6

Schools

District
Spring Lake Park Public Schools

Utilities

Utilities
City Sewer/Connected, City Sewer - In Street, City Water - In Street, Electric Separate
Water
City Water - In Street
Sewer
City Sewer/Connected, City Sewer - In Street

Financial

Financial
northstar
Annual tax
$9,960
Tax year
2026
Parcel
123024310026

Location

Subdivision
Auditors Sub 89
County
Anoka
Community
Anoka, City Street, Cul De Sac, Paved Streets, northstar, Spring Lake Park
Directions
Old Hwy 65 to Norton Ave Go West Property On South Side or Road

Location

Neighborhood
Auditors Sub 89
School district
Spring Lake Park Public Schools

Ask about this property

Questions on 1200 Norton Avenue NE, Fridley, MN 55432, or want to see it in person?

Listed by Frank M D'Angelo, Exit Realty Nexus

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.