5428 5th St NE

Fridley, MN 55421

$600,000
Price
7
Beds
4
Baths
2,873 Sq. Ft.
$209 / Sq. Ft.
2,873
Sq. Ft.
$209
per Sq. Ft.
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Description

Welcome to this well-positioned 4-unit investment opportunity in Fridley, a community celebrated for its natural beauty and everyday convenience. Nearby Springbrook Nature Center offers 127 acres of wooded boardwalks, wildlife viewing, and environmental education, while commuters will appreciate quick access to the Twin Cities. Residents also enjoy walkability to Jubilee Park and Oak Hill Park, along with nearby shopping, dining, and entertainment just minutes away. The property features four total...Welcome to this well-positioned 4-unit investment opportunity in Fridley, a community celebrated for its natural beauty and everyday convenience. Nearby Springbrook Nature Center offers 127 acres of wooded boardwalks, wildlife viewing, and environmental education, while commuters will appreciate quick access to the Twin Cities. Residents also enjoy walkability to Jubilee Park and Oak Hill Park, along with nearby shopping, dining, and entertainment just minutes away. The property features four total units, including two 2-bedroom units on the upper level with a mirrored layout, plus one 2-bedroom and one 1-bedroom unit on the lower level. All units share a welcoming front vestibule with a dedicated mail area, along with convenient access to shared laundry and utility space equipped with a GE washer and dryer and utility sink. From this area, residents also have direct access to the back dedicated parking lot and off-street parking. Unit 1 is a lower-level 1-bedroom, 1-bathroom residence offering a bright living room with front yard views and abundant natural light. The open layout flows into the dining area and kitchen, which is equipped with stainless steel appliances. The full bathroom features a tile surround, while the bedroom provides side yard views and dual closets for generous storage. Unit 2 is a spacious lower-level 2-bedroom, 1-bathroom unit filled with natural light from multiple windows throughout, creating a warm and inviting atmosphere. The kitchen features stainless steel appliances and a tile backsplash, opening seamlessly to the dining and living areas for comfortable everyday living and easy entertaining. Both bedrooms are nicely sized with LVP, and the bathroom is conveniently located between them. Units 3 and 4 occupy the upper level and share a mirrored 2-bedroom, 1-bathroom layout. Each unit offers an open-concept design with kitchens that flow into the dining and living areas, creating a functional and comfortable living space. Generous cabinet storage enhances each kitchen, while both bedrooms are well-sized and located near the full bathrooms. All units include direct interior access to the shared laundry and utility area. With four thoughtfully designed units, strong access to parks and natural amenities, and convenient connectivity to the Twin Cities, this Fridley property offers an appealing blend of lifestyle and long-term investment potential. From wooded trails to urban convenience, it delivers the balance today’s renters are actively seeking. Note: annual gross revenue is an estimate based on previous history
  1. Listed by eXp Realty
  2. Listed by eXp Realty

Property Details for 5428 5th Street Northeast

Subdivision Name
Hamiltons Add To Mechanics
Waterfront YN
No
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 06/02/2026 09:28 PM

Property Details for 5428 5th Street Northeast

StatusActive
MLS #7082990
Days on Compass6
Taxes$8,057 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1961
Lot Size0.24 AC / 10,410 SF
CountyAnoka County
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Location

Listing Courtesy of eXp Realty
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Building Information for 5428 5th Street Northeast

Stories-Residences4Year Built1961Building Size-Lot Size0.24 AC / 10,410 SF

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$3,661 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,990

Property Taxes

$671

HOA Dues

$0

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Property Information for 5428 5th Street Northeast

Summary
Location and General Information
  • City Name: Fridley
  • County Or Parish: Anoka
  • County: Anoka-MN
  • Directions: University Ave NE to 53rd Ave NE to 5th St NE
  • Latitude: 45.067095
  • Longitude: -93.260731
  • Map Coordinate: 92-D1
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55421
  • State Or Province: MN
  • Public Survey Township: 30
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 233024340014
  • Tax Annual Amount: $8,056.98
  • Tax Legal Description: LOTS 8 & 9 BLOCK 11 HAMILTONS ADDITION TO MECHANICSVILLE
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 8056.98
School Information
  • High School District: 14 - Fridley
  • School District Number: 14
  • School District Phone: 7635025001
Property
Lot Information
  • Above Grade Fin SQFT: 1450.0
  • Below Grade Fin SQFT: 1423.0
  • SQFT Total: 2873.0
  • Living Area Units: Square Feet
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area: 0.239
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • SQFT Main Total: 0
  • Building Area Total: 2873.0
  • Above Grade SqFt Total: 1450
  • Below Grade SqFt Total: 1423
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Laundry
  • Exterior Features: Stone, Stucco
  • Fencing: None
  • Foundation Area: 1530.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
Interior Features
  • Basement Type: None
  • Bathrooms Total Count: 4
  • Bedrooms Total: 7
  • DP Resource: Yes
  • Garage Square Feet: 0
  • Heating: Baseboard
  • Laundry Features: Common Area, Lower Level, Sink
  • Levels: Split Entry (Bi-Level)
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Main Floor Primary Bedroom
  • Unit Appl: Exhaust Fan/Hood, Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Cool System: Central
  • Unit Rooms Total: 6
  • Unit SqFt: 683
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Unit Is Leased: N
  • Unit Type Total Rent: 0
  • Unit Furnished: Unfurnished
Unit 2
  • Unit Amenities: Main Floor Primary Bedroom
  • Unit Appl: Exhaust Fan/Hood, Range, Refrigerator
  • Unit Bath Description: Main Floor Full Bath
  • Unit Bath Full: 1
  • Unit Cool System: Central
  • Unit Rooms Total: 6
  • Unit SqFt: 605
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 3
  • Dining Room Description: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Unit Is Leased: N
  • Unit Type Total Rent: 0
  • Unit Furnished: Unfurnished

Property History for 5428 5th Street Northeast

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Price Change

NorthStar #7082990

$600,000—
Jun 1, 2026

Listed (Active)

NorthStar #7082990

—
Sep 29, 2023

Sold

NorthStar #6380173

$560,000—
DateEvent & SourcePrice
06/01/2026

Price Change

NorthStar #7082990

$600,000
06/01/2026

Listed (Active)

NorthStar #7082990

—
09/29/2023

Sold

NorthStar #6380173

$560,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5428 5th Street Northeast

Taxable ValueLand$101,800Additions$383,500Total$485,300
Tax Record2026$9,742 ($812 / month)
Home Facts
Total Finished SqFt3,132 SqFtAbove Grade Finished SqFt3,132 SqFtLot Size10,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1971CountyANOKAAPN23-30-24-34-0014

Schools near 5428 5th Street Northeast

This home is within Fridley Public School District.
Rating
School
Type
Grades
Distance
Stevenson Elementary School
Public - PK to 4
Fridley Middle School
Public - 5 to 8
Fridley Senior High School
Public - 9 to 12
Transitions School
Public - 11 to 12
Rating
School
Distance
Stevenson Elementary School
PublicPK to 4

Fridley Middle School
Public5 to 8

Fridley Senior High School
Public9 to 12

Transitions School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5428 5th Street Northeast, Fridley, MN 55421

5428 5th Street Northeast is a multi-family home for sale in Fridley, MN 55421. This property was listed for sale on June 1, 2026 by eXp Realty, it's currently listed at $600,000. It has been on the market for a total of 6 days and was last sold on September 29, 2023. This listing's school district is Fridley Public School District. Nearby schools include Stevenson Elementary School, Fridley Middle School and Fridley Senior High School. 5428 5th Street Northeast is a 7-bed, 4-bath, 2,873 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information submitted to the MLS GRID as of 06/02/2026 09:28 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.