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Listed price in listed location currency (USD).
$420,000

620

MLS® 7054532

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2766 sqft
Garage 
Taxes $7,293
Days Active 12
Lot Size 
Approx. Age 1964
Avg. Price Per Sqft $151
MLS® Number 7054532

Property Address: 3829 Lake Drive Ave N, Robbinsdale, MN, 55422-1439

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7054532
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
BasementDaylight/Lookout Windows, Egress Window(s), Finished, Full
DrivewayAsphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$420,000List Price
  • Commute

Commute

Starting Address
Destination Address
3829 Lake Drive Ave N, Robbinsdale, MN

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