$8,906 Closing Credit¹
Listing Office: Investors Realty MN
$8,906
closing credit¹
7673 River Rd Fridley, MN 55432
$750,000 List price
$8,906
Closing credit¹
4,788 sqft
$157 / sqft
Multi-Family
Property details
About 7673 River Rd
Exceptional Investment Opportunity: Premier 4-Plex Package Deal Dive into a lucrative venture with this exclusive offer—two substantial 4-plex buildings, each available for $750,000, sold together to create a formidable asset in your real estate portfolio. Situated at 7673 East River Road and 106 77th Way, these properties stand out in the market for their expansive units and strategic location, offering a seamless blend of high returns and tenant appeal. Highlights of This Unique Investment: Spacious Living Areas: Generously sized units ensure high tenant demand and premium rental rates, enhancing your investment return. Convenient Amenities: Equipped with essential in-building laundry facilities and abundant parking, these properties offer the comforts and conveniences that drive rental desirability. Optimized Portfolio Expansion: Acquiring both buildings simultaneously allows for streamlined management and operational synergies, making this a smart move for savvy investors. Investor Advantages: Targeted Buyer Appeal: This opportunity is tailored for discerning investors ready to capitalize on a significant market position. Scheduled Viewings: Arrange a tour with a minimum of 24 hours’ notice to fully appreciate the value and potential of these properties, all while respecting our valued tenants’ comfort. Elevate your real estate investment strategy with this premium offering.
Highlights
Home typeQuadruplex
HeatingBaseboard, Steam
StatusActive
Size4,788 sqft
Year built1966
ParkingAsphalt
MLS #6612766
Summary
- MLS Number: 6612766
- MLS Name: NORTHSTAR
- Office Name: Investors Realty MN
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$750,000
7673 River Rd
$8,906
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Park Terrace Elementary School
Public District PK-4
1.1 mi
•8301 Terrace Rd NE
5
Woodcrest Elementary Spanish Immersion
Public District KG-4
1.2 mi
•880 Osborne Rd NE
9
Monroe Elementary School
Public District KG-5
1.3 mi
•901 Brookdale Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,372. Typical income of Fridley, MN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
20%
<35k
62%
35k-100k
16%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
18%
Single, with Kids
23%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
NBA/WNBA
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Chico's
Burlington
Where do the neighbors go to eat?
Qdoba
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Pontiac
Volvo
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 7673 River Rd in Fridley, MN and zip code 55432. This 4,788 square foot home was built in 1966. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $750,000.
Fridley, MN housing market in December 2024 saw over 8 listings sold above listed price, more than 5 sold at listed price and over 10 sold below. The number of listings in Fridley, MN decreased by 14.5% between November and December 2024. In December 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $315,166.
From Rocket Homes Real Estate and based on county public records data.