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5116 Edgewood Avenue N, Minneapolis, MN 55428

New Listing

$670,000

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 4,500 Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $670,000 List Date: 7/10/2026 Last Modified: 7/11/2026

Overview

Description

Welcome to this exceptional opportunity to own a well-maintained fourplex in the heart of Crystal. Each unit includes its own one-car garage, along with ample additional parking for residents and guests. The property also features a spacious yard, offering outdoor enjoyment and added appeal for tenants. Whether you're looking to live in one unit while generating rental income from the others or add a strong investment property to your portfolio, this fourplex offers flexibility and long-term potential. Ideal for both first-time investors and seasoned property owners, opportunities like this don't come along often. Don't miss your chance to own a versatile income-producing property in a desirable location.

Listing Details MLS# 7085895

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1962
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2000
Above Ground SqFt: 2500
Below Grd Total SqFt: 2000
Total SqFt: 4500
Foundation Size: 2000
Lot Size SqFt: 16552.8
Style: (MF) Four Plex
Total Finished Sqft: 4500.00
Garage Stalls: 4
Lot Dimensions: 134x125
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Vinyl Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Water: City Water - In Street

Contract Information

Contingency: None
Original List Price: 670000
ListPrice: 670000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5116
Street Name: Edgewood
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55428
Complex/Dev/Subdivision: Russ Add To Crystal Village

Assessments

Tax With Assessments: 10101
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2500
Finished SqFt Below Ground: 2000

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 08
Township#: 118

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 14340
Full Baths: Yes
Monthly Rent: 1195
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 23892
Full Baths: Yes
Monthly Rent: 1991
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 12900
Full Baths: Yes
Monthly Rent: 1075
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 4

Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 13800
Full Baths: Yes
Monthly Rent: 1150
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 003 RUSS ADDN TO CRYSTAL VILLAGE W 154 41/100 FT
Listing City: Crystal
Map Page: 91
Municipality: Crystal
School District: Robbinsdale
School District Phone: 763-504-8000
Zip Plus 4: 4370
Property ID Number: 0811821140039
Tax Year: 2025
Tax Amount: 10000
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to this exceptional opportunity to own a well-maintained fourplex in the heart of Crystal. Each unit includes its own one-car garage, along with ample additional parking for residents and guests. The property also features a spacious yard, offering outdoor enjoyment and added appeal for tenants. Whether you're looking to live in one unit while generating rental income from the others or add a strong investment property to your portfolio, this fourplex offers flexibility and long-term potential. Ideal for both first-time investors and seasoned property owners, opportunities like this don't come along often. Don't miss your chance to own a versatile income-producing property in a desirable location.
Directions: Douglas Drive (North) to Corvallis Avenue , West One Block To Edgewood

Accessible

None: Yes

Basement

Concrete Block: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water - In Street: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Listing Office: RE/MAX Results

Last Updated: July - 11 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.