Real Estate Agent Sapa Carlson
Sapa Carlson
(612) 306-1050
Counselor Realty, Inc
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3829 Lake Drive Avenue N, Robbinsdale, MN 55422

$420,000
SQUARE FEET 2,766
MLS# 7054532
  • 3829 Lake Drive Avenue N, Robbinsdale, MN 55422 Main Photo

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Sapa Carlson

Sapa Carlson
Call: (612) 306-1050

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Robbin Terrace Add
SCHOOL: Robbinsdale

Property 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.

3829 Lake Drive Avenue N | MLS# 7054532

This multi-family property located at 3829 Lake Drive Avenue N, Robbinsdale, MN 55422 is currently listed for sale with an asking price of $420,000. Lake Drive Avenue N is located within the Robbinsdale school district. Search Robbinsdale real estate on scarlson.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full
Basement: Yes
Heating: Hot Water
Lot Size: 0.21 Acres
Roof Type: Asphalt
Taxes: $7,293
Year Built: 1964

Feature Descriptions

Days on Site: 3
Foundation Size: 1008
Lot: Tree Coverage - Light
Lot Dimensions: 60x151
Owners Expense: Insurance, Taxes
Parcel#: 1511821120029
Parking: Asphalt
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Fuel, Trash Collection, Water
Units: 2
Water: City Water - In Street

Local Schools

School District: Robbinsdale

Listed By / Shown By

Listed By

Agency Name: Meta Realty
Agency Phone: 952-243-0037

Shown By

Agent Name: Sapa Carlson
Agent Phone: (612) 306-1050
Agency Title: Counselor Realty

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Estimated Payment

$ 2,965.67 per month $2,235.42 Principal & Interest $607.75 Property Tax $122.50 Homeowner's Insurance

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