ACTIVE$715,000
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley - Mike Wilen | Minnesota Team Real Estate

Property information

Beds
10
Baths
5
Sq Ft
—
Year Built
1918
Property Type
Apartments/Multi Family
Acres
0.52
County
Anoka
Waterfront
No
Waterfront View
—
Waterfront Feet
—
Water Body
—
Parking
6
Basement
Finished, Full, Walkout
Price/Sqft
—
Stories
Two
HOA Fee
N/A
Updated
2 D AGO
List Date
7/8/2026

Updated 5-Unit Multifamily Investment Property in Fridley Excellent opportunity to acquire a well-maintained and updated 5-unit residential rental property in Fridley featuring all 2-bedroom, 1-bathroom apartment homes. Each unit has been thoughtfully updated with modern kitchens and bathrooms, creating strong tenant appeal and a clean, move-in-ready rental experience. The property offers a practical unit mix with five spacious 2-bedroom apartments, six garage stalls, and multiple designated off-street parking spaces. These features provide added convenience for residents and valuable income-supporting amenities for ownership. All units have existing leases, some are month-month. Located at 1200 Norton Avenue NE in Fridley, this multifamily asset offers convenient access to major roadways, employment centers, shopping, dining, parks, and everyday services throughout the north metro. With updated interiors, garage parking, designated parking, and a desirable all-2-bedroom configuration, this property is well-positioned for an investor seeking a stabilized residential rental asset with long-term income potential. A strong addition to an investment portfolio, this 5-unit property combines updated residential living spaces, functional parking, and a location within the established Fridley rental market.

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View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (2 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (3 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (4 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (5 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (6 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (7 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (8 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (9 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (10 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (11 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (12 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (13 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (14 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (15 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (16 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (17 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (18 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (19 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (20 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (21 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (22 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (23 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (24 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (25 of 26) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 1200 Norton Avenue, Fridley MN 55432, Fridley (26 of 26) - Mike Wilen | Minnesota Team Real Estate

Listed by: Exit Realty Nexus