110 118th AVE NE Active

Blaine,MN 55434

$ 1100000

- Bed

- Bath

5400 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $203

Subdivision Degardners Parkview

MLS Listing ID 6601243

Year Built 1979

Annual Tax Amount $7,832

Tax Year 2024

Contingent None

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 189x105x201x136

Property Description

Rare Investment Opportunity: Two Side-by-Side Duplexes (4-Unit Building) in Blaine.
Seize the chance to own two meticulously maintained, turn-key side-by-side duplexes (4-unit building) located across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park.
Each unit offers a split floor plan featuring two bedrooms, a full bathroom with a master walkthrough, and an open kitchen, dining, and living area on the upper level. The lower level includes a cozy family room with a wood-burning fireplace, a third bedroom, and a ¾ bathroom.
This fully occupied fourplex boasts new exterior paint (2024) and newer garage doors with openers (2019). Each unit has a two-car garage and operates on separate utilities for gas, electricity, and water, ensuring efficient and hassle-free management.
Tenants are responsible for all utilities, including gas, electricity, trash, and water/sewer. They also handle snow removal and lawn maintenance, ensuring this is a low-maintenance investment.
• Current Market Value: Similar duplexes in Blaine typically value over $550,000 each, making this a smart investment with room for growth.

• Unit #110 recently underwent a kitchen remodel with new kitchen cabinets, granite countertops and a new refrigerator and stove. The unit received fresh paint throughout and luxury vinyl flooring on the upper level (kitchen, living room, dining, and 2 bedrooms) in 2024, and the basement also got newer carpet in 2022, making this unit highly attractive to quality tenants.
• Unit #112 was updated with granite countertops in the kitchen, along with a new stainless steel refrigerator and stove. The entire unit was freshly painted in 2023.
• Unit #114 underwent a kitchen remodel with granite countertops and new stainless steel appliances in 2018 and was further updated with luxury vinyl flooring on the upper level in 2024. The unit was freshly painted in 2022.
• Unit #116 received a kitchen remodel in 2019 with granite countertops, new stainless steel appliances, and plank flooring in the living room, kitchen, and dining areas. The entire unit was freshly painted in 2022.
Thanks to its excellent condition, recent updates, and strong rental history, this fourplex is an outstanding investment opportunity that you won’t want to miss!

Location

State MN

County Anoka

Zoning Residential-Multi-Family

Rooms

Basement Full,Walkout

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Attached Garage,Asphalt,Tuckunder Garage

Garage Spaces 8.0

Roof Type Asphalt

Parking Type Attached Garage,Asphalt,Tuckunder Garage

Building

Story Split Entry (Bi-Level)

Foundation 3528

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Brick/Stone,Stucco

New Construction false

Schools

School District Anoka-Hennepin

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