4023 6th Street NE, Columbia Heights, MN 55421
MULTI_FAMILY - Columbia Heights, MN
- Added:
- May 24, 2026
- Days on Market:
- 38
- Last Refresh:
- Jun 30 at 8:06 am
Property Features for 4023 6th Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
- Parking features
- Open, Garage - Detached
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 353024310076
- Size
- 2,100 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4157
Utilities
- Heating system
- Oil
Building Details
- Year built
- 1927
- Roof type
- Shingle
Listing agent Pat Hiller (952) 829-2900
Listing office RE/MAX Results 2605 Campus Dr, Eden Prairie, MN (763) 591-6000
Listing date May 24, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑story up/down duplex built in 1927 with separate living units
- Each unit offers 2 bedrooms plus a sun room
- Brand new boilers and water heaters
- Replacement windows and hardwood floors
- Newer patio out back plus Leafguard gutters
- Detached garage with open parking; shingle roof and stucco exterior
Overview
The property is located at 4023 6th Street NE in Columbia Heights, MN (Anoka County, 55421). Public remarks note proximity to parks and miles of trails, as well as an area close to dining options, including Sarna’s restaurant.
For buyers and operators, the key operational benefit is the planned transition to full occupancy vacancy on June 30, allowing for renovation, leasing, or repositioning with both units under the same ownership timeline. The unit mix—with two bedrooms and sun rooms in each unit—can appeal to tenants looking for similar layouts across both floors.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $18.96 |
| − Vacancy | −$2.7k | −$1.27 |
| EGI | $37.2k | $17.69 |
| − OpEx | −$11.1k | −$5.31 |
| NOI | $26.0k | $12.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbia Heights
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.25853902
- Latitude
- 45.04167023
