Fourplex with One-Car
For Sale
$670,000
5116 Edgewood Avenue N, Crystal, MN 55428
MULTI_FAMILY - Crystal, MN
Property Size4,500 SF
Lot Size0.38 Acres
Price / SF$148.89
Days on Market23
Property Features for 5116 Edgewood Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 6, Basement, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 1
Exterior features
Vinyl
Subdivision
Russ Add To Crystal Village
High school district
Robbinsdale
Directions
Douglas Drive (North) to Corvallis Avenue , West One Block To Edgewood
Standard status
Active
APN
0811821140039
Size
4,500 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10000
Utilities
Heating system
Forced Air
Amenities
yard
Building Details
Year built
1962
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 848-2400
Listed By:
Anthony Giron
(952) 829-2900
Added: Jul 10
Changed: Aug 1
Last Checked: Aug 1 at 1:06AM
MLS# 7085895
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.
Investment Insights
Based on property information with market context.
This well-maintained quadplex offers four separate residential units in a straightforward income-property layout. Each unit includes its own one-car garage, and the property also provides ample additional parking for residents and guests. A spacious yard adds outdoor space for day-to-day tenant use. Exterior finishes include vinyl, and the heating system is forced air.
The property sits on a 0.38-acre lot in Crystal, Minnesota. It was built in 1962, providing a manageable, established rental structure with garage parking at the unit level.
With separate garages, on-site parking, and outdoor yard space, this fourplex supports flexible occupancy and tenant convenience in a single ownership opportunity.
The property sits on a 0.38-acre lot in Crystal, Minnesota. It was built in 1962, providing a manageable, established rental structure with garage parking at the unit level.
With separate garages, on-site parking, and outdoor yard space, this fourplex supports flexible occupancy and tenant convenience in a single ownership opportunity.
Key Highlights
- 0.38‑acre lot for a quadplex in Crystal, MN
- Each unit includes a one‑car garage
- Ample additional parking for residents and guests
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 | $89.1k | $19.80 |
| − Vacancy | −$5.8k | −$1.29 |
| EGI | $83.3k | $18.51 |
| − OpEx | −$25.0k | −$5.55 |
| NOI | $58.3k | $12.96 |
4,500 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$833.1K
$729.0K – $971.9K
NOI $58,316 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$751.4K
$657.5K – $876.6K
NOI $52,598 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,152 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
Explore this area
Business Placement
Demographics for 55428, MN
31,896
Population
13,495
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
3,938
Density / Sq Mi
$69,004
Median Household Income
$43,173
Median Earnings
$1,291
Median Rent
$277,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex on a 0.38-acre lot with vinyl exterior, forced-air heat, and each unit featuring a one-car garage.
Where is this quadplex located?
The property is located at 5116 Edgewood Avenue N Crystal, MN.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 0.38‑acre lot for a quadplex in Crystal, MN; Each unit includes a one‑car garage; Ample additional parking for residents and guests
