Updated 5-Unit Apartment
For Sale
$715,000
1200 Norton Avenue NE, Fridley, MN 55432
Commercial Sale, Fridley, MN
Property SizeContact for details
Lot Size0.52 Acres
Days on Market93
Property Features for 1200 Norton Avenue NE
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Bedrooms
10
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Bedroom 10, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 9, Basement, Bedroom 8, Bedroom 4, Bedroom 5
Parking features
Garage - Attached, Garage, Assigned, Driveway, Garage - Detached
Appliances
Dishwasher, Range, Refrigerator
Subdivision
Auditors Sub 89
High school district
Spring Lake Park
Directions
Old Hwy 65 to Norton Ave Go West Property On South Side or Road
Standard status
Active
APN
123024310026
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9960
Utilities
Heating system
Forced Air
Building Details
Year built
1918
Building materials
Frame
Listing Agency:
Exit Realty Nexus
(763) 548-1400
Listed By:
Frank M D'angelo
(612) 281-1033
Added: Jun 24
Changed: Sep 24
Last Checked: Sep 24 at 8:06AM
MLS# 7098679
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 5-unit apartment property in Fridley includes five two-bedroom, one-bath residences with updated kitchens and bathrooms. The building was constructed in 1918 on 0.52 acres and features frame construction with forced-air heating. Appliances include ranges, refrigerators, and dishwashers. Existing leases are in place, with some leases structured on a month-to-month basis.
Parking includes six garage stalls, assigned spaces, detached and attached garage components, and driveway parking. The property is located at 1200 Norton Avenue NE, with access to major roadways, employment centers, shopping, dining, parks, and everyday services in the surrounding north metro area.
Parking includes six garage stalls, assigned spaces, detached and attached garage components, and driveway parking. The property is located at 1200 Norton Avenue NE, with access to major roadways, employment centers, shopping, dining, parks, and everyday services in the surrounding north metro area.
Key Highlights
- Five 2‑bedroom, 1‑bath apartment units
- Updated kitchens and bathrooms throughout the residences
- Six garage stalls plus assigned and off‑street parking
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 55432, MN
33,022
Population
13,575
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,336
Density / Sq Mi
$77,985
Median Household Income
$48,417
Median Earnings
$1,308
Median Rent
$278,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five two-bedroom residences offer refreshed interiors, garage parking, and assigned outdoor spaces in an established Fridley setting.
Where is this apartment building located?
The property is located at 1200 Norton Avenue NE Fridley, MN.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Five 2‑bedroom, 1‑bath apartment units; Updated kitchens and bathrooms throughout the residences; Six garage stalls plus assigned and off‑street parking
