4-Unit
For Sale
$664,900
5116 Edgewood Avenue N, Crystal, MN 55428
Residential Income, Crystal, MN
Property Size4,500 SF
Lot Size0.38 Acres
Price / SF$147.76
Days on Market114
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
Bedroom 5, Bedroom 3, Bedroom 8, Bedroom 2, Basement, Bedroom 7, Bathroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 6
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
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: Oct 29
Last Checked: Oct 31 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This four-unit residential property in Crystal contains 4,500 square feet across a 0.38-acre lot. The building dates to 1962 and has forced-air heating. Its four residences provide a multifamily configuration at 5116 Edgewood Avenue N.
Key Highlights
- Four‑unit quadplex in Crystal
- 4,500 square feet of building area
- 0.38‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,316
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,166,320
$1.2M
Cap Rate 7%
$833,086
$833.1K
Cap Rate 9%
$647,956
$648.0K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$89.1K $19.80/SF
− Vacancy
−$5.8K −$1.29/SF
EGI
$83.3K $18.51/SF
− OpEx
−$25.0K −$5.55/SF
NOI
$58.3K $12.96/SF
Area
Hennepin County, MN
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,166,320
Cap Rate 7%
$833,086
Cap Rate 9%
$647,956
Alternative Uses
Best Use
Multifamily LT 5
$833.1K
$729.0K – $971.9K
NOI $58,316 @ 7.0% cap · market cap 8.77%
Second Best
Apartment 5plus
$751.4K
$657.5K – $876.6K
NOI $52,598 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,152 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
445
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences in Crystal offer a compact multifamily configuration with forced-air heating.
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 $664,900.
What are key features of this property?
This property features: Four‑unit quadplex in Crystal; 4,500 square feet of building area; 0.38‑acre lot
