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    Hennepin County, MN Quadplexes for Sale

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    Minneapolis, MN Saint Paul, MN Rochester, MN
    Turnkey Fully Rented Four-Plex
    Updated: Jan 19
    Turnkey Fully Rented Four-Plex

    5531 Maryland Avenue N, New Hope, MN 55428

    $899,900
    5,536 sqft · 0.55 AC lot
    Fully rented four‑plex with a layout that feels like four townhomes
    Each unit has separate utilities and meters (gas, electric, water, and sewer)
    Year built 1979
    Construction includes block, brick, and frame with brick/stone and stucco exterior
    Forced‑air heating and a shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    5531 Maryland Avenue N, New Hope, MN 55428

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $72K
      Annual

    • Price @ 7% Cap

      $1.02M
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1979
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    Well-Maintained Fourplex With Mixed Units
    Updated: Apr 10
    Well-Maintained Fourplex With Mixed Units

    7632 Pleasant Avenue, Richfield, MN 55423

    $575,000
    4,008 sqft · 0.26 AC lot
    Fourplex built in 1966 with three 2‑bedroom units and one 1‑bedroom unit
    Month‑to‑month leases with long‑term tenants and historically low turnover
    New boiler installed in 2025
    Unit 2 remodel in 2024 with new carpet, fresh paint, new blinds, updated kitchen cabinets/countertops/appliances, and remodeled bathroom with tile tub/shower
    Heating: oil; exterior features include brick/stone and stucco
    View details
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Hennepin County, MN, we suggest exploring several alternatives:

    Hennepin County, MN Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Hennepin County, MN on our real estate platform. These investment opportunities span a total of 9,544 square feet of properties for sale, with an estimated market value of $1,474,900.

    Sale prices for four-unit buildings in Hennepin County, MN start at $575,000, averaging $737,450, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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