3829 Lake Drive Avenue N Robbinsdale, MN 55422

$420,000
Active
estimated monthly payment
6 Beds  |  2 Baths  |  2,766 Sq Ft  |  Duplex Up and Down  |  MLS # 7054532
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About The Listing

High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit.

This is an investor-friendly setup with gas, electric, and water all separately metered, keeping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy.

Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location.


Listing courtesy of Derek Dittmer, Meta Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1964
MLS #: 7054532
Bedrooms: 6
Square Feet: 2,766
Price Per Square Foot: $152
Garage Spaces: 0
Parking Description: Asphalt
Sewer Description: City Sewer/Connected
Water: City Water - In Street
Heat Type: Hot Water
Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full
Foundation Type: Block
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 04/21/2026
List Date: 04/16/2026
Listing Agent ID: 506015206
Listing Office: Meta Realty
Listing Office ID: 252079
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Exterior Features: Stone, Stucco
Lot Dimensions: 60x151
Lot Size: 0.21 Acres
Lot Features: Tree Coverage - Light
School District: Robbinsdale
Tax Year: 2025
Estimated Taxes: $7,293
Contingency Type: None
City: Robbinsdale
Zip: 55422
County: Hennepin
Subdivision: Robbin Terrace Add
State: MN

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Listing last updated: 04/21/26

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