5531 Maryland Avenue N, New Hope, MN 55428

New Hope
Local realty services provided by:ERA Prospera Real Estate
5531 Maryland Avenue N,New Hope, MN 55428
$865,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: scott r. smith
Office: keller williams premier realty
MLS#:6824795
Source:NSMLS

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Price summary

  • Price:$865,000

About this home

Fantastic opportunity to own a turn-key, fully rented four-plex with great cash flow. Conveniently located in a nice New Hope neighborhood. This property feels more like four townhomes rather than your typical 4-plex making it very desirable for renters. Each renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units. Don't miss this fantastic opportunity for a great income producing investment property!

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Home facts

  • Year built:1979
  • Subdivision & Development:Church View Estates
  • Listing ID #:6824795
  • Added:193 day(s) ago
  • Updated:August 01, 2026 at 03:41 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Finished, Full, Single Tenant Access, Storage Space, Walkout

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt
  • Year built:1979
  • Lot Features:Level, Public Transit (w/in 6 blks), Tree Coverage - Light
  • Construction Materials:Block
  • Exterior Features:Patio
  • Levels:Bi/Split Level

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$865,000
  • Tax amount:$11,668 (2025)

Parking

  • Parking description:Asphalt, Attached Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:8
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