10200 129th Avenue N, Champlin, MN 55316 (MLS# 7125826)

10200 129th Avenue N, Champlin, MN 55316

New Listing
$390,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,144 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $390,000 List Date: 8/17/2026 Last Modified: 8/17/2026

Overview

Description

Quiet cul-de-sac location with convenient access to Highway 169, parks, and trails. Excellent opportunity to own an income-producing duplex in highly sought-after Champlin. One unit has been nicely updated and offers a clean, inviting interior with 2 bedrooms, 1 bathroom, and a 1-car garage. The second unit provides a solid rental opportunity with the same functional 2-bedroom, 1-bath layout. Both units are leased through June 2027, providing immediate rental income and stability for an investor. Recent mechanical updates include newer furnaces and AC units, along with a newer refrigerator and washing machine in Unit 10204. Great opportunity for an investor looking for a well-located duplex with strong long-term potential.

Listing Details MLS# 7125826

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1978
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1072
Above Ground SqFt
1072
Below Grd Total SqFt
1072
Total SqFt
2144
Foundation Size
1072
Style
(MF) Duplex Side X Side
Total Finished Sqft
1878.00
Garage Stalls
2
Lot Dimensions
Irregular
Acres
0.27
Assessment Pending
No

Property Features

Accessible: None Construction Materials: Block Construction Status: Previously Owned Electric: 200+ Amp Service; Circuit Breakers Exterior: Vinyl Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Laundry Closet Lot Description: Corner Lot; Irregular Lot; Tree Coverage - Medium Owner Pays: Maintenance/Repair; Sewer; Water Pool Description: None Road Frontage: Cul De Sac; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sewer: City Sewer/Connected Stories: One Tenant Pays: Cable TV; Electricity; Gas; Trash Collection Topography: Level Unit 1 Amenities: Kitchen Window; Porch Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Upper Level Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Kitchen/Dining Room Unit 2 Amenities: Cable; Kitchen Window; Patio Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Central Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
390000
ListPrice
390000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
10200
Street Name
129th
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Champlin
County
Hennepin
State
MN
Zip Code
55316
Complex/Dev/Subdivision
Champlin Heights 2nd Add

Assessments

Tax With Assessments
4611.64
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1072
Finished SqFt Below Ground
806

More Information

Income and Expenses

Annual Gross Expenses
10320
Annual Gross Income
24300
Annual Insurance Expense
5830
Annual Maintenance Expense
1200
Annual Repair Expense
1000
Annual Trash Expense
755.04
Annual Water/Sewer Expense
1535
Total Annual Expenses
10320
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
12x25
Garage Door Height
7
Garage Door Width
9
Garage Square Feet
576

Public Survey Info

Range#
22
Section#
24
Township#
120

Unit 1

Furnished?
No
Lease Expiration Date
2027-06-01
Leased?
Yes
Level
Multi-Level
Unit Number
Yes
Annual Rent
11700
Finished SqFt
939
Full Baths
Yes
Monthly Expense
455
Monthly Rent
975
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2027-06-01
Leased?
Yes
Level
Multi-Level
Unit Number
2
Annual Rent
12600
Finished SqFt
939
Full Baths
Yes
Monthly Expense
455
Monthly Rent
1050
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 002 BLOCK 002 CHAMPLIN HEIGHTS 2ND ADDN
Listing City
Champlin
Map Page
63
Municipality
Champlin
School District
Anoka-Hennepin
School District Phone
763-506-1000
Zip Plus 4
1231
Property ID Number
2412022130041
Tax Year
2026
Tax Amount
4611.64
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Quiet cul-de-sac location with convenient access to Highway 169, parks, and trails. Excellent opportunity to own an income-producing duplex in highly sought-after Champlin. One unit has been nicely updated and offers a clean, inviting interior with 2 bedrooms, 1 bathroom, and a 1-car garage. The second unit provides a solid rental opportunity with the same functional 2-bedroom, 1-bath layout. Both units are leased through June 2027, providing immediate rental income and stability for an investor. Recent mechanical updates include newer furnaces and AC units, along with a newer refrigerator and washing machine in Unit 10204. Great opportunity for an investor looking for a well-located duplex with strong long-term potential.
Directions
From Highway 169, take 109th Ave N west, then turn onto 129th Ave N. Follow 129th Ave N to the property.

Accessible

None
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Vinyl
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Laundry

Laundry Closet
Yes

Lot Description

Corner Lot
Yes
Irregular Lot
Yes
Tree Coverage - Medium
Yes

Owner Pays

Maintenance/Repair
Yes
Sewer
Yes
Water
Yes

Patio, Porch and Deck Features

Patio
Yes

Pool Description

None
Yes

Road Frontage

Cul De Sac
Yes
Paved Streets
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Topography

Level
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Trash Collection
Yes

Unit 1 Amenities

Kitchen Window
Yes
Porch
Yes

Unit 1 Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Upper Level Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Kitchen/Dining Room
Yes

Unit 2 Amenities

Cable
Yes
Kitchen Window
Yes
Patio
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

Central
Yes
IDX
Listing Office: Coldwell Banker Realty - Southwest Regional
Last Updated: August - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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