5101 56th Avenue N, Crystal, MN 55429 (MLS# 7121121)

5101 56th Avenue N, Crystal, MN 55429

$619,900
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,472 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $619,900 List Date: 8/04/2026 Last Modified: 10/15/2026

Overview

Description

Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13,000 SF] – and literally just steps to Twin Oaks Park. Recent updates include 4 brand new furnaces, 4 brand new hot water heaters, a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add’l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94.

Listing Details MLS# 7121121

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1736
Above Ground SqFt
1736
Below Grd Total SqFt
1736
Total SqFt
3472
Foundation Size
1736
Style
(MF) Four Plex
Total Finished Sqft
3472.00
Garage Stalls
2
Lot Dimensions
176x74
Acres
0.3
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Patio; Security Building Construction Materials: Block Construction Status: Previously Owned Electric: 200+ Amp Service Exterior: Brick/Stone; Stucco Fencing: Partial Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; Laundry Room; Lower Level Lot Description: Corner Lot Parking Characteristics: Parking Lot Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Tenant Pays: Cable TV; Electricity; Gas; Other Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Central Unit 3 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Unit 4 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 4 Bath Description: Main Floor Full Bath Unit 4 Cooling: Central Unit 4 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
634000
ListPrice
619900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5101
Street Name
56th
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Crystal
County
Hennepin
State
MN
Zip Code
55429
Complex/Dev/Subdivision
Twin Oak Terrace

Assessments

Tax With Assessments
10426

Building Information

Finished SqFt Above Ground
1736
Finished SqFt Below Ground
1736

More Information

Income and Expenses

Annual Electric Expense
1200
Annual Fuel Expense
350
Annual Insurance Expense
4000
Annual Maintenance Expense
1500
Annual Repair Expense
1500
Annual Trash Expense
700
Annual Water/Sewer Expense
1600
Misc. Annual Income
2400

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x24
Garage Square Feet
576

Public Survey Info

Range#
21
Section#
04
Township#
118

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
14400
Finished SqFt
742
Full Baths
Yes
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
5196
Finished SqFt
742
Full Baths
Yes
Monthly Rent
1299
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
Finished SqFt
742
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 4

Furnished?
No
Leased?
Yes
Unit Number
4
Annual Rent
14400
Finished SqFt
742
Full Baths
Yes
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
4

Documents

IDX
Listing Office: BRIX Real Estate
Last Updated: October - 15 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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