5101 56th Ave N Crystal, MN 55429
Twin Oaks NeighborhoodEstimated payment $4,200/month
Highlights
- Building Security
- Lower Floor Utility Room
- Patio
- Corner Lot
- 2 Car Detached Garage
- Laundry Room
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,407
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 176x74
- Partially Fenced Property
- Corner Lot
Parking
- 2 Car Detached Garage
- Parking Lot
Home Design
- Quadruplex
- Bi-Level Home
- Block Exterior
Interior Spaces
- Lower Floor Utility Room
- Laundry Room
- Finished Basement
- Natural lighting in basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Patio
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 0411821430066
Community Details
Overview
- 4 Units
- Twin Oak Terrace Subdivision
Additional Features
- Coin Laundry
- Building Security
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,407 | $513,000 | $80,000 | $433,000 |
| 2023 | $8,537 | $513,000 | $80,000 | $433,000 |
| 2022 | $1,936 | $0 | $0 | $0 |
| 2021 | $1,996 | $0 | $0 | $0 |
| 2020 | $2,056 | $0 | $0 | $0 |
| 2019 | $2,116 | $0 | $0 | $0 |
| 2018 | $2,176 | $0 | $0 | $0 |
| 2017 | $2,836 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $665,000 | +17.7% | $192 / Sq Ft | |
| 05/08/2023 05/08/23 | Sold | $565,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 02/12/2023 02/12/23 | Pending | -- | -- | -- | |
| 02/06/2023 02/06/23 | Off Market | $565,000 | -- | -- | |
| 01/26/2023 01/26/23 | For Sale | $535,000 | -- | $154 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7028972
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.