5101 56th Ave N Crystal, MN 55429
Twin Oaks NeighborhoodEstimated payment $4,313/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
- $10,426
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 Foundation
- Block Exterior
- Stucco 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 |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $649,000 | -2.4% | $187 / Sq Ft |
| 03/02/2026 03/02/26 | For Sale | $665,000 | -- | $192 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7028972
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.