$640,000
SOLD APR 29, 2025

5530 267th St Wyoming, MN 55092

8 Beds
4 Baths
3,684 Sq Ft
0.44 Acres

Recently Sold

$174 Per Sq Ft

1% Below List Price

47 Days on Market

Highlights

  • Multiple Garages
  • Corner Lot
  • Guest Parking
  • Deck
  • Community Garden
  • Baseboard Heating

About This Home

As of April 2025

Investment Opportunity in the heart of Wyoming! This well-maintained 4-plex is fully leased with excellent tenants who cover their own electric, cable, and internet. Just under 7% cap rate makes this a great option to add as an investment. Each unit features a spacious living room, dining area, kitchen, two bedrooms, and a bathroom. The lower-level units offer lookout windows, while the upper units have decks. Most windows have been replaced, and all tenants have access to a shared laundry room at no additional cost. A detached 5-car garage provides additional convenience. Prime location near restaurants, schools, library, biking/walking paths, and easy access to I-35. Don’t miss this fantastic investment opportunity!

Last Agent to Sell the Property

Robert Boyce

Realty Executives Top Results Listed on: 02/28/2025

Realty Executives Top Results

Last Buyer's Agent

Nick Junker

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 125x175x125x150
  • Corner Lot

Parking

  • 5 Car Garage
  • Multiple Garages
  • Garage Door Opener
  • Guest Parking

Home Design

  • Quadruplex
  • Bi-Level Home
  • Pitched Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • 4 Units
  • Community Garden

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for insurance, repairs, sewer, taxes, trash collection
  • Assessor Parcel Number 210011510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,179

Year Built

Built in 1983

Lot Details

0

Parking

5

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 5
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Common Garden
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1842
  • Water Sewer Expenses: 1040
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Living Area: 3684
  • Below Grade Finished Sq Ft: 1842
  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Deck,Tile Floors
  • Appliances: Range
  • Total Rooms: 6
  • Amenities: Ceiling Fan(s),Tile Floors
  • Appliances: Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt, Pitched
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Garage Door Opener, Guest Parking, Multiple Garages, Parking Lot
  • Garage Square Feet: 1000
  • Other Parking Spaces: 1

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Forest Lake
  • SchoolDistrictNumber: 831
  • SchoolDistrictPhone: 651-982-8103

Lot Info

  • Lot Size: 125x175x125x150
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 7596.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 210011510
  • Tax Annual Amount: 5179
  • TaxWithAssessments: 5586.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 420
  • Number Of Refrigerators: One Per Unit

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $640,000 -1.4% $174 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $649,000 -- $176 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6675031

NorthstarMLS