3829 Lake Drive Avenue N, Robbinsdale, MN 55422

• 6 beds |
• 2 baths |
• 2,766 sqft

Property Description

High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit, to a third 1-bedroom unit. This is an investor-friendly setup with gas, electric, and water all separately metered, keeping utility responsibility on the tenants and helping protect operating margins. The property also offers a quiet wooded backyard, a feature that adds tenant appeal beyond the typical duplex offering. Convenient location near bus stops, major highway access, and downtown Robbinsdale makes it attractive for commuters and supports long-term occupancy. Ideal for investors seeking a stabilized asset with solid unit mix, tenant-paid utilities, recent improvements, and strong rental fundamentals in a desirable first-ring suburb location.

Listing Status:

Active

Data Last Updated:

April 17, 2026 at 4:16AM

Listing Office:

Meta Realty : 952-243-0037

MLS ID:

7054532

Interior

• Basement: Daylight/Lookout WindowsEgress Window(s)FinishedFull
• Heating: Hot Water

Exterior

• Parking: Asphalt

Construction

• Roofing: Asphalt
• General: Two

Location

• Road/Access: City Street
• HOA Amenities: Coin-op Laundry OwnedOtherPatio
• Originating MLS: northstar
• School District: Robbinsdale
• County: Hennepin

Lot

• Zoning: 1511821120029

Utilities

• Utilities: Circuit Breakers
• Water: City Water - In Street
• Sewer: City Sewer/Connected

Financial

• Source: northstar