Duplex for Sale Fridley MN
The Duplexes of Fridley MN
What Does the Multi-Family Landscape Look Like?
Fridley is a hotbed for duplexes and other small multi-family properties. There’s a unique opportunity to explore here, because not every Twin Cities suburb can boast the same.
If you’re on the hunt for a suburban duplex, this might be just the right place to look.
The city of Fridley, MN is located in Anoka County and hosts a population of just under 30,000. It’s nestled just to the east of Brooklyn Center and neighbors New Brighton, Columbia Heights, and Spring Lake Park.
About The Duplex Doctors
The Top Sellers of Duplexes in MN
We don’t call ourselves The Duplex Doctors as some kind of gimmick – our specialty really is small multi-family properties.
Our experienced team comes from diverse backgrounds, but each member has a unique perspective that comes with years of experience in the real estate investing market.
We know the duplexes of Minnesota inside and out.
Fridley Duplex Competent
In real estate, it’s important to ensure that your agent actually understands the market that they’re going to guide you through.
Our team has helped clients buy and sell over 300 investment properties all over the greater Twin Cities metro.
If you’re looking for a duplex in Fridley, we’ll help you to not only find one, but to get your hands on the absolute best deal available.
We’ll Help You to Get Into a Great Duplex
Investing in Fridley
Many suburban duplex owners are owner-occupants or investors who live near to the property and want to make things easier on themselves.
That said, Fridley can be a great investment for reasons beyond that. According to RentCafe, the average rental unit in Fridley goes for about $1,085 in rent per month. Many two and three bedroom units can go for much more than that.
Fridley has also enjoyed significant appreciation as of late, and Zillow is predicting that home prices will rise another 8% next year.
Unmatched in MN Duplex Knowledge (and Sales!)
Financing a Duplex
If you’re interested in a duplex but aren’t sure if you can qualify for one, we have some great news!
First of all, almost everyone who qualifies for a single-family home can qualify for a duplex. There are actually special programs in place that allow mortgage lenders to consider a portion of the rental income a duplex as your income when you’re qualifying – that actually raises your potential lending limit in many cases.
Duplexes can also be purchased with FHA, VA, and conventional loans for those who qualify for them. In some cases, you can even put down a down payment as low as 3.5% (when you qualify to utilize FHA.)