About This Home

This 7-bedroom, 4-bathroom residential multi family at 2733 Virginia Avenue N in New Hope, MN is listed for $550,000 ($172 per sqft). Built in 1965, the home offers 3,200 sqft of living space on a 0.37 acres lot.

Key Features

  • Built in 1965
  • 0.37 acre lot

Property Details

4 full
1965
Listing Description

Solid investment opportunity in a desirable New Hope location! This fully rented 4-unit property offers an attractive combination of established rental income and a well-maintained building. Each unit provides comfortable living space, while the clean, well-kept common areas create a welcoming environment for residents and add to the overall appeal of the property.

With all four units currently leased, this is an excellent opportunity for an investor looking for a property with established occupancy and income already in place. Conveniently located near shopping, dining, parks, schools, and major roadways, this property offers both tenant appeal and long-term investment potential.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

2733 Virginia Avenue N

New Hope, MN 55427

Twin Terra Linda 4th

Property Details

Parking

Parking LotDriveway

Heating

Hot Water(Heating)

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 2733 Virginia Avenue N is listed at $550,000 ($172/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.37 acre lot.

This property is listed by Kerby & Cristina Real Estate Experts.

KE

Kerby & Cristina Real Estate Experts

Agent at RE/MAX Results

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 7132087· Source: Northstar MLS· 35 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2733 Virginia Avenue N, New Hope, MN 55427

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