5035 3rd Street NE is a well-maintained seven-unit multifamily property featuring all one-bedroom layouts, an on-site office, and additional storage. Located in the high-demand Fridley submarket, just minutes from Northeast Minneapolis, the property offers modern updates throughout, including mini-split heating and cooling systems, newer windows, and refreshed interiors. The building’s configuration and accessible location make it well-suited for traditional multifamily operations or service-based housing models, such as ICS, group residential, or sober living. With strong in-place income, convenient access to major highways, retail, and healthcare facilities, this property offers a stable turnkey investment with long-term growth potential in a sought-after Twin Cities market.