5104 Abercrombie Drive, Edina, MN 55439 - MLS# 7098455
$499,900
Rare opportunity in a highly desirable Edina neighborhood with multiple possibilities for the next owner. This well located home offers flexibility to make updates over time, complete a more substantial renovation, or pursue a new construction opportunity. For investors, the property also presents an attractive opportunity to remodel and reposition in the neighborhood experiencing continued reinvestment and transformation. Wheater you're looking for a home you can improve and build equity in, an investment property, or a future site for a custom home, this property provides options. Enjoy the close proximity to shopping, dining, parks, trails, and everyday amenities. Build with our trusted custom builder "JB Woodfitter Homes" or bring your own builder and capitalize on this premier location!
Interior Information
Size & Levels
Bathrooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1960-1969, about 94% of occupied homes are owner-occupied, and the average commute is 20 minutes.
Cost of Ownership
Median home value
$631,900
Similar to the Edina median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$6,821/yr
Similar to the Edina median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,929/mo
Lower than the Edina median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$1,056/mo
Lower than the Edina median
Median monthly housing costs for owners without a mortgage.
Median rent
$2,634/mo
Higher than the Edina median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
94%
Higher than Edina overall
The share of occupied homes lived in by their owners.
Median year built
1964
Similar to the Edina median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1980-19894%
- 1970-197913%
- 1960-196947%
- 1950-195929%
Types of homes
The share of housing units in each building type.
- Single-family detached97%
Getting Around
Average commute
20 min
Similar to the Edina median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone63%
- Work from home26%
Homes with broadband
98%
Higher than Edina overall
The share of households with a broadband internet subscription.
