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For Sale:  Mound MLS# 7125283

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Active NEW!
$439,900
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 2 ba • Built 1970
2,412 sqft • 0.3 acres
Westonka schools
MLS# 7125283
763-576-8286
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    Property Description

    Fantastic investment opportunity in Mound! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 1 bathroom, making it an excellent addition to a rental portfolio or a great option for an owner-occupant. Both units feature nice updates, comfortable living spaces, and their own private laundry for added convenience. Each unit also has its own garage, providing valuable additional parking and storage. The property sits on a large yard with plenty of outdoor space and a more private setting for tenants to enjoy. Current rents are below market value, offering potential upside for a new owner and an opportunity to increase future rental income. With two 3-bedroom units, separate laundry, garage space for each unit, and a generous yard, this property offers many of the features tenants look for in a rental. Conveniently located in Mound near Lake Minnetonka, parks, shopping, dining, schools, and other area amenities. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers a great combination of space, location, privacy, and income potential.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $439,900
    Price per sq ft: $182
    Property Type: Multi-family
    City: Mound
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1970
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55364
    Subdivision Name: John S Carlson Add

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 2,412 ft2
    Living Area: 2,412 ft2
    Basement Details: Finished

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Dimensions: 23x36
    Garage Size: 859 ft2
    Foundation Size: 1,850 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Exterior Material: Block

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.3
    Geolocation: 44.936624, -93.650844
    Lot Dimensions: 60 x 218
    Zoning: Residential-Multi-Family

    Schools

    School District: 277
    District Phone: 9524918001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,207
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,207

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of 10K Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.