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$795,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1978
3,172 sqft • 0.37 acres
Minnetonka schools
MLS# 6821490
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    Property Description

    Fully Remodeled Duplex—each side features 3 bedrooms and 2 bathrooms. One unit is currently rented, making this a great opportunity for either an owner-occupant or an investor. Each side has its own separate mechanicals, including furnace, A/C, water heater, and a Comers water filtration system. Both units also have in-unit laundry with a washer and dryer. Located on a wooded cul-de-sac with mature trees and just blocks from Groveland Elementary in the much-desired Minnetonka School District. Owner-occupants enjoy deeded access to Lake Minnetonka through the Herzog Acres Association. Recent Updates: New roof - 2025, New Andersen windows and sliding glass doors - 2024. New electric fireplace inserts - 2024. New Floors, Granite countertops, fresh paint, and new light fixtures. Wayzata location close to shops, restaurants, parks, trails, and Lake Minnetonka and easy access to 494.

    Listing

    Contingency: None
    Price per sq ft: $251
    City: Minnetonka
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55391
    Subdivision Name: Sullivan Acres

    Interior

    Living Area: 3,172 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Foundation Size: 1,922 ft2
    Foundation Dimensions: 62x31
    Handicap Accessible: None
    Road Responsibility: Private Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Tuckunder Garage
    Road Frontage: Private Road
    Exterior Material:
    • Brick/Stone
    • Cedar
    • Stucco
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Lot & Land

    Acres: 0.37
    Geolocation: 44.945441, -93.501609
    Lot Dimensions: Common
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    Schools

    School District: 276
    District Phone: 952-401-5000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,624
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,624

    Income

    Annual Gross Income: $26,400

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.