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Mark Johnson

mrjohnson@cbburnet.com +1(612) 597-8073

$ 299,000

Est. payment | -/mo

2 Beds

2 Baths

1,706 SqFt

Save Virtual Tour

$ 299,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,706 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,706 sqft

Price per Sqft $175

Subdivision Pattees Hillcrest

MLS Listing ID 7104668

Bedrooms 2

Year Built 1930

Annual Tax Amount $3,680

Tax Year 2026

Contingent None

Lot Size 7,840 Sqft

Lot Dimensions 50 x 160

Property Sub-Type Other

Property Description

Unique four-unit investment opportunity in a highly desirable location near Lake Minnetonka and area trail systems. This non-conforming property features three separate buildings consisting of a duplex and two detached tiny homes, with four separate mailing addresses. The property has an exceptional rental history with no vacancy in the past 15 years, and all four units are currently occupied. The duplex offers one-bedroom units, each with a kitchen, family room, basement storage, private laundry, and attached garage stall. The detached tiny homes provide additional rental flexibility and strong tenant appeal with affordability. Recent improvements include a duplex remodel with new refrigerator and stove in 2022, new siding and two windows on the duplex in 2025, three new furnaces serving both duplex units and the larger tiny home in 2025, a new furnace motherboard in the smaller tiny home in 2025, and new siding on the larger tiny home in 2024. New side deck/stairs on duplex in 2026. The property offers significant upside potential for investors willing to make additional improvements. Being sold as-is and priced accordingly to reflect condition. Rare opportunity to acquire an income-producing property in a sought-after Lake Minnetonka area location.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Partial, Storage Space

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Attached Garage, Gravel, Other

Garage Spaces 2.0

Pool None

Roof Type Age Over 8 Years,Asphalt,Pitched

Building

Lot Description Tree Coverage - Medium

Story One

Foundation 1040

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Westonka

Others

Virtual Tour https://listings.squarefeetfloorplans.com/sites/rqlyopjv/unbranded

Listed by Ryan Platzke • Coldwell Banker Realty - Southwest Regional

Nearby Locations

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+1(612) 597-8073

mrjohnson@cbburnet.com

4365 Warren AVE Spring Park, MN 55384