LakeMinnetonkaRealEstate.com Search Results

Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!

ACTIVE Status ⋅ 8 Beds ⋅ 4 Baths ⋅ 7159750 MLS ⋅ 1,150 SqFt.

Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!

5271 Eden Road, Mound

Listing courtesy of Reimagine Real Estate.

$699,000

Once-in-a-lifetime lakefront opportunity — duplex properties on the water are virtually unheard of, and this gem on Lake Langdon checks every box. With approximately 60 feet of pristine lakefront, your own private dock, and individual screened-in patios off each unit overlooking the water, the lifestyle this property offers is truly unmatched. It also is in walking distance to tons of parks and beaches, Surfside Bar and Grill, Caribou Coffee, Back Channel Brewing and so much more! Both units have been nicely renovated and feature 2 bedrooms and 2 bathrooms, granite countertops, stainless steel appliances, and quality finishes throughout. Enjoy stunning views of the lake right from inside each unit — whether you're cooking in the kitchen or relaxing in the living room, the scenery never gets old. Step outside onto your own private deck for even more of that gorgeous lakefront backdrop. Shared laundry is conveniently located on the lower level. Unit 2629 boasts a finished attic space — currently used as a bonus room and perfect for a home office, playroom, or additional sleeping area (not counted in the bedroom total). The attic on the opposite unit offers exciting potential to finish for added square footage and even more usable living space. The income potential here is proven — unit 2627 was previously rented by the current owners for $3,000/month. There is no rental license required, which is an added perk. Live in one unit and let the other help pay your mortgage, or lease both and maximize your return on this rare lakefront asset. Seller is open to any and all offers!

ACTIVE Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7157299 MLS ⋅ 2,188 SqFt.

Once-in-a-lifetime lakefront opportunity — duplex properties on the water are virtually unheard of, and this gem on Lake Langdon checks every box. With approximately 60 feet of pristine lakefront, your own private dock, and individual screened-in patios off each unit overlooking the water, the lifestyle this property offers is truly unmatched. It also is in walking distance to tons of parks and beaches, Surfside Bar and Grill, Caribou Coffee, Back Channel Brewing and so much more! Both units have been nicely renovated and feature 2 bedrooms and 2 bathrooms, granite countertops, stainless steel appliances, and quality finishes throughout. Enjoy stunning views of the lake right from inside each unit — whether you're cooking in the kitchen or relaxing in the living room, the scenery never gets old. Step outside onto your own private deck for even more of that gorgeous lakefront backdrop. Shared laundry is conveniently located on the lower level. Unit 2629 boasts a finished attic space — currently used as a bonus room and perfect for a home office, playroom, or additional sleeping area (not counted in the bedroom total). The attic on the opposite unit offers exciting potential to finish for added square footage and even more usable living space. The income potential here is proven — unit 2627 was previously rented by the current owners for $3,000/month. There is no rental license required, which is an added perk. Live in one unit and let the other help pay your mortgage, or lease both and maximize your return on this rare lakefront asset. Seller is open to any and all offers!

2627 Commerce Boulevard, Mound

Listing courtesy of Financially Free, LLC.

$399,000

Fantastic investment opportunity in Mound! Unit 5019 has been newly renovated, is vacant and is ready to rent! 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.

ACTIVE Status ⋅ 6 Beds ⋅ 2 Baths ⋅ 7156572 MLS ⋅ 2,412 SqFt.

Fantastic investment opportunity in Mound! Unit 5019 has been newly renovated, is vacant and is ready to rent! 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.

5017-5019 Shoreline Drive, Mound

Listing courtesy of 10K Realty.

$381,000

Impeccable, Immaculate, turn-key duplex in sought after Mound location! Main floor unit is bright and full of light, and boasts two good size bedrooms, a full bathroom, kitchen and living/dining room. Kitchen opens to living area with bar area, and has updated cabinets and counters. Beautiful hardwood floors on main level as well, with updated windows/siding/deck too. Lower level has its own separate entrance, and has a spacious bedroom, living room, kitchen and bathroom. This is the definition of turnkey; updated furnace and central AC, newer tankless water heater, radon mitigation, newer kitchens and baths, separate laundry in each unit. Rent out the whole building, or perfect for an owner-occupant to use the other unit to cover mortgage payments. Each unit has its own off-street parking as well.

CLOSED Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7026972 MLS ⋅ 1,564 SqFt.

Impeccable, Immaculate, turn-key duplex in sought after Mound location! Main floor unit is bright and full of light, and boasts two good size bedrooms, a full bathroom, kitchen and living/dining room. Kitchen opens to living area with bar area, and has updated cabinets and counters. Beautiful hardwood floors on main level as well, with updated windows/siding/deck too. Lower level has its own separate entrance, and has a spacious bedroom, living room, kitchen and bathroom. This is the definition of turnkey; updated furnace and central AC, newer tankless water heater, radon mitigation, newer kitchens and baths, separate laundry in each unit. Rent out the whole building, or perfect for an owner-occupant to use the other unit to cover mortgage payments. Each unit has its own off-street parking as well.

5958 Hillcrest Road, Mound

Listing courtesy of RE/MAX Results.

$440,000

Rare Lake Area Duplex – Prime Investment Opportunity Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity. Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining. 2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit. Income. Scarcity. Location. Long-term upside.

CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7020651 MLS ⋅ 2,092 SqFt.

Rare Lake Area Duplex – Prime Investment Opportunity Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity. Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining. 2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit. Income. Scarcity. Location. Long-term upside.

2128 Cedar Lane, Mound

Listing courtesy of National Realty Guild.

$497,500

RARE Lake Minnetonka view turnkey duplex with assumable loan at 4.125%! Each unit has 3 beds and 1 full bath with a large bathroom vanity. The updates are practically endless, brand new roof, siding, driveway, garage doors, two 200 amp electrical breaker boxes and fresh landscaping. Other recent updates include LVP flooring throughout, boiler, in-unit laundry, and new patio sliding door on lower level. Backyard is shaded and private with a private no-maintenance new deck and railings for the upper unit and patio walkout basement for the lower unit. The deck, patio and entire backyard have views of Spring Park Bay of Lake Minnetonka. It also has 2 single garage stalls so each unit can have one off street parking in addition to their garage parking. Ready for owner occupier buyer or investor!

CLOSED Status ⋅ 6 Beds ⋅ 2 Baths ⋅ 6778635 MLS ⋅ 2,316 SqFt.

RARE Lake Minnetonka view turnkey duplex with assumable loan at 4.125%! Each unit has 3 beds and 1 full bath with a large bathroom vanity. The updates are practically endless, brand new roof, siding, driveway, garage doors, two 200 amp electrical breaker boxes and fresh landscaping. Other recent updates include LVP flooring throughout, boiler, in-unit laundry, and new patio sliding door on lower level. Backyard is shaded and private with a private no-maintenance new deck and railings for the upper unit and patio walkout basement for the lower unit. The deck, patio and entire backyard have views of Spring Park Bay of Lake Minnetonka. It also has 2 single garage stalls so each unit can have one off street parking in addition to their garage parking. Ready for owner occupier buyer or investor!

4660 Suffolk Road, Mound

Listing courtesy of Jason Mitchell Group.

$362,500

Welcome to a standout property in a prime Mound location—just steps from Belmont Park and a block from Lake Minnetonka’s Harrisons Bay! Own for less than rent, house hacking at its finest! Owner occupied or straight investment options. This flexible 4BR/2BA home offers tons of potential with updated mechanicals, a two-car garage, and separate laundry on both levels. Inside you’ll find a mix of modern updates and classic charm—stainless appliances, hardwood floors, tile accents, and generous storage throughout. With a layout ideal for either single-family living or a duplex setup, this home is perfect for both homeowners and investors. So many possibilities in a location that’s tough to beat!

CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 6703772 MLS ⋅ 1,799 SqFt.

Welcome to a standout property in a prime Mound location—just steps from Belmont Park and a block from Lake Minnetonka’s Harrisons Bay! Own for less than rent, house hacking at its finest! Owner occupied or straight investment options. This flexible 4BR/2BA home offers tons of potential with updated mechanicals, a two-car garage, and separate laundry on both levels. Inside you’ll find a mix of modern updates and classic charm—stainless appliances, hardwood floors, tile accents, and generous storage throughout. With a layout ideal for either single-family living or a duplex setup, this home is perfect for both homeowners and investors. So many possibilities in a location that’s tough to beat!

5516 Tonkawood Road, Mound

Listing courtesy of Keller Williams Realty Integrity Lakes.

$530,000

Check out this renovated duplex just steps from Lake Minnetonka! This gem is a perfect investment property or an opportunity to live in one unit while letting the other pay your mortgage. Both kitchens were updated in 2022 with new cabinetry, granite, and quartz countertops, plus tile flooring. The bathrooms were fully renovated with new tile flooring, vanities, tubs, and marble tile. Enjoy brand new laminate flooring. The property features new windows and sliding glass doors in 2022, a new roof in 2021, and new Hardy siding in 2022. Plus, there's a concrete driveway and a patio with stunning views of Lake Minnetonka. Located within walking distance to parks, bus lines, and beaches, this property is also eligible for the dock program through city of Mound. Don't miss out on this incredible opportunity!

CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 6582313 MLS ⋅ 1,968 SqFt.

Check out this renovated duplex just steps from Lake Minnetonka! This gem is a perfect investment property or an opportunity to live in one unit while letting the other pay your mortgage. Both kitchens were updated in 2022 with new cabinetry, granite, and quartz countertops, plus tile flooring. The bathrooms were fully renovated with new tile flooring, vanities, tubs, and marble tile. Enjoy brand new laminate flooring. The property features new windows and sliding glass doors in 2022, a new roof in 2021, and new Hardy siding in 2022. Plus, there's a concrete driveway and a patio with stunning views of Lake Minnetonka. Located within walking distance to parks, bus lines, and beaches, this property is also eligible for the dock program through city of Mound. Don't miss out on this incredible opportunity!

1585-1587 Gull Lane, Mound

Listing courtesy of Be Realty.

$550,000

Renovated historic carriage house duplex on Lake Langdon in Mound with 60+ feet of Lakeshore! Lake Langdon is a fully recreational lake for boating. Walking distance to restaurants and across the street from the beach on Lake Minnetonka. Side x side duplex with 2 bedrooms, 2 baths and high end finishes. Screened porches just feet from the lake. Shared laundry in lower level and separate entrance for mechanical room. Interior renovations are complete with stainless steel appliances, high end flooring and cabinetry. Rare red wood siding has been restored. Exterior work is getting completed now! Paved driveway and sidewalks will be installed soon! All new HVAC, electrical and plumbing including new under-slab plumbing and main water line to street. Completely turnkey duplex.

CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6442524 MLS ⋅ 2,188 SqFt.

Renovated historic carriage house duplex on Lake Langdon in Mound with 60+ feet of Lakeshore! Lake Langdon is a fully recreational lake for boating. Walking distance to restaurants and across the street from the beach on Lake Minnetonka. Side x side duplex with 2 bedrooms, 2 baths and high end finishes. Screened porches just feet from the lake. Shared laundry in lower level and separate entrance for mechanical room. Interior renovations are complete with stainless steel appliances, high end flooring and cabinetry. Rare red wood siding has been restored. Exterior work is getting completed now! Paved driveway and sidewalks will be installed soon! All new HVAC, electrical and plumbing including new under-slab plumbing and main water line to street. Completely turnkey duplex.

2627 Commerce Boulevard, Mound

Listing courtesy of Coldwell Banker Realty.