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Forest Lake, MN Multifamily Homes & Duplexes for Sale

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    $335,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft

    901 12th St SW, Forest Lake, MN 55025

    Turn-key side-by-side duplex in a high-demand Forest Lake rental market! Both units are fully leased, delivering immediate cash flow. Each spacious 1,200 sq ft unit offers 3 BR, 2 BA, in-unit washer/dryer, and brand-new flooring and carpet installed July 2025. New refrigerator and stove in 903 as of October 2025 and new stove in 901 as of November 2025. Tenants love the fenced yard, each with

    Timothy May Bridge Realty, LLC

    901 12th St SW, Forest Lake, MN 55025
  • /22

    $269,900

    • 2 Beds
    • 1 Bath
    • 1,011 Sq Ft

    4715 Wyngate Blvd, Forest Lake, MN 55025

    Perfectly situated just off Highway 35, this home offers the ideal blend of convenience and tranquility. Step inside to be greeted by the warmth of natural woodwork and the elegance of new flooring throughout. The open floor plan creates a spacious and inviting atmosphere, perfect for entertaining guests or relaxing at home. The modern kitchen boasts new stainless steel appliances and stylish

    Loryn Ferdelman Real Broker, LLC

    4715 Wyngate Blvd, Forest Lake, MN 55025
  • /22

    $339,885 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,517 Sq Ft

    6231 205th St N, Forest Lake, MN 55025

    Ask about how to qualify for a 4.5% 7/6 ARM with the use of the Seller's Preferred Lender! Welcome to Shadow Creek Estates in Forest Lake! This 3-bedroom, 2.5-bath townhome is currently under construction and set for completion in February! The open-concept main level features a spacious dining area and a cozy family room with an electric fireplace, perfect for relaxing or entertaining. The

    Kaylee Schultz Lennar Sales Corp

    6231 205th St N, Forest Lake, MN 55025
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    $344,945 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,722 Sq Ft

    6289 205th St N, Forest Lake, MN 55025

    Home is complete and move in ready! Ask about how to qualify for a 4.5% 7/6 ARM with the use of the Seller's Preferred Lender! This new two-story end-unit townhome combines comfort and convenience with a double-height foyer to welcome residents and guests into the home. Down the hall is a Great Room with an electric fireplace for shared moments, a dining room for memorable meals and a modern

    Kaylee Schultz Lennar Sales Corp

    6289 205th St N, Forest Lake, MN 55025
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    $340,000 Pre-Foreclosure

    • 3 Beds
    • 2.5 Baths
    • 1,622 Sq Ft

    22332 Lilac Way, Forest Lake, MN 55025

    Seller to pay 1 year of HOA dues for Buyer, PLUS a 1-year home warranty. This unit has 3 bed/3 bath townhome with all living on one-level, built by C&E Wurzer Builders. Unit was recently painted, has new carpet on upper level and luxury wood plank flooring throughout the main floor. Cozy up to the gas fireplace in the living room, and enjoy quarts countertops in the kitchen and all baths. Main

    Janet Banken Edina Realty, Inc.

    22332 Lilac Way, Forest Lake, MN 55025

Why Live in Forest Lake

Forest Lake, MN, is a small community located in northwestern Washington County, named after the 2,300-acre lake at its center. Known for its water-oriented lifestyle, Forest Lake offers residents a small-town feel with amenities typically found in larger communities. The area boasts 23 parks and 12 miles of paved bike paths, with Lakeside Park providing beach access, a boat dock, and scenic views. Tower Park features outdoor ice rinks and connects to the Hardwood Creek Regional Trail. The community experiences all four seasons, including hot summers and cold winters with an average of 54 inches of snowfall annually. Forest Lake is home to over 20,000 residents, with top employers like the Forest Lake Public School District. The schools in Forest Lake are highly rated, contributing to the area's appeal for families. The annual Fourth of July Celebration at Lakeside Park is a major event, featuring live music, a parade, and fireworks. Shopping is centered along Broadway Avenue, with name-brand stores like Walmart, Cub Foods, and Aldi, as well as local boutiques and eateries. The city is undergoing redevelopment to expand the downtown area and attract new businesses. Forest Lake is safer than the national average, with lower violent crime rates reported. For commuters, Minneapolis and Saint Paul are less than 30 miles away via Interstate-35, and the Minneapolis-Saint Paul International Airport is 30 miles away. Homes in Forest Lake range from affordable twin-style houses to expansive lakefront estates, reflecting the area's growing market and development.

Home Trends in Forest Lake, MN

Housing Trends

Median Sale Price
$429,900
Median Single Family Sale Price
$455,000
Median Townhouse Sale Price
$279,500
Average Price Per Sq Ft
$221
Number of Homes for Sale
61
Last 12 months Home Sales
323
Months of Supply
2.30
Median List Price
$429,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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