Estimated payment $2,833/month
Highlights
- Lake View
- Deck
- Baseboard Heating
- Hilltop Primary School Rated A
- Patio
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,161
Year Built
- Built in 1979
Lot Details
- Lot Dimensions are 110x120
- Chain Link Fence
- Few Trees
Parking
- 2 Car Garage
- Tuck Under Garage
Home Design
- Duplex
- Split Level Home
- Frame Construction
- Block Exterior
Interior Spaces
- Lake Views
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Baseboard Heating
Community Details
- 2 Units
- Abraham Lincoln Add Lake Side Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 1311724310075
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,161 | $383,800 | $91,000 | $292,800 |
| 2023 | $5,209 | $408,300 | $117,000 | $291,300 |
| 2022 | $4,362 | $392,000 | $114,000 | $278,000 |
| 2021 | $4,391 | $304,000 | $82,000 | $222,000 |
| 2020 | $4,191 | $305,000 | $92,000 | $213,000 |
| 2019 | $4,537 | $271,000 | $70,000 | $201,000 |
| 2018 | $3,628 | $235,000 | $45,000 | $190,000 |
| 2017 | $3,482 | $206,000 | $47,000 | $159,000 |
| 2016 | $3,147 | $179,000 | $47,000 | $132,000 |
| 2015 | $3,136 | $177,000 | $47,000 | $130,000 |
| 2014 | -- | $154,000 | $47,000 | $107,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2026 04/10/26 | Pending | -- | -- | -- |
| 03/06/2026 03/06/26 | Price Changed | $450,000 | -14.3% | $215 / Sq Ft |
| 02/21/2026 02/21/26 | For Sale | $525,000 | -- | $251 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7020651
APN: 13-117-24-31-0075
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Ask me questions while you tour the home.