$280,000
PENDING

409 Shakopee Ave E Shakopee, MN 55379

Estimated payment $1,794/month

Total Views 1,214
4 Beds
2 Baths
2,280 Sq Ft
$123 Price per Sq Ft

Highlights

  • Corner Lot
  • Eagle Creek Elementary School Rated A-
  • Forced Air Heating System

About This Home

Fantastic investment opportunity with this classic up/down duplex on a large corner lot! Great curb appeal with a stucco exterior, new aluminum soffits, fascia and window wraps, new roof, and two porches. Ideal, similar layout on both levels. Fresh neutral paint, new carpeting, and low maintenance vinyl plank flooring. Each unit has its own laundry and mechanicals and separately metered electric and gas. Newly insulated attic. Off street parking. Each unit was most recently rented for $1,170 per month with the tenant paying all utilities besides water/sewer and trash. The current owners never increased the rents during their ownership, so there should be room to increase rents, too. Convenient, centrally-located neighborhood near all of the best restaurants and retail that Shakopee offers. Quick close possible!

Listing Agent

Timothy Schepers

Park Street Realty, LLC Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1855

Home Design

  • Duplex
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Storage

Additional Features

  • Corner Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 279061070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,060

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1855
  • Above Grade Finished Sq Ft: 2280
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Storage Space, Unfinished
  • Living Area: 2280
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Porch
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 6
  • Amenities: Ceiling Fan(s),Porch
  • Appliances: Dryer,Gas Water Heater,Microwave,Range
  • Total Rooms: 6
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Pitched
  • Fencing: None
  • PatioPorchType: Covered,Front Porch,Porch

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictNumber: 720
  • SchoolDistrictPhone: 952-496-5006

Lot Info

  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 279061070
  • Tax Annual Amount: 3060
  • TaxWithAssessments: 3060.0000

Multi Family

  • Number Of Refrigerators: One Per Unit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,060 $290,100 $130,200 $159,900
2024 $2,982 $290,100 $130,200 $159,900
2023 $3,514 $278,500 $125,200 $153,300
2022 $3,298 $322,900 $125,200 $197,700
2021 $2,814 $259,500 $108,200 $151,300
2020 $3,086 $241,700 $90,400 $151,300
2019 $3,250 $232,800 $80,800 $152,000
2018 $2,572 $0 $0 $0
2016 $2,178 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 Pending -- -- --
06/08/2025 06/08/25 Off Market $280,000 -- --
05/31/2025 05/31/25 For Sale $280,000 +100.0% $123 / Sq Ft
08/20/2014 08/20/14 Sold $140,000 -17.6% $75 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $169,900 -- $92 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 Scott County Abstract & Title
Deed $140,000 Scott Cnty Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6729784

NorthstarMLS

APN: 27-906-107-0