NOT LISTED FOR SALE

409 Shakopee Ave E Shakopee, MN 55379

Shakopee Area

Estimated Value: $281,000 - $324,625

4 Beds
2 Baths
2,280 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2025

Last sale price $290,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,908 / mo

14 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating System
  • Shakopee Senior High School Rated A-
  • Laundry Room

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Timothy Schepers

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

Last Buyer's Agent

Marcos De Filippo

Fuze Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1855

Lot Details

  • Corner Lot
  • Few Trees

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Pitched Roof
  • Architectural Shingle Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Laundry in Basement
  • Basement Storage

Additional Features

  • Covered Patio or Porch
  • 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

6,098 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Outside Features: Metal, Stucco
  • 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
  • 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, Washer/Dryer Hookup
  • Appliances: Dishwasher, Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Amenities: Ceiling Fan(s), Porch, Washer/Dryer Hookup
  • Appliances: Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Washer, Water Softener - Owned

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Foundation Details: Brick/Mortar, Stone
  • PatioPorchType: Covered, Front Porch, Porch

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Gas Dryer Hookup, Laundry Room, Sink, Washer Hookup
  • Electric: Fuses
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictPhone: 9524965006

Lot Info

  • Waterfront YN: No
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

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

Multi Family

  • Number Of Refrigerators: One Per Unit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 20, 2014
Sold by
Brown Jean M
Bought by
Seller's Agent
David Brown
Dave Brown, REALTORS
Buyer's Agent
David Brown
Dave Brown, REALTORS
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%
Current Estimated Value
$299,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,656
Avg. Annual Appreciation
6.52%
Original Mortgage
$90,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Shakopee, MN

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Scott Cnty Abstract & Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,500
Closed Riehle Joseph A $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2025 07/08/25 Sold $290,000 0.0% $127 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/08/2025 06/08/25 Off Market $290,000 -- --
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 View Prior Sale
08/10/2014 08/10/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $169,900 -- $92 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,060 $303,200 $130,200 $173,000
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

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6729784

NorthstarMLS

APN: 27-906-107-0

Your Personal Tour Guide

Ask me questions while you tour the home.