5017 Shoreline Dr Mound, MN 55364
Mound AreaEstimated payment $2,724/month
Highlights
- 1-Story Property
- Forced Air Heating System
- 2-minute walk to Carlson Park
- Shirley Hills Primary School Rated A
About This Home
Fantastic investment opportunity in Mound! 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,207
Year Built
- Built in 1970
Parking
- 4 Car Garage
Home Design
- Duplex
- Block Foundation
- Block Exterior
Interior Spaces
- 1-Story Property
- Finished Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- Lot Dimensions are 60x218
- Forced Air Heating System
Community Details
- 2 Units
- John S Carlson Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1311724430002
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,207 | $377,600 | $91,000 | $286,600 |
| 2024 | $5,001 | $371,900 | $91,000 | $280,900 |
| 2023 | $5,784 | $406,400 | $130,000 | $276,400 |
| 2022 | $3,642 | $396,000 | $127,000 | $269,000 |
| 2021 | $3,682 | $318,000 | $91,000 | $227,000 |
| 2020 | $3,370 | $320,000 | $102,000 | $218,000 |
| 2019 | $3,009 | $277,000 | $70,000 | $207,000 |
| 2018 | $3,036 | $248,000 | $45,000 | $203,000 |
| 2017 | $2,869 | $223,000 | $47,000 | $176,000 |
| 2016 | $2,495 | $192,000 | $47,000 | $145,000 |
| 2015 | $2,456 | $188,000 | $47,000 | $141,000 |
| 2014 | -- | $159,000 | $47,000 | $112,000 |
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 |
|---|---|---|---|---|
| 09/08/2026 09/08/26 | Price Changed | $415,000 | -5.7% | $172 / Sq Ft |
| 08/11/2026 08/11/26 | For Sale | $439,900 | -- | $182 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7125283
APN: 13-117-24-43-0002
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Ask me questions while you tour the home.