$275,000
$25K PRICE DROP

5340 Main St E Maple Plain, MN 55359

Estimated payment $1,678/month

Total Views 1,802
2 Beds
2 Baths
1,113 Sq Ft
$247 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Veterans Memorial Park
  • Schumann Elementary School Rated A-
  • Forced Air Heating System

About This Home

Great opportunity to purchase a duplex in Maple Plain. A property that gives you options, income, and future potential, all in one smart investment. This charming side-by-side features two 1-bedroom, 1-bath units, making it the perfect property with multiple options: 1. Live in one side and rent the other to help cover your mortgage payment. 2. Use as traditional duplex and rent both sides. 3 Live in both units—home on one side, office, guest space, or hobby area on the other.
4. With strong redevelopment potential, this could be the ideal site for a future apartment or multi-unit project with the houses next door. (currently for sale and coming soon for sale) Two car oversized detached garage, storage shed, a walkable Main Street location, and easy access to everything Maple Plain has to offer. Good storage in basement. Orono Schools!!

Listing Agent

Jeff Garthwait

Orono Realty Inc Listed on: 02/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 50x130
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Insulated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2411824340050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,139

Year Built

Built in 1937

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1937
  • Above Grade Finished Sq Ft: 1113
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Sump Pump
  • Living Area: 1113
  • Basement YN: Yes
  • Amenities: Kitchen Window, Porch
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Number Of Fireplaces: 1
  • Appliances: Range, Refrigerator

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched

Garage/Parking

  • Parking Features: Detached Garage, Asphalt, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 9524498305

Lot Info

  • Lot Size: 50x130
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2411824340050
  • Tax Annual Amount: 3139
  • TaxWithAssessments: 0

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Two

Map

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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
2024 $3,097 $189,100 $55,000 $134,100
2023 $2,879 $193,000 $57,200 $135,800
2022 $2,103 $185,000 $55,000 $130,000
2021 $1,928 $165,000 $55,000 $110,000
2020 $2,038 $153,000 $50,000 $103,000
2019 $2,003 $153,000 $50,000 $103,000
2018 $2,042 $146,000 $47,000 $99,000
2017 $1,925 $132,000 $47,000 $85,000
2016 $1,871 $129,000 $52,000 $77,000
2015 -- $114,000 $42,000 $72,000
2014 -- $107,000 $42,000 $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Price Changed $275,000 -3.5% $247 / Sq Ft
02/11/2026 02/11/26 Price Changed $285,000 -5.0% $256 / Sq Ft
02/03/2026 02/03/26 For Sale $300,000 -- $270 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7014008

NorthstarMLS

APN: 24-118-24-34-0050

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