Seller's Agent in 2025
Dacota Weinzetl
Realty Group LLC
(763) 568-9514
58 Total Sales
58 Birch Ave S Maple Lake, MN 55358
4
Beds
5
Baths
2,428
Sq Ft
7,405
Sq Ft Lot
About This Home
As of July 2025Unlock a prime investment opportunity with this versatile four-plex featuring a commercial storefront, all offered by a motivated landlord ready for a new chapter. This property combines residential and commercial potential, providing a unique opportunity for savvy investors or entrepreneurial homeowners. Looking for additional revenue income you can wall off the commercial space into two separate units to maximize rental return.
The building includes:
Two Renovated Residential Units: Modern upgrades ensure these units are move-in ready, offering immediate appeal to renters. One lower level unit with tenant in place.
Commercial Storefront: Perfect for a business venture or additional rental income, the storefront provides flexibility and visibility in a vibrant area.
Below-Market Rents: Current rental rates are under market value, presenting an immediate chance for increased equity and cash flow.
This property is not just a real estate investment—it's a chance to capitalize on below-market rents and a prime location. Whether you're looking to expand your portfolio or find a new business location, this four-plex offers the potential for significant returns. Act now to seize this opportunity and transform it into a profitable venture!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,988
Year Built
- Built in 1910
Interior Spaces
- 2,428 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Partially Finished Basement
- Partial Basement
- Crawl Space
Additional Features
- Lot Dimensions are 150x50x150x50
- Boiler Heating System
Community Details
- 4 Units
- Original Maple Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 110010004070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2024
Closed on
Jul 21, 2025
Sold by
T & M Gagnon Properties Llc
Bought by
Patriot Realty Partners Llc
Seller's Agent
Dacota Weinzetl
Realty Group LLC
Buyer's Agent
Dustin Wright
Luke Team Real Estate
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Views
129
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$274,500
Outstanding Balance
$274,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$32,750
Purchase Details
Closed on
Jul 17, 2017
Sold by
Gagnon Millicent and Gagnon Millicent J
Bought by
T & M Gagnon Properties Llc
Purchase Details
Closed on
May 3, 2017
Sold by
Gagnon Thomas S and Gagnon Millicent S
Bought by
Gagnon Millicent J
Purchase Details
Closed on
Apr 24, 2017
Sold by
Gagnon Thomas S and Gagnon Millicent
Bought by
Gagnon Millicent J
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $305,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $305,000 | +1.7% | $126 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $299,999 | -7.7% | $124 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $325,000 | 0.0% | $134 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $325,000 | +6.6% | $134 / Sq Ft |
| 12/06/2024 12/06/24 | Off Market | $305,000 | -- | -- |
| 09/28/2024 09/28/24 | Price Changed | $300,000 | -24.1% | $124 / Sq Ft |
| 09/05/2024 09/05/24 | Price Changed | $395,000 | -1.3% | $163 / Sq Ft |
| 07/29/2024 07/29/24 | For Sale | $400,000 | -- | $165 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,364 | $203,900 | $35,000 | $168,900 |
| 2024 | $2,988 | $136,600 | $35,000 | $101,600 |
| 2023 | $2,916 | $131,600 | $30,000 | $101,600 |
| 2022 | $3,036 | $118,900 | $26,300 | $92,600 |
| 2021 | $3,104 | $112,000 | $24,400 | $87,600 |
| 2020 | $3,212 | $109,900 | $24,400 | $85,500 |
| 2019 | $3,254 | $74,300 | $0 | $0 |
| 2018 | $3,296 | $33,200 | $0 | $0 |
| 2017 | $2,344 | $105,500 | $0 | $0 |
| 2016 | $3,500 | $0 | $0 | $0 |
| 2015 | $3,546 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dacota Weinzetl
-
Dustin Wright
D
Buyer's Agent in 2025
Dustin Wright
Luke Team Real Estate
(763) 463-9490
26 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6572277
APN: 110-010-004070
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