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For Sale:  Maple Plain MLS# 7165054

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Active NEW!
$570,000
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 4 ba • Built 1980
3,839 sqft • 0.5 acres
Orono schools
MLS# 7165054
763-576-8286
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    Property Description

    Excellent opportunity for investors, owner-occupants, or anyone looking to expand their real estate portfolio! This multi-family duplex offers the flexibility of two separate living spaces with the potential to generate rental income while building long-term equity. Whether you're an investor seeking your next income-producing property or a buyer looking to live in one unit while renting the other, this property presents an exciting opportunity. Located in a residential neighborhood in Maple Plain, with convenient access to local amenities, parks, shopping, dining, and commuting routes. A rare opportunity to explore the possibilities of duplex ownership in a desirable west metro community. Don't miss your chance to invest in a property with versatile living options and long-term potential!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $570,000
    Price per sq ft: $148
    Property Type: Multi-family
    City: Maple Plain
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1980
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55359
    Subdivision Name: Three Oaks 2nd Add

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 3,839 ft2
    Living Area: 3,839 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 572 ft2
    Foundation Size: 4,411 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities: Deck
    Road Frontage: City Street
    Pool: None

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.5
    Geolocation: 45.005001, -93.673412
    Lot Dimensions: Irregular
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 278
    District Phone: 9524498305

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,000
    Annual Fuel Expense: $2,000
    Annual Insurance Expense: $3,500
    Annual Maintenance Expense: $5,500
    Annual Trash Expense: $500
    Annual Water/Sewer Expense: $2,000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,208
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,208

    Income

    Annual Gross Income: $53,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of JPW Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.