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$890,000

2 Beds 1 Baths 8,016 SQFT 0.44 Acres
Type: Multi-Family

5271 Eden Road
Mound, MN 55364

MLS#: 7159750
Karen Stiles
Karen Stiles
The Real Estate Advantage
Agent
Phone: 651.329.4735
Office: 952.226.7700
Presented by: Reimagine Real Estate

Property Description

 

Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area8,016 sqft
BasementPartially Finished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet440

General

AccessibilityNone
Additional Parcels Y/NNo
CityMound
ContingencyNone
CountyHennepin
DirectionsCty. Rd. 15 to Wilshire, South to Eden Road, East to Property
Electric Expense160
Fuel Expense50
Garage Spaces2
Gross Income90100
HeatingForced Air
High School DistrictWestonka
Insurance Expense9600
Land Lease Y/NNo
Lender OwnedNo
LevelsSplit Entry (Bi-Level)
Living Area8,016 sqft
Lot Size UnitsAcres
MaintenanceExpense5200
New ConstructionNo
Number Of Units Total4
Operating Expense38400
PostalCityMound
Property SubtypeFourplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameShirley Hills Unit F
Tax Annual Amount$10,121
Tax Year2026
Trash Expense260
Water Sewer Expense4300
Year Built1985

Exterior

Building Area Total8,016 sqft
Foundation Area4,400 sqft
Lot Dimensions125x288
Lot Size Area0 sqft
Parking FeaturesTuckunder Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$890,000

2 Beds 1 Baths 8,016 SQFT 0.44 Acres
Type: Multi-Family

5271 Eden Road
Mound, MN 55364

MLS#: 7159750
Karen Stiles
Karen Stiles
The Real Estate Advantage
Agent
Phone: 651.329.4735
Office: 952.226.7700