Property Listing
Description
Unique four-unit investment opportunity in a highly desirable location near Lake Minnetonka and area trail systems. This non-conforming property features three separate buildings consisting of a duplex and two detached tiny homes, with four separate mailing addresses. The property has an exceptional rental history with no vacancy in the past 15 years, and all four units are currently occupied. The duplex offers one-bedroom units, each with a kitchen, family room, basement storage, private laundry, and attached garage stall. The detached tiny homes provide additional rental flexibility and strong tenant appeal with affordability. Recent improvements include a duplex remodel with new refrigerator and stove in 2022, new siding and two windows on the duplex in 2025, three new furnaces serving both duplex units and the larger tiny home in 2025, a new furnace motherboard in the smaller tiny home in 2025, and new siding on the larger tiny home in 2024. New side deck/stairs on duplex in 2026. The property offers significant upside potential for investors willing to make additional improvements. Being sold as-is and priced accordingly to reflect condition. Rare opportunity to acquire an income-producing property in a sought-after Lake Minnetonka area location.
Property Information
Status: Active
Sub Type: ********
List Price: $299,000
MLS#: 7104668
Current Price: $299,000
Address: 4365 Warren Avenue, Spring Park, MN 55384
City: Spring Park
State: MN
Postal Code: 55384
Geo Lat: 44.936297
Geo Lon: -93.639965
Subdivision: Pattees Hillcrest
County: Hennepin
Property Description
Year Built: 1930
Lot Size SqFt: 7840.8
Gen Tax: 3680.14
Specials Inst: 0
High School: Westonka
Square Ft. Source:
Above Grade Finished Area: 1706
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 1850
Style: Array
Total Bedrooms: 2
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: