Property Listing
Description
A rare gem in the heart of Medicine Lake, this exceptional owner-occupied duplex is a dream opportunity for both investors and homeowners alike. Featuring two generously sized units, each offering updated kitchens, three bedrooms, and two bathrooms, this property effortlessly combines comfort and practicality. Set on a sprawling half-acre lot, you'll enjoy plenty of yard space, mature trees for added privacy, and the convenience of a three-car detached garage. Nestled in the prestigious Wayzata school district and surrounded by multi-million-dollar homes, this is the only single-owner duplex in Medicine Lake—a truly unique find. Location is key, and this property shines with its proximity to the Luce Line Trail system, Medicine Lake Regional Parks, and a quick 15-minute drive to downtown Minneapolis. For investors, Unit 2 has been rented on a month-to-month basis since 2019 at $1,900 per month, with tenants covering separate utilities—making it a hassle-free income stream. Don’t miss your chance to own this one-of-a-kind property in a highly sought-after community. Whether you're looking to invest or create your own tranquil retreat, Medicine Lake offers the lifestyle and location you’ve been waiting for.
Property Information
Status: Active
Sub Type: ********
List Price: $699,900
MLS#: 6811562
Current Price: $699,900
Address: 115 Peninsula Road, Minneapolis, MN 55441
City: Minneapolis
State: MN
Postal Code: 55441
Geo Lat: 44.996346
Geo Lon: -93.417933
Subdivision: Medicine Lake Park 1st Div
County: Hennepin
Property Description
Year Built: 1961
Lot Size SqFt: 24829.2
Gen Tax: 8306
Specials Inst: 0
High School: Wayzata
Square Ft. Source:
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Below Grade Unfinished Area:
Total SqFt.: 2950
Style: Array
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 3
Waterfront:
Property Features
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Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
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