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  • $608,400

    12928 Excelsior Blvd, Minnetonka, MN 55343

    4beds
    4baths
    3,596sqft
    Duplex Side by Side
    Built in 1952
    -- sqft lot
    $594,500 Zestimate®
    $169/sqft
    $2,287 Estimated rent

    What's special

    Rare opportunity to own a duplex in the highly sought-after Minnetonka area! This turn-key property offers the perfect blend of investment potential and prime location. Situated on a large lot, it provides easy access to local amenities, shopping, and dining. Featuring 2 bedrooms and 2 bathrooms in each unit, a two stall garage and an added 400 finished square feet above the garage to rent out separately (estimated additional $500/mo). One unit currently leased at $1,900/mo. 2nd unit previously rented at $2,215/mo. Tons of quality updates including a new roof (2021), two new furnaces, AC unit, washer and dryer machines, and dishwasher all in 2023. Although this duplex is turn-key and ready to rent, it boasts the option to value-add with the ability to finish out basements and add egress windows, increasing finished square feet and rental income. Enjoy the advantage of rental income while living in one of Minnesota's most desirable suburbs.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 04:24am

    Listed by:

    Jamie Bolinger 507-837-9334,

    Rize Realty

    Bought with:

    Jennifer Azure

    Engel & Volkers Prior Lake

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6581341MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Features
    • Basement: Block,Partially Finished
    Interior area
    • Total structure area: 3,596
    • Total interior livable area: 3,596 sqft
    • Finished area above ground: 2,010
    • Finished area below ground: 619

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Gravel, Shared Driveway, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Grab Bars In Bathroom
    Features
    • Levels: One
    • Patio & porch: Covered, Enclosed, Patio, Porch, Rear Porch, Screened
    Lot
    • Size: 0.33 Acres
    • Dimensions: 86 x 196
    • Features: Many Trees
    Details
    • Foundation area: 1494
    • Additional parcels included: 2711722110028
    • Parcel number: 2711722110029
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Materials
    • Brick/Stone, Wood Siding
    • Roof: Age 8 Years or Less
    Condition
    • Age of Property: 73
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minnetonka
    • Subdivision: Registered Land Surv #184 Tr E
    Services availability
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