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!
Active
$860,000
5243 Eden Rd, Mound, MN 55364
8beds
4baths
8,016sqft
Fourplex
Built in 1985
-- sqft lot
$831,700 Zestimate®
$107/sqft
$-- HOA
What's special
- 12 days
- 387
- 29
Zillow last checked:
Listing updated:
Listed by:
Aaron R Schumm 612-991-1155,
Reimagine Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7159747
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Partially Finished
Interior area
- Total structure area: 8,016
- Total interior livable area: 8,016 sqft
- Finished area above ground: 8,016
- Finished area below ground: 0
Property
Parking
- Total spaces: 16
- Parking features: Tuckunder Garage
- Attached garage spaces: 16
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 0.41 Acres
- Dimensions: 125 x 288
Details
- Foundation area: 7200
- Parcel number: 1311724340114
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Shirley Hills Unit F
Location
- Region: Mound
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $734,000
- Annual tax amount: $10,121
- Date on market: 10/15/2026
- Cumulative days on market: 13 days
Estimated market value
$831,700
$790,000 - $873,000
$1,982/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $860,000+22.9%$107/sqft |
Source: | ||
| 9/19/2009 | Listing removed | $699,900+19.6%$87/sqft |
Source: Edina Realty #3547204 Report a problem | ||
| 9/1/2009 | Sold | $585,000-16.4%$73/sqft |
Source: | ||
| 9/23/2008 | Price change | $699,900-6.7%$87/sqft |
Source: Edina Realty #3547204 Report a problem | ||
| 8/25/2008 | Price change | $749,900-5.7%$94/sqft |
Source: Edina Realty #3547204 Report a problem | ||
| 7/12/2008 | Listed for sale | $795,000$99/sqft |
Source: Edina Realty #3547204 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment






