Welcome to a standout property in a prime Mound location—just steps from Belmont Park and a block from Lake Minnetonka’s Harrisons Bay! Own for less than rent, house hacking at its finest! Owner occupied or straight investment options. This flexible 4BR/2BA home offers tons of potential with updated mechanicals, a two-car garage, and separate laundry on both levels. Inside you’ll find a mix of modern
updates and classic charm—stainless appliances, hardwood floors, tile accents, and generous storage
throughout. With a layout ideal for either single-family living or a duplex setup, this home is perfect
for both homeowners and investors. So many possibilities in a location that’s tough to beat!
Closed
$362,500
5516 Tonkawood Rd, Mound, MN 55364
4beds
2baths
1,719sqft
Duplex Up and Down
Built in 1968
-- sqft lot
$369,500 Zestimate®
$211/sqft
$2,553 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 09:55am
Listed by:
Ryan Walseth - TAYLRD Real Estate 612-770-1361,
Keller Williams Realty Integrity Lakes
Bought with:
Ali Reda - TAYLRD Real Estate
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6703772

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Block,Daylight,Drainage System,Egress Window(s),Finished,Full,Posts,Single Tenant Access,Storage/Locker,Storage Space
Interior area
- Total structure area: 1,719
- Total interior livable area: 1,719 sqft
- Finished area above ground: 928
- Finished area below ground: 871
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt, Garage Door Opener, Shared Garage/Stall, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck, Front Porch, Porch
- Fencing: Partial,Wood
- Has view: Yes
- View description: City Lights, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 6,098 sqft
- Dimensions: 60 x 100
- Features: Irregular Lot
- Topography: Level
Details
- Foundation area: 928
- Parcel number: 1311724320066
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Block, Brick/Stone, Fiber Board, Wood Siding, Timber/Post & Beam, Brick, Concrete, Frame
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- Age of Property: 57
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Mound
- Subdivision: Lake Side Park A L Crockers 1st Div
Other
Other facts
- Road surface type: Paved
Services availability
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Estimated market value
$369,500