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  • $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

    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!

    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#: 6703772MLS Logo

    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