Opportunity is knocking with this huge duplex sitting on nearly a half-acre of land! With rents over $3500/mo and no utility expenses, this property will cash flow for any serious investor. It is also the perfect place for an owner occupant to have the bulk of their mortgage covered by living in one side and renting the other. Each unit features a large main level including a spacious living room and oversized, eat in kitchen. Both sides have 3 bedroom, 2 bathrooms, and a walk-out, lower-level family room. There are a separate washer and dryers for each tenant so there is no conflict come laundry day. The yard is big enough that there is plenty of room for everyone to hang out without crossing over each other. Located near the bus line for easy transportation. Bring your discs to play on the disc golf course right across the street! This is not the cookie cutter duplex you are used to!
Closed
$564,900
7680 Silver Lake Rd, Mounds View, MN 55112
6beds
4baths
2,662sqft
Multi Family
Built in 1980
-- sqft lot
$583,400 Zestimate®
$212/sqft
$2,052 Estimated rent
Home value
$583,400
$519,000 - $653,000
$2,052/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 28, 2025 at 12:15am
Listed by:
David J. Widell 952-237-7418,
RE/MAX Advantage Plus
Bought with:
Amber Fenton
Redfin Corporation
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6539978
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 2,662
- Total interior livable area: 2,662 sqft
- Finished area above ground: 1,912
- Finished area below ground: 725
Property
Parking
- Total spaces: 4
- Parking features: Attached, Asphalt, Concrete
- Attached garage spaces: 4
- Details: Garage Dimensions (21X19)
Accessibility
- Accessibility features: None
Features
- Levels: Three Level Split
- Patio & porch: Patio
- Fencing: Partial
Lot
- Size: 0.47 Acres
- Dimensions: 102 x 202
- Features: Near Public Transit, Many Trees
Details
- Foundation area: 1912
- Parcel number: 073023210004
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding, Block, Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- Age of Property: 45
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Mounds View
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Sold | $564,900+2.7%$212/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6539978 | ||
| 5/23/2024 | Pending sale | $549,900$207/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6539978 | ||
| 5/21/2024 | Listed for sale | $549,900+111.5%$207/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6539978 | ||
| 12/7/2015 | Sold | $260,000-5.5%$98/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4638014 | ||
| 10/22/2015 | Pending sale | $275,000$103/sqft |
Source: Keller Williams - Maple Grove #4638014 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,478 +5.8% | $442,900 +7.2% |
| 2023 | $5,178 +5.8% | $413,000 +4.2% |
| 2022 | $4,894 -1.1% | $396,300 +15.6% |
Find assessor info on the county website
Neighborhood: 55112
Nearby schools
GreatSchools rating
- 5/10Sunnyside Elementary SchoolGrades: 1-5Distance: 1.1 mi
- 5/10Edgewood Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Irondale Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$583,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$583,400