Anand Prashad, Broker
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4365 Warren Avenue, Spring Park, MN 55384

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Listed By

Agency Name: Coldwell Banker Realty - Southwest Regional
Agency Phone: 952-844-6000

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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Property Description

Unique four-unit investment opportunity in a highly desirable location near Lake Minnetonka and area trail systems. This non-conforming property features three separate buildings consisting of a duplex and two detached tiny homes, with four separate mailing addresses. The property has an exceptional rental history with no vacancy in the past 15 years, and all four units are currently occupied. The duplex offers one-bedroom units, each with a kitchen, family room, basement storage, private laundry, and attached garage stall. The detached tiny homes provide additional rental flexibility and strong tenant appeal with affordability. Recent improvements include a duplex remodel with new refrigerator and stove in 2022, new siding and two windows on the duplex in 2025, three new furnaces serving both duplex units and the larger tiny home in 2025, a new furnace motherboard in the smaller tiny home in 2025, and new siding on the larger tiny home in 2024. New side deck/stairs on duplex in 2026. The property offers significant upside potential for investors willing to make additional improvements. Being sold as-is and priced accordingly to reflect condition. Rare opportunity to acquire an income-producing property in a sought-after Lake Minnetonka area location.

4365 Warren Avenue | MLS# 7104668

This multi-family property located at 4365 Warren Avenue, Spring Park, MN 55384 is currently listed for sale with an asking price of $299,000. Warren Avenue is located within the Westonka school district. Search Spring Park real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Partial, Storage Space
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.18 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Taxes: $3,680
Year Built: 1930

Feature Descriptions

Days on Site: 2
Foundation Size: 1040
Lot: Tree Coverage - Medium
Lot Dimensions: 50 x 160
Owners Expense: Fuel, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
Parcel#: 1811723430021
Parking: Attached Garage, Gravel, Other
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Fuel, Snow Removal
Units: 4
Water: City Water/Connected

Local Schools

School District: Westonka

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Estimated Payment

$ 1,985.28 per month $1,591.40 Principal & Interest $306.67 Property Tax $87.21 Homeowner's Insurance

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