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1082 5th ST SE Forest Lake, MN 55025

Active
$565,000
1082 5th ST SE Forest Lake, MN 55025
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1082 5th ST SE, Forest Lake, MN 55025
1082 5th ST SE, Forest Lake, MN 55025
1082 5th ST SE, Forest Lake, MN 55025
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Daniel Linder

Daniel Linder

daniel.linder@exprealty.com +1(612) 597-5456
$565,000
Est. payment /mo
6 Beds
4 Baths
3,696 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $152

Subdivision Fred Richters Forest Lake Add

MLS Listing ID 7045525

Bedrooms 6

Year Built 1995

Annual Tax Amount $5,758

Tax Year 2025

Contingent None

Lot Size 10,105 Sqft

Lot Dimensions 69x140

Property Sub-Type Duplex Side by Side

Property Description

Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA

Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market.

Location

State MN

County Washington

Zoning Residential-Multi-Family

Rooms

Basement Finished, Full

Interior

Heating Baseboard

Fireplace No

Laundry In Basement, In Unit

Exterior

Parking Features Attached Garage, Concrete, Garage Door Opener

Garage Spaces 4.0

Fence None

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Irregular Lot, Tree Coverage - Medium

Story Split Entry (Bi-Level)

Foundation 1848

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Block,Frame

New Construction false

Schools

School District Forest Lake


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Listed by Engel & Volkers Minneapolis Downtown

NEARBY SCHOOL & BUSINESS

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Daniel Linder

Daniel Linder

+1(612) 597-5456

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eXp Realty

Daniel Linder

+1(612) 597-5456 daniel.linder@exprealty.com

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      3. Reviews
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