1082 5th ST SE Forest Lake, MN 55025
6 Beds
4 Baths
3,696 SqFt
Open House
Sat May 16, 11:00am - 1:00pm
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 $156
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
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
