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$ 335,000
Est. payment /mo
New
901-903 12th ST SW Forest Lake, MN 55025
6 Beds
4 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $139
MLS Listing ID 6822398
Bedrooms 6
Year Built 1980
Annual Tax Amount $3,948
Tax Year 2025
Contingent None
Lot Dimensions 125x80
Property Sub-Type Other
Property Description
Turn-key side-by-side duplex in a high-demand Forest Lake rental market! Both units are fully leased, delivering immediate cash flow. Each spacious 1,200 sq ft unit offers 3 BR, 2 BA, in-unit washer/dryer, and brand-new flooring and carpet installed July 2025. New refrigerator and stove in 903 as of October 2025 and new stove in 901 as of November 2025. Tenants love the fenced yard, each with their own shed, and convenient location near lakes, parks, shopping, and major highways. Partial roof replacement completed in 2023 after storm; remaining roof condition unknown. Water heater in Unit 901 replaced in 2022; Unit 903 water heater age unknown. Strong rents, low maintenance updates, and a desirable suburban location make this an outstanding addition to any investment portfolio.
Location
State MN
County Washington
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Baseboard
Fireplace No
Exterior
Parking Features Gravel
Fence Chain Link
Building
Story Two
Foundation 2400
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Forest Lake
Listed by Timothy May • Bridge Realty, LLC
Fieldstone Real Estate Specialists
Broker | License ID: 200145,12406
+1(952) 985-7253 | info@fieldstoneres.com