Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Orono MLS# 6795575

My notes for this property


Add listing to my favorites (required)
Active NEW!
$899,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1974
4,436 sqft
Westonka schools
MLS# 6795575
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Excellent investment opportunity in one of the most sought-after areas near Lake Minnetonka! This well-maintained duplex in Excelsior is ideal for investors looking to add strong rental income to their portfolio. Purchase as a fully leased investment property or live in one side and rent out the other to offset your mortgage, or host extended family while still enjoying privacy! The property offers a rare opportunity for both homeowners and investors alike. Each unit offers luxurious finishes, a spacious layout with large windows, functional kitchens, private bedrooms, private laundry, and full baths. The property includes attached garages, off-street parking, and a generous backyard. With high rental demand in the Excelsior area, this duplex is well-positioned for reliable occupancy and long-term appreciation. Conveniently located near downtown Excelsior, shopping, dining, and lake amenities, this property combines location, versatility, and consistent rental potential.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $899,000
    Price per sq ft: $203
    Property Type: Multi-family
    City: Orono
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1974
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55331
    Subdivision Name: Cic 2035 Lake Minnetonka Meadows

    Interior

    Finished Area: 4,436 ft2
    Living Area: 4,436 ft2
    Basement Details: Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 2,036 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Attached Garage
    Exterior Material: Fiber Cement

    Lot & Land

    Acres: 0
    Geolocation: 44.931402, -93.605502
    Lot Dimensions: 61 x 184 x 249 x 100
    Addl Parcels: 2011723110041
    Zoning: Residential-Multi-Family

    Schools

    School District: 277
    District Phone: 952-491-8001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,838
    Lender-owned: Not disclosed
    Assessment Pending: No
    Taxes w/ Assessments: $8,838

    Income

    Annual Gross Income: $64,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Keller Williams Realty Integrity Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.