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  • $628,000

    12216 Pioneer Rd, Minnetonka, MN 55343

    8beds
    3baths
    3,590sqft
    Duplex Side by Side
    Built in 1984
    -- sqft lot
    $628,000 Zestimate®
    $175/sqft
    $2,070 Estimated rent

    Home value

    $628,000

    $584,000 - $672,000

    $2,070/mo

    Zestimate® history
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    $2,070/mo

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    $4,069/mo

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    $4,069/mo

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    What's special

    Spacious lotFunctional living spacesNew roofNewer drivewayNew front entry systems
    Rare opportunity to own a well-maintained side-by-side duplex in a desirable Minnetonka location. Situated on a spacious lot, this solid investment property features two very similar-style units, each offering three bedrooms on one level and functional living spaces for long-term rental appeal. Several capital improvements have already been completed, including a new roof, new front entry systems, a newer driveway, and newer furnaces and A/C, providing peace of mind and reducing future maintenance expenses. The combination of improvements and updates, strong rental appeal, and stable income potential makes this an excellent addition to an investment portfolio or an ideal owner-occupied opportunity. Conveniently located near shopping, dining, major commuter routes, and abundant recreational amenities, the property enjoys easy access to the nearby Lone Lake Park, the Lake Minnetonka LRT Regional Trail, and less than a mile from the future Shady Oak Station on the METRO Green Line Extension (Southwest Light Rail).

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy A Bramwell 612-483-8438,

    Edina Realty, Inc.

    Bought with:

    Michael T Sundby

    Coldwell Banker Realty - Southwest Regional

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105507MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, Laundry Room, Sink, In Unit
    Features
    • Basement: Block,Daylight,Drain Tiled,Finished,Full,Walk-Out Access
    Interior area
    • Total structure area: 3,840
    • Total interior livable area: 3,590 sqft
    • Finished area above ground: 1,920
    • Finished area below ground: 1,670

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Asphalt, Shared Driveway, Garage Door Opener
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Patio & porch: Deck
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.58 Acres
    • Dimensions: 149 x 191 x 148 x 149
    • Features: Near Public Transit, Irregular Lot, Tree Coverage - Medium
    • Topography: Walkout
    Details
    • Foundation area: 1920
    • Additional parcels included: 502034901
    • Parcel number: 2611722210070
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Materials
    • Block, Frame
    • Roof: Age 8 Years or Less,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected
    • Utilities for property: Underground Utilities

    Community & HOA

    Location
    • Region: Minnetonka

    Financial & listing details

    • Price per square foot: $175/sqft
    • Annual tax amount: $8,496
    • Date on market: 7/13/2026
    • Cumulative days on market: 5 days
    • Tenant pays: Broadband, Cable TV, Electricity, Gas, Heat, Snow Removal
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2026Sold$628,000+4.7%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7105507 Report a problem
    7/18/2026Pending sale$600,000$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7105507 Report a problem
    7/13/2026Listed for sale$600,000$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7105507 Report a problem
    1/5/2022Listing removed--
    Source: Edina Realty Report a problem
    10/26/2021Listed for rent$2,300+4.5%$1/sqft
    Source: Edina Realty #6119599 Report a problem
    9/16/2020Listing removed$2,200$1/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5647596 Report a problem
    8/31/2020Listed for rent$2,200+30.6%$1/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5647596 Report a problem
    8/12/2015Listing removed$1,685
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4622482 Report a problem
    7/18/2015Price change$1,685-0.9%
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4622482 Report a problem
    7/14/2015Listed for rent$1,700
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4622482 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55343

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $628,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $628,000