Exceptional investment opportunity or perfect for multi-generational living in Prior Lake! This versatile up-and-down duplex offers 3 bedrooms in each unit, creating ample space and privacy. The upper unit features 1.5 baths, a private laundry, and a charming four-season porch. The lower unit is accessible for wheelchairs or walkers and includes a cozy gas fireplace and an oversized laundry/utility room. With a shared garage and extra outdoor parking, it's ideal for multiple residents, whether tenants or other occupants. Conveniently located within walking distance to schools and downtown Prior Lake, this property combines comfort with potential for steady rental income and adaptable living arrangements.
Closed
$497,000
15937 Franklin Trl SE, Prior Lake, MN 55372
6beds
4baths
3,092sqft
Duplex Up and Down
Built in 1998
-- sqft lot
$504,500 Zestimate®
$161/sqft
$1,976 Estimated rent
Home value
$504,500
$464,000 - $545,000
$1,976/mo
Zestimate® history
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Cozy gas fireplaceExtra outdoor parkingAmple space and privacyPrivate laundryCharming four-season porch
Zillow last checked:
Listing updated:
Listed by:
Jon W McLaughlin 952-212-2067,
RE/MAX Results
Bought with:
Deborah H. Johnson
Northstar Real Estate Associates
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6659000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard, Fireplace(s)
Features
- Basement: Daylight,Drain Tiled,Finished,Sump Pump,Walk-Out Access
Interior area
- Total structure area: 3,092
- Total interior livable area: 3,092 sqft
- Finished area above ground: 1,613
- Finished area below ground: 1,509
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway - Other Surface, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x26), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: Other
Features
- Levels: Multi/Split
- Pool features: None
- Fencing: None
Lot
- Size: 0.54 Acres
- Dimensions: 122 x 190 x 74 x 38 x 167
- Features: Corner Lot
- Topography: Level
Details
- Foundation area: 1462
- Parcel number: 259360020
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Block
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Location
- Region: Prior Lake
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $438,200
- Annual tax amount: $4,230
- Date on market: 2/7/2025
- Cumulative days on market: 130 days
- Tenant pays: Cable TV, Electricity, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $497,000-0.6%$161/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6659000 Report a problem | ||
| 3/21/2025 | Pending sale | $499,900$162/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6659000 Report a problem | ||
| 2/7/2025 | Listed for sale | $499,900-2.9%$162/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6659000 Report a problem | ||
| 2/7/2025 | Listing removed | $515,000$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6628072 Report a problem | ||
| 11/11/2024 | Listed for sale | $515,000-0.4%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6628072 Report a problem | ||
| 11/15/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6437259 Report a problem | ||
| 10/19/2023 | Price change | $517,000-1.5%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6437259 Report a problem | ||
| 9/21/2023 | Listed for sale | $525,000+114.3%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6437259 Report a problem | ||
| 9/12/2014 | Sold | $245,000+54.1%$79/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2211779 Report a problem | ||
| 5/16/2012 | Sold | $159,000-3.6%$51/sqft |
Source: Public Record Report a problem | ||
| 12/20/2011 | Price change | $165,000-2.9%$53/sqft |
Source: 1st MSP Realty, LLC. dba Real Living 1st MSP Realty #4090766 Report a problem | ||
| 11/23/2011 | Listed for sale | $169,900$55/sqft |
Source: 1st MSP Realty, LLC. dba Real Living 1st MSP Realty #4090766 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,336 +2.5% | $438,200 -0.3% |
| 2024 | $4,230 +3.3% | $439,700 +5.6% |
| 2023 | $4,096 -2.1% | $416,500 |
| 2022 | $4,182 +5.6% | $416,500 +14.2% |
| 2021 | $3,960 +4.9% | $364,800 +16.4% |
| 2020 | $3,776 | $313,300 |
| 2019 | $3,776 -4.6% | $313,300 |
| 2018 | $3,958 +13.3% | -- |
| 2016 | $3,492 | -- |
| 2014 | $3,492 | -- |
| 2013 | -- | $272,400 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 55372
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Nearby schools
GreatSchools rating
- 8/10Westwood Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Prior Lake High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$504,500
Get a cash offer in 3 minutes
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Estimated market value
$504,500
- Minnesota
- Scott County
- Prior Lake
- 55372
- 15937 Franklin Trl SE
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