Rare Lake Area Duplex – Prime Investment Opportunity
Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity.
Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining.
2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit.
Income. Scarcity. Location. Long-term upside.
Closed
Zillow last checked:
Listing updated:
Bought with:
Mali Ith
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7020651
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $440,000-2.2%$210/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7020651 Report a problem | ||
| 4/10/2026 | Pending sale | $450,000$215/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020651 Report a problem | ||
| 3/6/2026 | Price change | $450,000-14.3%$215/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020651 Report a problem | ||
| 2/21/2026 | Listed for sale | $525,000+157.4%$251/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7020651 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/27/2019 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 1/27/2019 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 8/5/2016 | Sold | $204,000$98/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$443,200
