Turnkey Investment Property with Immediate Rental Income in Prime Eagan Location (55123)
Don't miss this exceptional investment opportunity to own a well-maintained 3-bedroom, 3-bath townhome in one of Eagan's most desirable neighborhoods. This income-producing property is currently leased at $2,500 per month through November 23, 2026, providing stable cash flow and immediate returns for investors.
The spacious floor plan offers comfortable living with three generous bedrooms, three bathrooms, a bright living area, and a functional kitchen. Recent updates add value and peace of mind, including a new refrigerator, a new hot water system, and a water filtration system, reducing near-term maintenance costs.
Located in the highly sought-after 55123 zip code, this property enjoys strong rental demand due to its proximity to shopping, dining, parks, trails, major employers, and convenient access to highways and Minneapolis–Saint Paul International Airport. The area is known for its excellent amenities and desirable community atmosphere.
Whether you're expanding your real estate portfolio or seeking a reliable, income-generating asset, this townhome offers a rare combination of long-term tenant stability, strong rental income, recent upgrades, and a prime Eagan location.
A true turnkey investment opportunity with established rental income already in place.
For sale by owner
$389,000
3407 Chestnut Ln, Eagan, MN 55123
3beds
1,800sqft
Townhouse
Built in 2013
2,144 Square Feet Lot
$-- Zestimate®
$216/sqft
$350/mo HOA
What's special
Spacious floor planThree bathroomsFunctional kitchenNew refrigeratorThree generous bedrooms
What the owner loves about this home
SALE by owner. Looking for investors. Please contact for showing.
- 33 days |
- 469 |
- 12 |
Listed by:
Property Owner (425) 233-5050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Garage - Attached, Off-street, On-street
Features
- Exterior features: Shingle
- Has view: Yes
- View description: Park
Lot
- Size: 2,144 Square Feet
Details
- Parcel number: 107270506030
Construction
Type & style
- Home type: Townhouse
Materials
- Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2013
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $350 monthly
Location
- Region: Eagan
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $345,700
- Annual tax amount: $3,690
- Date on market: 5/31/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,601/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Listed for sale | $389,000-0.2%$216/sqft |
Source: Owner Report a problem | ||
| 11/24/2025 | Listing removed | $389,900$217/sqft |
Source: | ||
| 11/7/2025 | Listing removed | $2,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2025 | Listed for sale | $389,900+4%$217/sqft |
Source: | ||
| 9/23/2025 | Price change | $2,650-8.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Listed for rent | $2,895+31.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2022 | Listing removed | -- |
Source: | ||
| 8/11/2022 | Listed for sale | $375,000+3.2%$208/sqft |
Source: | ||
| 1/31/2022 | Sold | $363,330+1%$202/sqft |
Source: | ||
| 12/28/2021 | Pending sale | $359,900$200/sqft |
Source: | ||
| 12/18/2021 | Price change | $359,900-4.7%$200/sqft |
Source: | ||
| 10/22/2021 | Price change | $377,700-1.1%$210/sqft |
Source: Zillow Offers Report a problem | ||
| 10/1/2021 | Listed for sale | $381,900+2.2%$212/sqft |
Source: | ||
| 8/12/2021 | Sold | $373,700+55.1%$208/sqft |
Source: Public Record Report a problem | ||
| 2/5/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/6/2019 | Listing removed | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 5/10/2019 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
| 4/30/2014 | Sold | $241,000$134/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,690 -1.3% | $345,700 -0.8% |
| 2023 | $3,738 +8.9% | $348,500 +3.1% |
| 2022 | $3,432 +0.8% | $338,100 +9.2% |
| 2021 | $3,404 +6.6% | $309,500 +13% |
| 2020 | $3,194 -0.3% | $273,846 -1.9% |
| 2019 | $3,204 | $279,100 +5.1% |
| 2018 | $3,204 +11.5% | $265,500 +10.9% |
| 2017 | $2,872 +8.6% | $239,300 -1.3% |
| 2016 | $2,644 -6.1% | $242,500 +24% |
| 2015 | $2,815 +14.5% | $195,584 +242.2% |
| 2014 | $2,459 +218.5% | $57,154 +281% |
| 2013 | $772 | $15,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55123
Nearby schools
GreatSchools rating
- 10/10Woodland Elementary SchoolGrades: K-5Distance: 0.8 mi
- 8/10Dakota Hills Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Eagan Senior High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Dakota County
- Eagan
- 55123
- 3407 Chestnut Ln







