Great owner occupied building or good cash flow for an investor. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.
Active
$595,000
3811 Restwood Rd, Lexington, MN 55014
--beds
0baths
3,328sqft
Fourplex
Built in 1984
-- sqft lot
$-- Zestimate®
$179/sqft
$-- HOA
What's special
- 113 days
- 182
- 2
Zillow last checked:
Listing updated:
Listed by:
Thomas L. Simonsen 612-978-2585,
Counselor Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7077994
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Boiler
Appliances
- Laundry: Laundry Closet, Main Level, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
- Finished area above ground: 3,328
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Parking Lot, Paved Lot
- Details: Garage Dimensions (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 0.35 Acres
- Dimensions: 75 x 200
- Features: Tree Coverage - Light
Details
- Foundation area: 1664
- Parcel number: 353123120015
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Frame
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Fuses
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ottes Add To Lexington
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $566,400
- Annual tax amount: $8,630
- Date on market: 5/21/2026
- Cumulative days on market: 225 days
- Tenant pays: Cable TV, Electricity, Hot Water
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $595,000-4.8%$179/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7077994 Report a problem | ||
| 1/1/2026 | Listing removed | $625,000$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781222 Report a problem | ||
| 11/11/2025 | Price change | $625,000-3.8%$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781222 Report a problem | ||
| 9/3/2025 | Listed for sale | $650,000+23.8%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781222 Report a problem | ||
| 1/21/2020 | Sold | $525,000+60.1%$158/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5267374 Report a problem | ||
| 6/17/2003 | Sold | $327,900+31.2%$99/sqft |
Source: Public Record Report a problem | ||
| 9/18/2001 | Sold | $250,000+51.5%$75/sqft |
Source: Public Record Report a problem | ||
| 4/26/2000 | Sold | $165,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,095 +3.3% | $566,400 -2.5% |
| 2024 | $9,772 +10.3% | $580,700 -2.8% |
| 2023 | $8,863 +3.2% | $597,500 +13.2% |
| 2022 | $8,585 +6.6% | $527,900 +6.7% |
| 2021 | $8,054 -6.5% | $494,700 +9.2% |
| 2019 | $8,615 +28.8% | $453,000 +32.3% |
| 2018 | $6,689 +15.9% | $342,400 +18.6% |
| 2017 | $5,773 +10% | $288,600 +20.4% |
| 2016 | $5,247 +3.8% | $239,800 |
| 2015 | $5,057 +9.5% | $239,800 +2.5% |
| 2014 | $4,617 -66.4% | $234,000 |
| 2013 | $13,738 +140.3% | -- |
| 2012 | $5,717 -5.3% | -- |
| 2011 | $6,040 +5% | -- |
| 2010 | $5,750 -12.7% | -- |
| 2008 | $6,587 -1.8% | -- |
| 2007 | $6,708 -0.9% | -- |
| 2006 | $6,767 +16.8% | -- |
| 2005 | $5,795 +6.2% | -- |
| 2004 | $5,458 +54.1% | -- |
| 2003 | $3,543 +34.7% | -- |
| 2002 | $2,631 -53.9% | -- |
| 2001 | $5,702 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55014
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