Fantastic investment opportunity to own a fourplex with a strong rental history! Each of the four units features 2 bedrooms, 1 bathroom, a kitchen, and comfortable living areas. Designated parking is available for each unit. The property offers a flexible rental situation with one vacant unit, two units on month-to-month leases, and one unit leased through September 30, 2027. Conveniently located with easy access to I-35W and nearby shopping, this property is a great opportunity for investors looking to expand their portfolio.
Active
$575,000
3813 Restwood Rd, Lexington, MN 55014
8beds
4baths
3,328sqft
Fourplex
Built in 1984
-- sqft lot
$-- Zestimate®
$173/sqft
$-- HOA
What's special
Designated parking
- 4 days
- 140
- 8
Zillow last checked:
Listing updated:
Listed by:
Gary McCoy 651-500-6028,
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7149029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Hot Water
Appliances
- Laundry: Common Area, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 3,416
- Total interior livable area: 3,328 sqft
- Finished area above ground: 3,328
- Finished area below ground: 0
Property
Parking
- Parking features: Paved Lot
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Pool features: None
Lot
- Size: 0.34 Acres
- Dimensions: 75 x 200 x 75 x 200
Details
- Foundation area: 1664
- Parcel number: 353123120014
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Power Company: Xcel Energy
- 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: $173/sqft
- Tax assessed value: $584,600
- Annual tax amount: $8,971
- Date on market: 10/23/2026
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$2,151/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2026 | Listed for sale | $575,000+8.1%$173/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7149029 Report a problem | ||
| 8/4/2022 | Sold | $532,000+43.8%$160/sqft |
Source: Public Record Report a problem | ||
| 5/9/2005 | Sold | $370,000+11.1%$111/sqft |
Source: Public Record Report a problem | ||
| 9/30/2003 | Sold | $333,000+33.2%$100/sqft |
Source: Public Record Report a problem | ||
| 9/18/2001 | Sold | $250,000+50.6%$75/sqft |
Source: Public Record Report a problem | ||
| 3/7/2000 | Sold | $166,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,926 +4.3% | $584,600 -2.4% |
| 2024 | $8,560 +9% | $599,100 -2.8% |
| 2023 | $7,853 -11.2% | $616,400 +13.2% |
| 2022 | $8,844 +6.6% | $544,300 +6.8% |
| 2021 | $8,293 | $509,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55014
Similar homes
- $595,0008 bd4 ba3.3k sqft3811 Restwood Rd, Lexington, MN 55014For Sale
MLS ID #7077994, Thomas L. Simonsen, Counselor Realty. NorthstarMLS as distributed by MLS GRID - $475,0006 bd4 ba1.9k sqft9310-12 Ryan Pl, Circle Pines, MN 55014For Sale
MLS ID #7138568, Randy Hoese, Inside Track Realty. NorthstarMLS as distributed by MLS GRID - $475,0006 bd4 ba1.9k sqft9320-22 Ryan Pl, Circle Pines, MN 55014For Sale
MLS ID #7138633, Randy Hoese, Inside Track Realty. NorthstarMLS as distributed by MLS GRID - $585,0005 bd4 ba3k sqft11676 Arnold Palmer Dr, Minneapolis, MN 55449For Sale
MLS ID #7164213, Daniel Laughlin, Rich's Realty, Inc.. NorthstarMLS as distributed by MLS GRID - $550,0005 bd4 ba3.3k sqft6345 W Shadow Lake Dr, Lino Lakes, MN 55014For SaleMLS ID #7106314, Cristina A. Young, Edina Realty, Inc.. NorthstarMLS as distributed by MLS GRID
- $599,9995 bd4 ba3.6k sqft6427 Deerwood Ln, Lino Lakes, MN 55014For SaleMLS ID #7109615, Josh A Pomerleau, JPW Realty. NorthstarMLS as distributed by MLS GRID
- $575,0005 bd4 ba3.6k sqft9915 Chestnut Ave N, Brooklyn Park, MN 55443For SaleMLS ID #7162866, Kristen Prigge, Creative Housing Real Estate. NorthstarMLS as distributed by MLS GRID
- $575,0005 bd4 ba2.8k sqft1851 Heritage Ln, New Brighton, MN 55112For SaleMLS ID #7158439, Terri Black, Coldwell Banker Realty. NorthstarMLS as distributed by MLS GRID
- $549,0005 bd3 ba2.7k sqft1036 Woodlynn Ave, Roseville, MN 55113For SaleMLS ID #7164726, Francis Jazmin Tyler, Bridge Realty, LLC. NorthstarMLS as distributed by MLS GRID
- $368,9005 bd2 ba1.8k sqft248 Galaxy Dr, Circle Pines, MN 55014For SaleMLS ID #7165365, Roman J Cantu, eHouse Realty, Inc. NorthstarMLS as distributed by MLS GRID
- $625,0005 bd4 ba3.8k sqft6586 Sherman Lake Rd, Lino Lakes, MN 55038For SaleMLS ID #7146981, Jane E. Bacchus, Edina Realty, Inc.. NorthstarMLS as distributed by MLS GRID
- $599,9905 bd4 ba3.4k sqft5570 Wood Duck Ct, Shoreview, MN 55126For SaleMLS ID #7154952, Minu John, eXp Realty. NorthstarMLS as distributed by MLS GRID
- $529,9705 bd4 ba3.5k sqft9320 Austrianpine Ave N, Brooklyn Park, MN 55443For SaleMLS ID #7164568, Tanisha Carter, Edina Realty, Inc.. NorthstarMLS as distributed by MLS GRID
- $549,9006 bd4 ba3.4k sqft3640 Edward St NE, Saint Anthony, MN 55418For SaleMLS ID #7151741, Drew Coleman, Compass. NorthstarMLS as distributed by MLS GRID
- $450,0005 bd2 ba2.6k sqft5710 Turtle Lake Rd, Shoreview, MN 55126For SaleMLS ID #7165040, Paulette Carroll, Keller Williams Classic Realty. NorthstarMLS as distributed by MLS GRID
- $612,5005 bd4 ba4.1k sqft8057 Garfield St NE, Spring Lake Park, MN 55432For SaleMLS ID #7156400, Anna Dahlby, Edina Realty, Inc.. NorthstarMLS as distributed by MLS GRID
- $510,0008 bd4 ba3.1k sqft3308 84th Ave N, Brooklyn Park, MN 55443For SaleMLS ID #7131873, Nathan D Roise, Rize Realty. NorthstarMLS as distributed by MLS GRID
- $569,0007 bd4 ba4.6k sqft5419 4th St NE, Fridley, MN 55421For SaleMLS ID #7152248, Timothy P. Little, RE/MAX Advantage Plus. NorthstarMLS as distributed by MLS GRID
- $579,9005 bd4 ba3.2k sqft14927 Harpers St NE, Ham Lake, MN 55304For SaleMLS ID #7134892, Benjamin J. Fritz, RE/MAX Professionals. NorthstarMLS as distributed by MLS GRID
