Unique four-unit investment opportunity in a highly desirable location near Lake Minnetonka and area trail systems. This non-conforming property features three separate buildings consisting of a duplex and two detached tiny homes, with four separate mailing addresses. The property has an exceptional rental history with no vacancy in the past 15 years, and all four units are currently occupied. The duplex offers one-bedroom units, each with a kitchen, family room, basement storage, private laundry, and attached garage stall. The detached tiny homes provide additional rental flexibility and strong tenant appeal with affordability. Recent improvements include a duplex remodel with new refrigerator and stove in 2022, new siding and two windows on the duplex in 2025, three new furnaces serving both duplex units and the larger tiny home in 2025, a new furnace motherboard in the smaller tiny home in 2025, and new siding on the larger tiny home in 2024. New side deck/stairs on duplex in 2026. The property offers significant upside potential for investors willing to make additional improvements. Being sold as-is and priced accordingly to reflect condition. Rare opportunity to acquire an income-producing property in a sought-after Lake Minnetonka area location.
Active
Price cut: $24K (9/18)
$275,000
4365 Warren Ave, Spring Park, MN 55384
2beds
2baths
1,706sqft
Other
Built in 1930
-- sqft lot
$-- Zestimate®
$161/sqft
$-- HOA
What's special
Attached garage stallDuplex offers one-bedroom unitsBasement storageFamily roomPrivate laundry
- 113 days
- 698
- 50
Zillow last checked:
Listing updated:
Listed by:
Ryan M Platzke 952-844-6000,
Coldwell Banker Realty - Southwest Regional,
Laura Olivier 952-290-3766
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7104668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Block,Partial,Storage Space
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,706 sqft
- Finished area above ground: 1,706
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel, Other
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Pool features: None
Lot
- Size: 7,840 Square Feet
- Dimensions: 50 x 160
- Features: Tree Coverage - Medium
Details
- Foundation area: 1040
- Parcel number: 1811723430021
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: Natural Gas, Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Pattees Hillcrest
Location
- Region: Spring Park
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $278,000
- Annual tax amount: $3,680
- Date on market: 7/7/2026
- Tenant pays: Electricity, Fuel, Snow Removal
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $275,000-8%$161/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $299,000+19.6%$175/sqft |
Source: | ||
| 2/5/2021 | Sold | $250,000+0%$147/sqft |
Source: | ||
| 1/5/2021 | Pending sale | $249,900$146/sqft |
Source: | ||
| 1/2/2021 | Listed for sale | $249,900$146/sqft |
Source: eXp Realty #5694917 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,680 +5.1% | $278,000 |
| 2025 | $3,502 +6.6% | $278,000 +4.5% |
| 2024 | $3,285 +8.4% | $266,000 |
| 2023 | $3,029 +3.9% | $266,000 +2.3% |
| 2022 | $2,915 +4.9% | $260,000 +17.1% |
| 2021 | $2,780 -3% | $222,000 +5.2% |
| 2020 | $2,867 +3.1% | $211,000 +4.5% |
| 2019 | $2,780 -3% | $202,000 |
| 2018 | $2,867 +0.1% | $202,000 +55.4% |
| 2017 | $2,865 +44.1% | $130,000 +8.3% |
| 2016 | $1,988 +4.5% | $120,000 +4.3% |
| 2015 | $1,902 +0.9% | $115,000 |
| 2014 | $1,886 -0.5% | $115,000 |
| 2013 | $1,895 +11.9% | $115,000 -11.5% |
| 2012 | $1,693 +2.6% | $130,000 -7.8% |
| 2011 | $1,650 +0.9% | $141,000 -9.6% |
| 2010 | $1,635 +1.1% | $156,000 -5.5% |
| 2009 | $1,617 +10.9% | $165,000 +25.5% |
| 2006 | $1,458 +5.7% | $131,500 +14.9% |
| 2005 | $1,380 +11.5% | $114,400 +15% |
| 2004 | $1,238 +3.8% | $99,500 +11.9% |
| 2002 | $1,192 -18.6% | $88,900 |
| 2001 | $1,465 | -- |
Find assessor info on the county website
Monthly payment
Est. payment




