With its duplex configuration, this property presents an excellent opportunity for investors seeking rental income. Live in one one unit while renting out the other to offset mortgage expenses, or lease both units for maximum flow.
This duplex boasts a generous floor plan, providing ample space for comfortable living. Each unit features 3 bedrooms, 2 bathrooms, and a 2-car garage, ensuring privacy and convenience for both occupants. Sunlight floods the interiors through large windows, creating a warm and inviting atmosphere throughout both units.
With its exceptional features, desirable location, and versatile layout, this property is a true gem waiting to be discovered!
Closed
$489,900
520 Ellis Ln, Golden Valley, MN 55427
6beds
2,592sqft
Multi Family
Built in 1961
-- sqft lot
$543,900 Zestimate®
$189/sqft
$2,146 Estimated rent
Home value
$543,900
$517,000 - $577,000
$2,146/mo
Zestimate® history
Owner options
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$2,146/mo
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$2,146/mo
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$3,089/mo
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$3,089/mo
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Zillow last checked:
Listing updated:
Listed by:
Sammi Cook-Kuehn 612-208-2639,
Bright Idea Properties, LLC.
Bought with:
Shane Nemmers
Wits Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6383782
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement, Gas Dryer Hookup, In Unit, Washer Hookup
Features
- Basement: Block
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
- Finished area above ground: 1,768
- Finished area below ground: 824
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Tuckunder Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.46 Acres
- Dimensions: 174 x 131 x 123 x 242
- Features: Irregular Lot
Details
- Foundation area: 1768
- Parcel number: 3211821310013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Fuses, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Golden Valley
- Subdivision: Ellis Manor
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listing removed | $2,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Price change | $2,050-6.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2025 | Price change | $2,200-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/12/2025 | Listed for rent | $2,300+4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/2/2024 | Price change | $2,200-8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2024 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2023 | Sold | $489,900+176.9%$189/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6383782 Report a problem | ||
| 7/28/1999 | Sold | $176,900$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,205 +27.9% | $455,800 +0.4% |
| 2024 | $6,413 +2.5% | $454,200 +22.9% |
| 2023 | $6,254 +6.6% | $369,500 +1.8% |
| 2022 | $5,869 +5.3% | $363,000 +12.7% |
| 2021 | $5,571 -5.7% | $322,000 +4.2% |
| 2020 | $5,908 +6% | $309,000 -1.9% |
| 2019 | $5,571 -5.7% | $315,000 +15.8% |
| 2018 | $5,908 +17.4% | $272,000 +16.2% |
| 2017 | $5,033 +6.2% | $234,000 +9.3% |
| 2016 | $4,738 +6.3% | $214,000 +7.5% |
| 2015 | $4,458 +6.9% | $199,000 +8.7% |
| 2014 | $4,170 +0.5% | $183,000 -3.7% |
| 2013 | $4,149 -1.4% | $190,000 -4.5% |
| 2012 | $4,206 +2.1% | $199,000 -2.5% |
| 2011 | $4,121 -17.6% | $204,000 -25.3% |
| 2010 | $5,003 -6.4% | $273,000 -9.9% |
| 2009 | $5,343 +20.3% | $303,000 +14.7% |
| 2006 | $4,441 +10.1% | $264,100 +15% |
| 2005 | $4,034 +7.5% | $229,700 +15% |
| 2004 | $3,753 +11.7% | $199,800 +12% |
| 2002 | $3,361 -25.2% | $178,400 |
| 2001 | $4,494 | -- |
Find assessor info on the county website
Neighborhood: 55427
Nearby schools
GreatSchools rating
- 5/10Neill Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Sandburg Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Robbinsdale Armstrong Senior High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$543,900
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Estimated market value
$543,900
- Minnesota
- Hennepin County
- Golden Valley
- 55427
- 520 Ellis Ln
Nearby cities
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Other Golden Valley Topics
