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Real Estate Company
901-903 12th Street SW, Forest Lake, MN 55025
- $340,000
- 6
- BD
- 4
- BA
- 2,400
- SqFt
- Sold Price
- $340,000
- List Price
- $335,000
- Closing Date
- Jan 13, 2026
- MLS#
- 6822398
- Status
- CLOSED
- Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,400
- Year Built
- 1980
Property Description
Turn-key side-by-side duplex in a high-demand Forest Lake rental market! Both units are fully leased, delivering immediate cash flow. Each spacious 1,200 sq ft unit offers 3 BR, 2 BA, in-unit washer/dryer, and brand-new flooring and carpet installed July 2025. New refrigerator and stove in 903 as of October 2025 and new stove in 901 as of November 2025. Tenants love the fenced yard, each with their own shed, and convenient location near lakes, parks, shopping, and major highways. Partial roof replacement completed in 2023 after storm; remaining roof condition unknown. Water heater in Unit 901 replaced in 2022; Unit 903 water heater age unknown. Strong rents, low maintenance updates, and a desirable suburban location make this an outstanding addition to any investment portfolio.
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Additional Information
- School District
- Forest Lake
- Tax Year
- 2025
- Fencing
- Chain Link
- Fuel
- Electric
- Sewer
- City Sewer/Connected
- Heating
- Baseboard
- Water
- City Water/Connected
- Basement
- None
- Parking
- Gravel
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Listing courtesy of Bridge Realty, LLC.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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