1082 5th Street SE, Forest Lake, MN 55025
- $555,000
- 6
- BD
- 4
- BA
- 3,696
- SqFt
- List Price
- $555,000
- MLS#
- 7110419
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Side X Side
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,696
- Acres
- 0.23
- Subdivision
- Fred Richters Forest Lake Add
- Year Built
- 1995
Property Description
Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market.
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Additional Information
- School District
- Forest Lake
- Amenities Shared
- None
- Tax Year
- 2025
- Fencing
- None
- Fuel
- Electric
- Lot Description
- Irregular Lot, Tree Coverage - Medium
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less, Asphalt
- Heating
- Baseboard
- Water
- City Water/Connected
- Basement
- Finished, Full
- Parking
- Attached Garage, Concrete, Garage Door Opener
- Garage Spaces
- 4
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Listing courtesy of Engel & Volkers Minneapolis Downtown.
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