Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $335,000
MLS#: 6822398
Current Price: $335,000
Address: 901-903 12th Street SW, Forest Lake, MN 55025
City: Forest Lake
State: MN
Postal Code: 55025
Geo Lat: 45.270151
Geo Lon: -92.998587
Subdivision:
County: Washington
Property Description
Year Built: 1980
Lot Size SqFt:
Gen Tax: 0
Specials Inst: 3948
High School: Forest Lake
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 2400
Style: Array
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
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