Skip to content
Back to search

$699,000

  • 4 beds
  • 4 baths
  • 2,717 sqft

7 Kaiser Avenue, Medicine Lake, MN 55441

For sale Est. —/mo

  • Multi-family home · Duplex Up and Down
  • Built in 1979
  • 0.47 acres lot
  • $257/sqft
  • 3-car garage

Overview

6 days on market MLS # 7145468 Virtual tour

Rare up-down duplex opportunity in picturesque Medicine Lake, surrounded by single-family homes and offering beautiful lake views. The owner-occupied upper unit features two bedrooms, two bathrooms, a spacious four-season porch overlooking the private backyard, and Medicine Lake views from the kitchen. The lower unit offers two bedrooms, full bath, private laundry, huge patio, spacious kitchen and family room, plus excellent storage. A private, level backyard with firepit provides plenty of room to enjoy the outdoors. The heated three-stall garage offers generous parking, workspace and private locked storage for each unit. Ideal for an owner occupant, multigenerational living or investment, with convenient access to Medicine Lake, parks, trails, Wayzata Schools and downtown Minneapolis just 15 minutes away. A rare combination of privacy, lake views, garage space and income-producing potential.

SEPARATE ELECTRIC METERS & GAS METERS and two separate furnaces and ac as well.

Facts & features

Interior

  • Bedrooms: 4
  • Bathrooms: 4
  • Finished sqft: 2,717
  • Above grade sqft: 1,429
  • Below grade sqft: 1,288
  • Basement: Drainage System, Egress Window(s), Finished, Full, Single Tenant Access, Storage/Locker, Storage Space, Walkout
  • Heating: Forced Air
  • Laundry: Lower Level, Main Level, In Unit

Property

  • Parking: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Insulated Garage, Storage
  • Garage spaces: 3
  • Lot size: 0.47 acres
  • Lot dimensions: 202x198x85x127
  • Lot features: Tree Coverage - Medium
  • Exterior features: Vinyl
  • Fencing: None
  • Pool: None
  • Waterfront: Lake View

Construction

  • Home type: Multi-family home (Duplex Up and Down)
  • Levels: Split Entry (Bi-Level)
  • Year built: 1979
  • Exterior: Block
  • Roof: Age 8 Years or Less, Asphalt

Utilities

  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Community & HOA

  • Subdivision: Registered Land Surv 1392 Tr
  • Amenities: Common Garden, In-Ground Sprinkler System

Taxes & location

  • Annual taxes: $7,405 (2026)
  • County: Hennepin
  • School district: Wayzata

Listing

  • Status: For sale
  • Listed: Sep 22, 2026
  • Days on market: 6
  • MLS #: 7145468

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of Edina Realty, Inc.

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 14, 2026.