1082 5th Se Street, Forest Lake, Minnesota 55025

MN, Forest Lake
$555,000
  • 6 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1995 Year Built
  • Pending Status
See All 45 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7110419
  • Price: $555,000
  • Year Built: 1995
  • Listing Status: Pending
  • Office Name: Engel & Volkers Minneapolis
  • Property Sub Type: Duplex Side by Side
  • Roof: Asphalt,Age 8 Years or Less
Features
  • Heating System Baseboard
  • Basement Full,Finished
  • Fence None
  • Parking Attached Garage,Garage Door Opener,Concrete
  • Exterior Features Vinyl,Aluminum Siding
  • Laundry Features In Unit,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Washington
  • City Forest Lake
  • Zipcode 55025
  • Street: 5th
  • Street Number: 1082
  • Street Suffix: Street
  • Longitude: W93° 1' 19.7''
  • Latitude: N45° 16' 7.2''
  • Directions: 61 to 11th east to 5th North to home.
  • Street Dir Suffix: SE
Neighborhood
  • High School District: Forest Lake
MLS Addon
  • Office Name: Engel & Volkers Minneapolis
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: None
  • Building Size: 3696
  • Construction Materials: Block,Frame
  • Foundation Details: Block
  • Garage: 4
  • Levels: Split Entry (Bi-Level)
  • Lot Features: Irregular Lot,Tree Coverage - Medium
  • Lot Size Dimensions: 69x140
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 5758
Listing Information
  • List Agent Mls Id: 502038953
  • List Office Mls Id: 21589
  • Modification Timestamp: 2026-09-10T15:29:07Z
  • Originating System Name: NorthStar
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