Movoto Real Estate
Sold on 04/10/2026
  • Exterior
  • Kitchen
  • Bath
  • Other
  • Bedroom

2128 Cedar Ln, Mound, MN 55364

  • $440,000

    Last sold 04/10/2026 after 47 Days

  • 4

    bed

  • 2

    bath

  • 2,092

    Sqft ($210/Sqft)

Multi-family not for sale
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About 2128 Cedar Ln

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 0.29 Acre
Parking 2 garage spaces
Property description
Rare Lake Area Duplex – Prime Investment Opportunity Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity. Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining. 2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit. Income. Scarcity. Location. Long-term upside.
Listed by
Listing Agent - Bob Beutler
Listing Office - National Realty Guild
Source: Northstar MLS mls logo
MLS#7020651 • last updated 3 months ago
Movoto checked Northstar MLS for data 4 minutes ago
Overview
Heating Baseboard
Levels/Style Three Level Split
MLS # 7020651
Type Residential Income
SubType Duplex Side By Side
Property Tax 5161
Tax Assessment 5161
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 2
# Bedrooms 4
Laundry In Unit
Accessibility Features None
Exterior
Construction Block, Frame
# Garage Spaces 2
Parking Desc Tuckunder Garage
Lot Desc Tree Coverage - Medium
Fencing Chain Link
Amenities / Utilities
Electric Circuit Breakers
Water Source City Water - In Street
HOA Amenities Patio
Pool Desc None
Location
Waterfront Lake View
County Hennepin
Subdivision Abraham Lincoln Add Lake Side Park
High School District Westonka
APN 1311724310075
Zoning Residential-Multi-Family
Multifamily Details
Tenant Pays All Utilities
Total # of Units 2
Annual Gross Income 37400
Lot/ Land Details
Road Frontage City Street
Present Use Yearly
Road Responsibility Public Maintained Road
  • May 2026
    mls logo MLS # 7020651
  • May 7, 2026 Sold
    $440,000 (-2.2%)
  • Apr 10, 2026 Pending
  • Mar 6, 2026 Price Change
    $450,000 (-14.3%)
  • Feb 18, 2026 Coming Soon
    $525,000 (+157.4%)
  • Aug 2016
    Public Records
  • Aug 5, 2016 Sold
    $204,000
  • 2128 Cedar Ln
    $440K
  • Abraham Lincoln Add Lake Side Park
  • 55364
    $750K +25% y/y
  • Mound
    $604K +37% y/y
No chart available
Statistics calculated by Movoto

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9/10
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Source: GreatSchools.org © 2026. All rights reserved.

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