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Sold on 09/20/2023

21165 Forest Dr, Shorewood, MN 55331

  • $535,000

    Last sold 09/20/2023 for $488K

  • —

    bed

  • —

    bath

  • 2,976

    Sqft ($164/Sqft)

Multi-family not for sale
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About 21165 Forest Dr

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 0.38 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Calling all investors!! This duplex is located on a large double lot- two apartments. The top floor has 2 bedrooms, full bath, kitchen, sun room and laundry room. It has its own furnace and electric service. It has a washer, dryer disposal and dishwasher- currently rented for 1070 on a month to month lease. The main level unit has two floors and a total of 12 rooms- 4 bedrooms, living room, family room, sun room and a second lower level kitchenette which includes a second range and a refrigerator. Laundry area also in the lower level. It has a separate front and rear entrance, garage and a small outdoor patio. The upper kitchen has granite and hardwood flooring. It rents for 1700 per month plus utilities. Showings Monday thru Friday 10-3- prefer 24 hour showings
Listed by
Listing Agent - Colleen Johnson
Listing Office - RE/MAX Advantage Plus
Source: Northstar MLS mls logo
MLS#6396685 • last updated 2 years ago
Movoto checked Northstar MLS for data 47 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 6396685
Type Residential Income
SubType Duplex Up And Down
Property Tax 5387
Tax Assessment 5387
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Accessibility Features None
Exterior
Construction Fiber Board
# Garage Spaces 2
Parking Desc Detached
Lot Desc Corner Lot, Tree Coverage - Medium
Amenities / Utilities
Water Source Well
Location
County Hennepin
Subdivision Minnetonka Manor
High School District Minnetonka
APN 2611723140045
Multifamily Details
Tenant Pays All Utilities
Total # of Units 2
Annual Gross Income 33240
Expense: Trash 1200
Operating Expense 7500
Expense: Insurance 2000
Expenses 7500
Expense: Other 1000
Lot/ Land Details
Road Frontage City Street
Present Use Yearly
  • Nov 2023
    mls logo MLS # 6396685
  • Nov 1, 2023 Sold
    $488,000 (-11.3%)
  • Sep 27, 2023 Pending
    —
  • Jul 5, 2023 Coming Soon
    $550,000

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Nearby homes for sale in Shorewood, MN

  • Real Estate
  • MN
  • Hennepin County
  • Shorewood
  • 55331
  • 21165 Forest Dr
$535K
Range: $486K-$583K
Last 30 days 
Rental est.: $953/month
Gross rent multiplier: 48.1

Nearby recently sold homes in Shorewood, MN

  • 21165 Forest Dr
    $488K
  • Minnetonka Manor
    —
  • 55331
    $995K +10% y/y
  • Shorewood
    $1.42M +17% y/y
No chart available
Statistics calculated by Movoto
8/10
Deephaven Elementary School
public Grades K-5
Minnetonka Public School District
10/10
Minnetonka Senior High School
public Grades 9-12
Minnetonka Public School District
Source: GreatSchools.org © 2026. All rights reserved.
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