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8117-19 Pleasant View Court, Mounds View, MN, 55112
Side-by-Side Duplex with Garages

8117-19 Pleasant View Court Mounds View, MN 55112

New
For Sale
$499,900

MULTI_FAMILY - Mounds View, MN

Property Size2,664 SF
Lot Size0.46 Acres
Price / SF$187.65
Days on Market2

Property Features for 8117-19 Pleasant View Court

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2
Parking features
Driveway, Garage - Attached
Exterior features
Fiber Board, Vinyl
Standard status
Active
APN
063023230049
Size
2,664 SF
Lot size
0.46 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
8380

Utilities

Heating system
Forced Air

Building Details

Year built
1981
Listing Agency: RE/MAX Results
Listed By: Blake Olson
Added: Jul 23 Last Checked: Jul 24 at 2:06AM
MLS# 7115269

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This side-by-side duplex at 8117-19 Pleasant View Court offers two spacious units, each with 3 bedrooms and 2 bathrooms. Both units include an attached 2-car garage, walkout main level, and in-unit laundry. The property sits on a 0.46-acre lot and is listed with a total building size of 2,664 square feet.

The home is located in Mounds View, Minnesota on a quiet, low-traffic cul-de-sac. The listing notes convenient access to local parks and walking trails, along with quick highway access for commuting.

For buyers looking for a residential income property, the duplex configuration provides two separate units within one property, with the attached garages and laundry facilities located in each unit.

Key Highlights

  • Side‑by‑side duplex built in 1981 with 3 bedrooms and 2 bathrooms per unit
  • Each unit includes an attached 2‑car garage and in‑unit laundry
  • Walkout main level in both units

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.1k $22.20
− Vacancy −$3.5k −$1.33
EGI $55.6k $20.87
− OpEx −$16.7k −$6.26
NOI $38.9k $14.61
2,664 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$556.0K
$486.5K – $648.7K (±1% cap)
NOI $38,923 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$510.7K
$446.9K – $595.8K (±1% cap)
NOI $35,750 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$635.6K
$556.1K – $741.5K (±1% cap)
NOI $44,490 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Garden Center Furniture & Home Goods Gym & Fitness Center Storage Facility Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Side-by-side duplex featuring 3-bedroom, 2-bath units, attached 2-car garages, and in-unit laundry.
Where is this duplex located?
The property is located at 8117-19 Pleasant View Court Mounds View, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1981 with 3 bedrooms and 2 bathrooms per unit; Each unit includes an attached 2‑car garage and in‑unit laundry; Walkout main level in both units
More about this property
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