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Two-Unit Duplex with Private Patios

205 Ridgeway Lane, Walker, MN 56484

For Sale
New
$650,000

Residential Income, Walker, MN

Property Size2,710 SF
Lot Size2.45 Acres
Price / SF$239.85
Days on Market4

Property Features for 205 Ridgeway Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 4, Laundry Room, Bedroom 2
Parking features Garage, Driveway, Open, Garage - Attached
Patio and Porch features Porch, Patio
Subdivision Boulder Ridge Estates
Lot features Corner Lot, Tree Coverage - Medium
High school district Walker-Hackensack-Akeley
Directions From downtown Walker, head NW on 371. Turn Left on Sautbine RD NW then Right On Ridgeway Lane. Home will be on your Left.
Standard status Active
APN 963640340
Size 2,710 SF
Lot size 2.45 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1

Utilities

Heating system Radiant
Water source Well

Building Details

Year built 2025
Building materials Concrete
Roof type Shingle
Buildings 1
Listing Agency: Premier Real Estate Services
Listed By: Jacqui Wilczek
Added: Nov 4 Changed: Nov 5 Last Checked: Nov 7 at 3:06PM
MLS# 7168235

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.

Rey
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Investment Insights

Based on property information with market context.

This 2025-built duplex contains 2,710 square feet across two residences, each with a single-level plan, two bedrooms, two full baths, vaulted ceilings, wood finishes, modern appliances, and a walk-through closet. A private patio serves each unit. The property occupies a 2.453-acre corner lot with trees and includes attached garage parking and driveway parking. Heating is radiant, and the water source is a well.

The property is in Walker, with shopping, dining, and recreation in town. It is rented through May 2027.

Key Highlights

  • Two residences, each with 2 bedrooms and 2 full baths
  • 2,710‑square‑foot duplex on a 2.453‑acre corner lot
  • Each unit has a private patio, vaulted ceilings, and a walk‑through closet

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 56484, MN

3,517
Population
2,592
Households
1.4
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
91.8 sq mi
ZIP Area
38
Density / Sq Mi
$64,688
Median Household Income
$35,024
Median Earnings
$625
Median Rent
$292,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer single-level layouts, vaulted ceilings, and two bedrooms with two full baths.
Where is this duplex located?
The property is located at 205 Ridgeway Lane Walker, MN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full baths; 2,710‑square‑foot duplex on a 2.453‑acre corner lot; Each unit has a private patio, vaulted ceilings, and a walk‑through closet
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