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Fourplex Near Lake Minnetonka
For Sale
$860,000

5243 Eden Road, Mound, MN 55364

Four residential units allow an owner to occupy one and lease the other three.

Property Size8,016 SF
Price / SF$107.29
Days on Market17

Property Features for 5243 Eden Road

General Information

Standard status Active
Size 8,016 SF
Property subtype Fourplex

Additional Details

Multifamily Units 4

Building Details

Year Built 1985
Listing Agency: CAIBERT Real Estate Solutions
Listed By: Jason Brown
Source: Caibert
Added: Oct 14 Changed: Oct 28 Last Checked: Oct 28 at 3:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAIBERT Real Estate Solutions

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Investment Insights

Based on property information with market context.

Built in 1985, this four-unit residential property offers a configuration that can accommodate owner occupancy alongside rental use. An owner could live in one unit and rent the remaining three. The property size is 8,016 square feet.

The property is in Mound, in the Lake Minnetonka area, with the Dakota Rail Regional Trail, local parks, beaches, restaurants, and shops among the nearby amenities. Minneapolis is approximately 20 miles away.

Key Highlights

  • Four‑unit property with the option to occupy one unit and rent the other three
  • 8,016‑square‑foot property
  • Built in 1985

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 55364, MN

15,210
Population
6,740
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
98%
High-School Grad
15.2 sq mi
ZIP Area
1,001
Density / Sq Mi
$111,083
Median Household Income
$72,391
Median Earnings
$1,128
Median Rent
$411,200
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?
Quadplex - Four residential units allow an owner to occupy one and lease the other three.
Where is this quadplex located?
The property is located at 5243 Eden Road Mound, MN.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Four‑unit property with the option to occupy one unit and rent the other three; 8,016‑square‑foot property; Built in 1985
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