Residential Income

Medicine Lake, MN Residential Income Properties for Sale

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Duplex With Heated Garage
Updated: Oct 7
Duplex With Heated Garage

7 Kaiser Avenue, Medicine Lake, MN 55441

$699,000
2,717 sqft
Up‑and‑down duplex with two‑bedroom residences on each level
Upper unit has 2 bathrooms; lower unit has 1 full bathroom
2,717 square feet; built in 1979
Heated three‑stall garage with workspace and locked storage for each unit
Separate electric and gas meters, furnaces, and air‑conditioning systems
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Medicine Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Multifamily Property
Four-Unit Multifamily Property

2709 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.34 AC lot

All four residences are leased, with on-site parking and hot-water heating.

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2-Unit Duplex With Detached Garage
2-Unit Duplex With Detached Garage

305-307 Reno Street, Wayzata, MN 55391

$799,900
3,246 sqft 0.23 AC lot

One residence features renovated kitchen and bath areas, and each unit has its own laundry.

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Renovated Duplex with Tandem Garage
Renovated Duplex with Tandem Garage

305-307 Reno Street, Wayzata, MN 55391

$799,900
3,246 sqft

Two separate residences include individual laundry, with one unit updated throughout and the other offering scope for remaining improvements.

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Four-Unit Apartment Property
Four-Unit Apartment Property

2701 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.32 AC lot

All four residences are leased, with hot-water heating and on-site parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Minneapolis
Residential Lot in Minneapolis

1519 Oliver Avenue N, Minneapolis, MN 55411

$32,900
0.12 AC lot

Residential lot zoned for up to three units near downtown.

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Minneapolis Vacant Land For Sale
Minneapolis Vacant Land For Sale

3318 Oliver Avenue N, Minneapolis, MN 55412

$39,900
0.12 AC lot

Vacant land in Minneapolis, ideal for builders and developers.

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Buildable Land in Maple Grove
Buildable Land in Maple Grove

7200 Comstock Lane N, Maple Grove, MN 55311

$325,000
1.27 AC lot

1.27 acres of buildable land in a desirable location.

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Residential Lot in Glen Lake
Residential Lot in Glen Lake

14705 Glendale Road, Minnetonka, MN 55345

$289,900
0.50 AC lot

Vacant lot in Minnetonka's desirable Glen Lake area.

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Medicine Lake, MN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Medicine Lake, MN on our real estate platform. These investment opportunities span a total of 2,717 square feet of properties for sale, with an estimated market value of $699,000.

Sale prices for residential investment properties in Medicine Lake, MN average $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 18K
Population Growth (5Y) -1.9%
Median Household Income $100,288
College Educated 79.9%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

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