1082 5th Street Se, Forest Lake, MN 55025
Local realty services provided by:ERA Gillespie Real Estate
1082 5th Street Se,Forest Lake, MN 55025
$579,000
- 6 Beds
- 4 Baths
- 3,696 sq. ft.
- Multi-family
- Active
Listed by: spencer a hutton
Office: engel & volkers minneapolis downtown
MLS#:7045525
Source:NSMLS
Price summary
- Price:$579,000
- Price per sq. ft.:$156.66
About this home
Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA
Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market....
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Home facts
- Year built:1995
- Listing ID #:7045525
- Added:3 day(s) ago
- Updated:May 18, 2026 at 12:04 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Basement:Yes
- Basement Description:Finished, Full
- Living area:3,696 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Age 8 Years or Less, Asphalt
- Year built:1995
- Building area:3,696 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Irregular Lot, Tree Coverage - Medium
- Construction Materials:Block
- Levels:Bi/Split Level
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$579,000
- Price per sq. ft.:$156.66
- Tax amount:$5,758 (2025)
Parking
- Parking description:Attached Garage, Concrete, Garage Door Opener
- Garage:Yes
- Garage spaces:4
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