901-903 12th Street Sw, Forest Lake, MN 55025

Local realty services provided by:ERA Gillespie Real Estate
901-903 12th Street Sw,Forest Lake, MN 55025
$335,000
  • 6 Beds
  • 4 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: tim may
Office: bridge realty, llc.
MLS#:6822398
Source:NSMLS

Price summary

  • Price:$335,000
  • Price per sq. ft.:$139.58

About this home

Turn-key side-by-side duplex in a high-demand Forest Lake rental market! Both units are fully leased, delivering immediate cash flow. Each spacious 1,200 sq ft unit offers 3 BR, 2 BA, in-unit washer/dryer, and brand-new flooring and carpet installed July 2025. New refrigerator and stove in 903 as of October 2025 and new stove in 901 as of November 2025. Tenants love the fenced yard, each with their own shed, and convenient location near lakes, parks, shopping, and major highways. Partial roof replacement completed in 2023 after storm; remaining roof condition unknown. Water heater in Unit 901 replaced in 2022; Unit 903 water heater age unknown. Strong rents, low maintenance updates, and a desirable suburban location make this an outstanding addition to any investment portfolio.

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Home facts

  • Year built:1980
  • Listing ID #:6822398
  • Added:9 day(s) ago
  • Updated:December 17, 2025 at 09:43 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Living area:2,400 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1980
  • Building area:2,400 sq. ft.

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$335,000
  • Price per sq. ft.:$139.58
  • Tax amount:$3,948 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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