7 Kaiser Avenue, Medicine Lake, MN 55441

Medicine Lake
Local realty services provided by:ERA Gillespie Real Estate
7 Kaiser Avenue,Medicine Lake, MN 55441
$699,000
  • 4 Beds
  • 4 Baths
  • 2,717 sq. ft.
  • Multi-family
  • Active
Listed by: peter j ice, nathan ice
Office: edina realty, inc.
MLS#:7145468
Source:NSMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$257.27

About this home

Rare up-down duplex opportunity in picturesque Medicine Lake, surrounded by single-family homes and offering beautiful lake views. The owner-occupied upper unit features two bedrooms, two bathrooms, a spacious four-season porch overlooking the private backyard, and Medicine Lake views from the kitchen. The lower unit offers two bedrooms, full bath, private laundry, huge patio, spacious kitchen and family room, plus excellent storage. A private, level backyard with firepit provides plenty of room to enjoy the outdoors. The heated three-stall garage offers generous parking, workspace and private locked storage for each unit. Ideal for an owner occupant, multigenerational living or investment, with convenient access to Medicine Lake, parks, trails, Wayzata Schools and downtown Minneapolis just 15 minutes away. A rare combination of privacy, lake views, garage space and income-producing potential. SEPARATE ELECTRIC METERS & GAS METERS and two separate furnaces and ac as well.

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Home facts

  • Year built:1979
  • Subdivision & Development:Registered Land Surv 1392 Tr
  • Listing ID #:7145468
  • Added:18 day(s) ago
  • Updated:October 11, 2026 at 12:06 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Drainage System, Egress Window(s), Finished, Full, Single Tenant Access, Storage Space, Storage/Locker, Walkout
  • Living area:2,717 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt
  • Year built:1979
  • Building area:2,717 sq. ft.
  • Lot area:0.47 Acres
  • Lot Features:Level, Tree Coverage - Medium, Wooded
  • Construction Materials:Block
  • Exterior Features:Common Garden, In-Ground Sprinkler System
  • Levels:Bi/Split Level

Utilities

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

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$257.27
  • Tax amount:$7,405 (2026)

Parking

  • Parking description:Asphalt, Attached Garage, Garage Door Opener, Guest Parking, Insulated Garage, Storage
  • Garage:Yes
  • Garage spaces:3
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