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Listed price in listed location currency (USD).
$335,000

640

MLS® 6822398

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2400 sqft
Garage No
Taxes $3,948
Days Active 0
Lot Size 
Approx. Age 1980
Avg. Price Per Sqft $139
MLS® Number 6822398

Property Address: 903-901 12th St Sw, Forest Lake, MN, 55025-1742

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number6822398
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1980
BasementNone
DrivewayGravel
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 9, 2025List Date
$335,000List Price
  • Commute

Commute

Starting Address
Destination Address
901 12 Th St Sw, Forest Lake, MN

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