115 Peninsula RD, Minneapolis, MN 55441
115 Peninsula RD, Minneapolis, MN 55441
115 Peninsula RD, Minneapolis, MN 55441
35
$670,000
$699,900
4.3%
Est.Price: ?

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6 BD
4 BA
2,950 SqFt

115 Peninsula RD Minneapolis, MN 55441

Est. payment /mo
SOLD DATE : 05/15/2026

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Key Details

Sold Price $670,000

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 2,950 sqft

Price per Sqft $227

Subdivision Medicine Lake Park 1St Div

MLS Listing ID 6811562

Bedrooms 6

Year Built 1961

Annual Tax Amount $8,306

Tax Year 2025

Lot Size 0.570 Acres

Property Sub-Type Duplex Side by Side

Property Description

A rare gem in the heart of Medicine Lake, this exceptional owner-occupied duplex is a dream opportunity for both investors and homeowners alike. Featuring two generously sized units, each offering updated kitchens, three bedrooms, and two bathrooms, this property effortlessly combines comfort and practicality.

Set on a sprawling half-acre lot, you'll enjoy plenty of yard space, mature trees for added privacy, and the convenience of a three-car detached garage. Nestled in the prestigious Wayzata school district and surrounded by multi-million-dollar homes, this is the only single-owner duplex in Medicine Lake—a truly unique find.

Location is key, and this property shines with its proximity to the Luce Line Trail system, Medicine Lake Regional Parks, and a quick 15-minute drive to downtown Minneapolis. For investors, Unit 2 has been rented on a month-to-month basis since 2019 at $1,900 per month, with tenants covering separate utilities—making it a hassle-free income stream.

Don't miss your chance to own this one-of-a-kind property in a highly sought-after community. Whether you're looking to invest or create your own tranquil retreat, Medicine Lake offers the lifestyle and location you've been waiting for.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Laundry Lower Level

Exterior

Parking Features Detached Garage, Asphalt, Multiple Garages, Shared Garage/Stall

Garage Spaces 3.0

Pool None

Roof Type Age 8 Years or Less

Building

Lot Description Corner Lot, Irregular Lot, Tree Coverage - Light

Story One

Foundation 1700

Sewer City Sewer/Connected

Water City Water - In Street, Well

New Construction false

Schools

School District Wayzata

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Listed by Jesse Swanson • Compass

NEARBY SCHOOLS & BUSINESSES

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Steve Fiorella

Steve Fiorella

Broker Associate | License ID: 40551269

+1(612) 388-8186

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