Pending Duplex MLS# 7110419

1082 5th Street SE

Forest Lake, MN 55025

$555,000

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About 1082 5th Street SE

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.

Property details

Property

Type
Duplex Side by Side
MLS type
Duplex
Status
Pending
Year built
1995
Stories
Split Entry (Bi-Level)
Living area
3,696 sqft
Price / sqft
$150
Lot
0.232
Original price
$555,000
MLS #
7110419

Interior

Features
Baseboard, In Basement, In Unit, Finished, Full
Heating
Baseboard
Laundry
In Basement, In Unit

Exterior & lot

Features
Aluminum Siding, Vinyl, Attached Garage, Concrete, Garage Door Opener
Construction
Split Entry (Bi-Level), Block, Age 8 Years or Less, Asphalt
Roof
Age 8 Years or Less, Asphalt
Foundation
Block
Lot
0903221330127
Parking
Attached Garage, Concrete, Garage Door Opener
Garage spaces
4

Schools

District
Forest Lake Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$5,758
Tax year
2025
Parcel
0903221330127

Location

Subdivision
Fred Richters Forest Lake Add
County
Washington
Community
Washington, City Street, Paved Streets, northstar, Forest Lake
Directions
61 to 11th east to 5th North to home.

Location

Neighborhood
Fred Richters Forest Lake Add
School district
Forest Lake Public School District

Ask about this property

Questions on 1082 5th Street SE, Forest Lake, MN 55025, or want to see it in person?

Listed by Spencer A Hutton, Engel & Volkers Minneapolis

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.