5243 Eden Road, Mound, MN 55364 (MLS# 7159747)


$860,000
5243 Eden Road
Mound, MN 55364
MLS# 7159747
8 beds  |  4 baths  |  8016 sqft


5243 Eden Road, Mound, MN 55364
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Property Description
Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 860000
Original List Price: 860000
ListPrice: 860000
List Date: 2026-10-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1985
Yearly/Seasonal: Yearly
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 8016
Above Ground SqFt: 8016
Total SqFt: 8016
Foundation Size: 7200
Style: (MF) Four Plex
Total Finished Sqft: 8016.00
Garage Stalls: 16
Lot Dimensions: 125x288
Acres: 0.41
Assessment Pending: No
Location Tax and Other Information
House Number: 5243
Street Name: Eden
Street Suffix: Road
Postal City: Mound
County: Hennepin
State: MN
Zip Code: 55364
Complex/Dev/Subdivision: Shirley Hills Unit F
Assessments
Tax With Assessments: 10121
Building Information
Finished SqFt Above Ground: 8016
Income and Expenses
Annual Electric Expense: 160
Annual Fuel Expense: 50
Annual Gross Expenses: 38400
Annual Gross Income: 90100
Annual Insurance Expense: 9600
Annual Maintenance Expense: 5200
Annual Repair Expense: 2550
Annual Trash Expense: 260
Annual Water/Sewer Expense: 4300
Total Annual Expenses: 38400
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 440
Public Survey Info
Range#: 24
Section#: 13
Township#: 117
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 87456
Finished SqFt: 1150
Full Baths: 1
Monthly Rent: 1822
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit Details
Total Units: 4
Property Features
Accessible: None
Basement: Partially Finished
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: In Unit
Parking Characteristics: Tuckunder Garage
Sewer: City Sewer/Connected
Unit 1 Cooling: Central
Water: City Water/Connected

Listing Office: Reimagine Real Estate

Last Updated: October - 15 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of October 2026 02:16 PM

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