Pending

$450,000

5134 Baker Rd, Minnetonka, MN 55343

5beds

2baths

2,225sqft

Est.:

Duplex Up and Down

Built in 1972

-- sqft lot

$458,500 Zestimate^®

$202/sqft

$-- HOA

What's special

Fantastic opportunity in Minnetonka! This well-maintained duplex sits on over half an acre, offering space, privacy, and strong income potential. Recent updates include new carpet and fresh paint throughout, plus the addition of a bedroom that enhances functionality and rental appeal. The property also features a livable shed in the backyard, perfect for a gym, office, hobby space, or additional flexible use. With its generous lot size and updates already completed, this property is ideal for owner-occupants or investors looking to maximize rental income.

30 days

1,029

73

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Features

Basement: Daylight,Egress Window(s),Finished

Interior area

Total structure area: 2,225
Total interior livable area: 2,225 sqft
Finished area above ground: 959
Finished area below ground: 1,152

Property

Parking

Total spaces: 2
Parking features: Attached, Carport
Attached garage spaces: 2
Has carport: Yes

Accessibility

Accessibility features: None

Features

Levels: Multi/Split

Lot

Size: 0.54 Acres
Dimensions: 110 x 215

Details

Foundation area: 1064
Parcel number: 2711722420008
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Condition

New construction: No
Year built: 1972

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Auditors Sub 321

Location

Region: Minnetonka

Financial & listing details

Price per square foot: $202/sqft
Tax assessed value: $375,500
Annual tax amount: $4,333
Date on market: 3/20/2026
Cumulative days on market: 20 days

Estimated market value

$458,500

$436,000 - $481,000

$2,197/mo

Price history

Date	Event	Price
3/24/2026	Pending sale	$450,000$202/sqft
Source: NorthstarMLS as distributed by MLS GRID #7040206 Report a problem
3/21/2026	Listed for sale	$450,000+11.1%$202/sqft
Source: NorthstarMLS as distributed by MLS GRID #7040206 Report a problem
9/8/2022	Sold	$405,000+1.3%$182/sqft
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem
9/6/2022	Pending sale	$399,900$180/sqft
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem
7/27/2022	Price change	$399,900-5.9%$180/sqft
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem
7/18/2022	Listed for sale	$424,900+160.7%$191/sqft
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem
9/17/2020	Listing removed	$1,795$1/sqft
Source: Twin Cities Home Rental Report a problem
9/5/2020	Price change	$1,795-3%$1/sqft
Source: Twin Cities Home Rental Report a problem
7/28/2020	Listed for rent	$1,850$1/sqft
Source: Owner Report a problem
6/28/2011	Sold	$163,000-30.6%$73/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1294995 Report a problem
6/28/2006	Sold	$235,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,333 -4.6%	$375,500 +2.7%
2024	$4,543 +7.3%	$365,500 +0.6%
2023	$4,235 +9%	$363,500 -0.8%
2022	$3,884 +8.5%	$366,500 +15.5%
2021	$3,580 -5.1%	$317,300 +6.5%
2020	$3,774 +5.4%	$298,000 +0.1%
2019	$3,580 -5.1%	$297,600 +13.8%
2018	$3,774 +18.7%	$261,500 +13.4%
2017	$3,180 +7.7%	$230,600 +2%
2016	$2,953 -0.7%	$226,100 +2%
2015	$2,972 0%	$221,700 +2%
2014	$2,974 +0.1%	$217,400 -1%
2013	$2,971 +3.1%	$219,500 +0.2%
2012	$2,882 -18.7%	$219,000
2011	$3,545 -3%	$219,000 -11.3%
2010	$3,653 +2%	$247,000 -5%
2009	$3,583 +51.1%	$260,000 +19.7%
2006	$2,371 +13.3%	$217,300 +12%
2005	$2,093 +9.3%	$194,100 +15%
2004	$1,915 +9.6%	$168,800 +11.9%
2002	$1,746 -28.3%	$150,800
2001	$2,435	--