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  • $335,000

    901-903 12th St SW, Forest Lake, MN 55025

    6beds
    4baths
    2,400sqft
    : 
    Other
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    Fenced yard
    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.
    2 days
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    386
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    22
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    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 01:06pm

    Listed by:

    Tim May 612-720-7769,

    Bridge Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6822398MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Baseboard
    Features
    • Basement: None
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Fencing: Chain Link
    Lot
    • Size: 10,000 Square Feet
    • Dimensions: 125 x 80
    Details
    • Foundation area: 2400
    • Parcel number: 0803221330007
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Location
    • Region: Forest Lake

    Financial & listing details

    • Price per square foot: $140/sqft
    • Annual tax amount: $3,948
    • Date on market: 12/9/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/9/2025Listed for sale$335,000$140/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6822398 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,041/mo
    Principal & interest
    $1645
    Property taxes
    $279
    Home insurance
    $117

      Climate risks

      Neighborhood: 55025

      Nearby schools

      GreatSchools rating

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