5017-5019 Shoreline Drive, Mound, MN 55364 (MLS# 7156572)

5017-5019 Shoreline Drive, Mound, MN 55364

New Listing
$399,000
Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 2,607 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $399,000 List Date: 10/07/2026 Last Modified: 10/08/2026

Overview

Description

Fantastic investment opportunity in Mound! Unit 5019 has been newly renovated, is vacant and is ready to rent! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 1 bathroom, making it an excellent addition to a rental portfolio or a great option for an owner-occupant. Both units feature nice updates, comfortable living spaces, and their own private laundry for added convenience. Each unit also has its own garage, providing valuable additional parking and storage. The property sits on a large yard with plenty of outdoor space and a more private setting for tenants to enjoy. Current rents are below market value, offering potential upside for a new owner and an opportunity to increase future rental income. With two 3-bedroom units, separate laundry, garage space for each unit, and a generous yard, this property offers many of the features tenants look for in a rental. Conveniently located in Mound near Lake Minnetonka, parks, shopping, dining, schools, ...

Listing Details MLS# 7156572

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1970
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1850
Above Ground SqFt
1850
Below Grd Total SqFt
757
Total SqFt
2607
Foundation Size
1850
Style
(MF) Duplex Side X Side
Total Finished Sqft
2412.00
Garage Stalls
4
Lot Dimensions
60x218
Acres
0.3
Assessment Pending
Unknown

Property Features

Accessible: None Assumable Loan: Not Assumable Construction Materials: Block Construction Status: Previously Owned Existing Financing: Free and Clear Exterior: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Combo Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
399000
ListPrice
399000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5017-5019
Street Name
Shoreline
Street Suffix
Drive
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
John S Carlson Add

Assessments

Tax With Assessments
5207

Building Information

Finished SqFt Above Ground
1850
Finished SqFt Below Ground
562

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
23x36
Garage Square Feet
859

Public Survey Info

Range#
24
Section#
13
Township#
117

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Finished SqFt
1317
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-08-31
Leased?
Yes
Unit Number
2
Finished SqFt
1317
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
6

Unit Details

Total Units
2
IDX
Listing Office: 10K Realty
Last Updated: October - 08 - 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.
Search powered by FBS Products