REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alex Mayer

alex@homesbyalexmayer.com +1(507) 696-7510

$ 350,000

Est. payment -/mo

Save

Pending

7920 Terrace RD NE Spring Lake Park, MN 55432

4 Beds

2 Baths

1,728 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Pending

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $202

Subdivision Ferndale Add

MLS Listing ID 7049215

Bedrooms 4

Year Built 1958

Annual Tax Amount $4,538

Tax Year 2026

Contingent None

Lot Dimensions 120x129

Property Sub-Type Duplex Side by Side

Property Description

Rare opportunity to own a side-by-side duplex with one side vacant for owner-occupancy and the other side leased month-to-month, offering immediate rental income. Each unit features 2 bedrooms, 1 bathroom, an attached garage stall, and access to a shared onsite laundry room conveniently located between the units. Situated on a spacious lot with large front and back yards, the property offers mature trees, plenty of shade, and ample on-street parking. Unit 7922 has seen recent cosmetic updates including new flooring, carpet, and freshly painted kitchen cabinets. This property presents a solid opportunity for investors looking to expand their portfolio or for an owner-occupant looking to offset their mortgage with rental income. Recent mechanical updates include a new furnace and water heater in 2024, along with a new laundry tub in 2025. Conveniently located near schools, parks, Mercy Hospital, public transportation, and several retail and shopping areas, this property offers easy access to everyday amenities for both tenants and future owners alike.

Location

State MN

County Anoka

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement None

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 2.0

Fence None

Roof Type Age Over 8 Years,Asphalt

Building

Lot Description Tree Coverage - Light

Story One

Foundation 1728

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Spring Lake Park

Listed by Kerby Skurat • RE/MAX Results

Nearby Locations

Alex Mayer

Broker Associate | License ID: 40666539

+1(507) 696-7510

Alex Mayer

7920 Terrace RD NE Spring Lake Park, MN 55432

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

GET MORE INFORMATION

Go tour this home

7920 Terrace RD NE