7920 Terrace Road Ne, Spring Lake Park, MN 55432
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
7920 Terrace Road Ne,Spring Lake Park, MN 55432
$350,000
- 4 Beds
- 2 Baths
- 1,728 sq. ft.
- Multi-family
- Pending
MLS#:7049215
Source:NSMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$202.55
About this home
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....
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Home facts
- Year built:1958
- Listing ID #:7049215
- Added:14 day(s) ago
- Updated:April 24, 2026 at 07:56 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Basement:Yes
- Living area:1,728 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Age Over 8 Years, Asphalt
- Year built:1958
- Building area:1,728 sq. ft.
- Lot area:0.36 Acres
- Lot Features:Tree Coverage - Light
- Levels:1 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$202.55
- Tax amount:$4,539 (2026)
Parking
- Parking description:Asphalt, Attached Garage
- Garage:Yes
- Garage spaces:2
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