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...

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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
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.