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Back 16558 Franklin Trail Southeast
Off Market

16558 Franklin Trail Southeast

Prior Lake MN 55372

5
4160 sq. ft.
0.54 ac.
Apartment
Last sold for $715,000
Mark GoresMark Gores, last sold this property on 22 July 2025 after 262 days on market.

Overview

Impeccably maintained 4-plex! Seller prefers to sell with twin building at 16578 Franklin Trail, offering a unique opportunity to acquire two well-kept investment properties as a package. Each building has three 3-bedroom units, one 2-bedroom unit, and a paved parking lot with five garage stalls, assigned spaces, and guest parking. Recent updates include half the units with updated kitchens and baths, fresh exterior paint, stained decks, and sealed/numbered driveways. Added perks: coin-op laundry, two decks, two patios, and a 2012 roof replacement. Long-term tenants and below-market rents (see supplement) present strong upside potential. Don’t miss this chance for a high-quality, low-maintenance investment!

Features

5 carspaces
5 garage spaces
4160 sq. ft. floor area
0.54 ac. lot size
Apartment

Estimated Value

We need at least 3 similar apartments sold in Prior Lake over the last 12 months.

Property history for 16558 Franklin Trail Southeast

2025
Sold
$715,000
22 Jul 2025 by Mark Gores, of RE/MAX Advantage Plus

Happy sellers in Prior Lake

94%
94% of sellers in Prior Lake reported that their sale price either exceeded or met their price expectations.

Prior Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Prior Lake over the last 12 months.

Local market activity for apartments in Prior Lake

Nearby agents

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Andrea Citrowske

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Denise Kimbler Olson is a recommended agent for Prior Lake.  They have 2 local sales and collected 1 local review across the last 12 months.

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Alyssa Swenson

Alyssa Swenson is a recommended agent for Prior Lake.  They have 1 local sale and collected 1 local review across the last 12 months.

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Danea Bruber

Danea Bruber is a recommended agent for Prior Lake.  They have collected 1 local review across the last 12 months.

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