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7920 Terrace Rd NE

Spring Lake Park MN 55432

4
2
2
1728 sq. ft.
0.36 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1728 sq. ft. floor area
0.36 ac. lot size
Duplex

Property history for 7920 Terrace Rd NE

2020
Sold
$252,000
20 Nov 2020 by Wardell Haywood, of KELLER WILLIAMS CLASSIC REALTY
2017
Sold
$193,750
01 Jun 2017 by Stephen Seidl, of Coldwell Banker Realty

Happy sellers in Spring Lake Park

90%
90% of sellers in Spring Lake Park reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Spring Lake Park over the last 12 months.

Local market activity for 4 bedroom duplexes in Spring Lake Park

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