Mound, MN 55364 2128 Cedar Lane
$450,000
8 more
Presented By: National Realty Guild
Beds • 4
Baths • 2
SQFT • 2,092
Garage • 2
Home Details
Rare Lake Area Duplex – Prime Investment Opportunity
Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity.
Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining.
2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit.
Income. Scarcity. Location. Long-term upside.
Presented By: National Realty Guild
Interior Features for 2128 Cedar Lane
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
Above Grade Finished Area1792
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area300
FuelElectric
Garage Dimensions12x18
Garage Door Width7
Garage Square Feet240
Laundry FeaturesIn Unit
General for 2128 Cedar Lane
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPatio
Carport Spaces4
CityMound
Construction MaterialsBlock, Frame
ContingencyInspection
CountyHennepin
Directionscommerce blvd to tonkawood to noble ln to cedar ln
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income37400
HeatingBaseboard
High School DistrictWestonka
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Level Split
Living Area2092
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
Pool FeaturesNone
PostalCityMound
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer - In Street
Standard StatusActive
Subdivision NameAbraham Lincoln Add Lake Side Park
Tax Annual Amount5161
Tax Year2025
Tenant PaysAll Utilities
TopographyLevel
Trash Expense0
Water Sewer Expense0
Waterfront FeaturesLake View
Year Built1979
Zoning DescriptionResidential-Multi-Family
Exterior for 2128 Cedar Lane
Building Area Total2092
FencingChain Link
Foundation Area1792
Lot Dimensions110x120
Lot FeaturesTree Coverage - Medium
Lot Size Area0.29
Parking FeaturesTuckunder Garage
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water - In Street
Additional Details
Price History
John Wichmann
Agent