Description
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...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.
- Listed by National Realty Guild
Property Details for 2128 Cedar Lane
Property Details for 2128 Cedar Lane
| Status | Active |
|---|---|
| MLS # | 7020651 |
| Days on Compass | 17 |
| Taxes | $5,161 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 0.29 AC / 12,632 SF |
| County | Hennepin County |
Location
Building Information for 2128 Cedar Lane
Payment Calculator
$2,614 per month
30 year fixed, 6.11% Interest
$2,184
$430
$0
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1Property Information for 2128 Cedar Lane
- City Name: Mound
- County Or Parish: Hennepin
- County: Hennepin-MN
- Directions: commerce blvd to tonkawood to noble ln to cedar ln
- Latitude: 44.940203
- Longitude: -93.660923
- Nbr of Acres: 14206
- Lake Name: General Development
- PLAT: 113
- Map Coordinate: 116-E1
- City and Location: Mound
- City and Location Text: Mound(MN)
- Postal Code: 55364
- State Or Province: MN
- Public Survey Township: 117
- Topography: Level
- Water Body Name: Minnetonka
- Waterfront Footage: 27013300
- Additional Parcels: No
- Parcel Number: 1311724310075
- Tax Annual Amount: $5,161.00
- Tax Legal Description: BLOCK 003 ABRAHAM LINCOLN ADDN LAKE SIDE PARK LOT 4 AND THE W 112.5 FT OF LOT 3 ALSO TH W 112.5 FT OF THE S 10 FT OF LOT 2
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2025
- Tax With Assessments: 5161
- High School District: 1250 - Westonka
- School District Number: 1250
- School District Phone: 9524918001
- Above Grade Fin SQFT: 1792.0
- Below Grade Fin SQFT: 300.0
- SQFT Total: 2092.0
- Living Area Units: Square Feet
- Lot Features: Tree Coverage - Medium
- Lot Size Area: 0.29
- Lot Size Dimensions: 110x120
- Lot Size Units: Acres
- Present Use: Yearly
- Property Type: Residential Income
- SQFT Main Total: 1792
- Building Area Total: 2092.0
- Above Grade SqFt Total: 1792
- Below Grade SqFt Total: 300
- Electric: Circuit Breakers
- Sewer: City Sewer - In Street
- Water Source: City Water - In Street
- Accessibility Features: None
- Association Amenities: Patio
- Fencing: Chain Link
- Foundation Area: 1792.0
- Fuel: Electric
- Pool Features: None
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
- Roof: Asphalt
- Patio Porch Type: Deck,Patio
- Basement Type: Full
- Bathrooms Total Count: 2
- Bedrooms Total: 4
- DP Resource: Yes
- Garage Dimensions: 12x18
- Garage Door Height: 7
- Garage Door Width: 12
- Garage Square Feet: 240
- Heating: Baseboard
- Laundry Features: In Unit
- Levels: Three Level Split
- Number of Refrigerator: Two
- Basement YN: Yes
- Unit Amenities: Patio, Washer/Dryer Hookup
- Unit Appl: Dishwasher, Dryer, Range, Refrigerator, Washer
- Unit Bath Description: Upper Level Full Bath
- Unit Bath Full: 1
- Unit Cool System: Ductless Mini-Split
- Unit Rooms Total: 4
- Unit SqFt: 900
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Dining Room Description: Breakfast Bar, Living/Dining Room
- Family Room Features: Family Room, Lower Level
- Unit Is Leased: Y
- Unit Level: Main Level
- Unit Type Total Rent: 2000
- Unit Furnished: Furnished
- Unit Amenities: Patio, Washer/Dryer Hookup
- Unit Appl: Dishwasher, Dryer, Water Heater - Electric, Range, Refrigerator, Washer
- Unit Bath Description: Upper Level Full Bath
- Unit Bath Full: 1
- Unit Rooms Total: 4
- Unit SqFt: 900
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Dining Room Description: Living/Dining Room
- Family Room Features: Lower Level
- Unit Is Leased: Y
- Unit Level: Main Level
- Unit Type Total Rent: 1450
- Unit Furnished: Unfurnished
Property History for 2128 Cedar Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 6, 2026 | Price Change NorthStar #7020651 | $450,000 | — |
| Feb 21, 2026 | Listed (Active) NorthStar #7020651 | — | |
| Aug 2, 2016 | Sold (Public Record) Public Record #576434867 | $204,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/06/2026 | Price Change NorthStar #7020651 | $450,000 |
| 02/21/2026 | Listed (Active) NorthStar #7020651 | — |
| 08/02/2016 | Sold (Public Record) Public Record #576434867 | $204,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2128 Cedar Lane
Schools near 2128 Cedar Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 7 | |||
| Public - | 8 to 12 | |||
| Public - | 12 |
Rating | School | Distance |
|---|---|---|
Hilltop Primary School PublicK to 4 | ||
Grandview Middle School Public5 to 7 | ||
Mound-Westonka High School Public8 to 12 | ||
Transition Plus Public12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of National Realty Guild
Based on information submitted to the MLS GRID as of 03/06/2026 09:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
