Active
3 beds2 baths3,246 sqft
305-307 Reno St, Wayzata, MN 55391
Est: $5,050/moGet pre-approved
Multi FamilyProperty Type
0.23 acresLot Size
1965Year Built
$246/sq ftPrice per sq ft
2 carsParking Spaces

Description

Location, Location, Location! This duplex is nestled in the heart of Wayzata Proper! Do not miss out on this gorgeous neighborhood within 2-5 minutes walking to everything downtown Wayzata has to offer! Walk to the restaraunts, beach, dock, etc. Great opportunity with an assumable 2.875% VA mortgage! Perfect owner occupant property or finish updating for a turn key operation! Unit 307 has been fully renovated with new kitchen, baths, windows, refinished hardwoods! Unit 205 is could use some minor...Location, Location, Location! This duplex is nestled in the heart of Wayzata Proper! Do not miss out on this gorgeous neighborhood within 2-5 minutes walking to everything downtown Wayzata has to offer! Walk to the restaraunts, beach, dock, etc. Great opportunity with an assumable 2.875% VA mortgage! Perfect owner occupant property or finish updating for a turn key operation! Unit 307 has been fully renovated with new kitchen, baths, windows, refinished hardwoods! Unit 205 is could use some minor project completions. Tandem garage offers 600 sq feet of parking and storage. Brand new top of the line roof with lifetime warranty. Truly a coveted lot. Newer water heaters, stainless steel appliances, granite, spiral staircases. Each unit has its own laundry! Land value alone is supported in this neighborhood with homes valued at $2M+
Days on Market Listed Today
  • Listed by: • Ferrell Real Estate Group Inc
Last updated: 09/30/2026 03:46 PM • Source: NorthStar, MLS#: 7152586

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Listing Courtesy of Ferrell Real Estate Group Inc
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$5,050 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,270

Property Taxes

$780

HOA Dues

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Property Information for 305-307 Reno Street

Property Details
  • Taxes: $9,355 / year
  • MLS Type: Residential Income / Duplex Side by Side
  • Subdivision Name: New Wayzata
  • Waterfront YN: No
  • Zoning Jurisdiction: Residential-Multi-Family
Building Information
  • Residences: 2
  • Year Built: 1965
  • Lot Size: 0.23 AC / 10,018 SF
Summary
Location and General Information
  • City Name: Wayzata
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: From Wayzata Blvd. Go South on Central Ave. S. West on La Salle St. South on Reno - home is on the right.
  • Latitude: 44.967129
  • Longitude: -93.500039
  • Map Coordinate: 104-C3
  • City and Location: Wayzata
  • City and Location Text: Wayzata(MN)
  • Postal Code: 55391
  • State Or Province: MN
  • Public Survey Township: 117
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 0511722330022
  • Tax Annual Amount: $9,355.00
  • Tax Legal Description: BLOCK 003 NEW WAYZATA N 40 FT OF LOT 3 AND THAT PART OF LOT 2 LYING S OF N 14 03/100 FT THOF
  • Tax Other Annual Assessment Amount: $879.00
  • Tax Year: 2026
  • Tax With Assessments: 10234
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 7637455000
Property
Lot Information
  • Above Grade Fin SQFT: 1623.0
  • Below Grade Fin SQFT: 1623.0
  • SQFT Total: 3246.0
  • Living Area Units: Square Feet
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 76X130
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Side by Side
  • Property Type: Residential Income
  • SQFT Main Total: 1701
  • Building Area Total: 4947.0
  • Above Grade SqFt Total: 3324
  • Below Grade SqFt Total: 1623
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: None
  • Exterior Features: Cedar
  • Foundation Area: 1701.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: Cul De Sac, Paved Streets
  • Roof: Age 8 Years or Less, Pitched
Interior Features
  • Basement Type: Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Walkout
  • Bathrooms Total Count: 2
  • Bedrooms Total: 3
  • Garage Square Feet: 600
  • Heating: Boiler
  • Levels: Split Entry (Bi-Level)
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 1
  • Unit Rooms Total: 8
  • Unit SqFt: 1650
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Type Total Rent: 2500

Property History for 305-307 Reno Street

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Price Change

NorthStar #7152586

$799,900—
Sep 30, 2026

Listed (Active)

NorthStar #7152586

—
DateEvent & SourcePrice
09/30/2026

Price Change

NorthStar #7152586

$799,900
09/30/2026

Listed (Active)

NorthStar #7152586

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 305-307 Reno Street

This home is within Wayzata Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Gleason Lake Elementary School
PublicK to 5

Wayzata West Middle School
Public6 to 8

Wayzata High School
Public9 to 12

Central Middle Alternative (Cmap)
Public6 to 8

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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305-307 Reno Street is a multi-family home for sale in Wayzata, MN 55391. This property was listed for sale on September 30, 2026 by Ferrell Real Estate Group Inc, it's currently listed at $799,900. This listing's school district is Wayzata Public School District. Nearby schools include Gleason Lake Elementary School, Wayzata West Middle School and Wayzata High School. 305-307 Reno Street is a 3-bed, 2-bath, 3,246 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ferrell Real Estate Group Inc

Based on information submitted to the MLS GRID as of 09/30/2026 03:46 PM. 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.