About 1082 5th Street Se
Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market.
Features of 1082 5th Street Se
| MLS® # | 7110419 |
|---|---|
| Price | $555,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 3,696 |
| Acres | 0.23 |
| Year Built | 1995 |
| Type | Residential Income |
| Sub-Type | Duplex Side by Side |
| Status | Active |
Community Information
| Address | 1082 5th Street Se |
|---|---|
| Subdivision | Fred Richters Forest Lake Add |
| City | Forest Lake |
| County | Washington |
| State | MN |
| Zip Code | 55025 |
Amenities
| Amenities | None |
|---|---|
| Parking | Attached Garage, Concrete, Garage Door Opener |
| # of Garages | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Aluminum Siding, Vinyl |
|---|---|
| Lot Description | Irregular Lot, Tree Coverage - Medium |
| Roof | Age 8 Years or Less, Asphalt |
| Construction | Block, Frame |
School Information
| District | Forest Lake |
|---|
Additional Information
| Days on Market | 56 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,758 |
| Tax Year | 2025 |
Listing Details
| Office | Engel & Volkers Minneapolis |
|---|