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$595,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 3 hours ago
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Great owner occupied building or good cash flow for an investor. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.

Full Property Details for 3811 Restwood Rd

General

  • Price: $595,000
  • Taxes: $9,910 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7077994
  • Updated: 5/22/2026
  • Added to Site: 1 day(s) ago

Rooms

Other Rooms

  • Laundry: Laundry Closet, Main Level, Laundry Closet, Main Level

Additional Information

  • Shared Amenities: Coin-op Laundry Owned

Parking

  • Parking Features: Asphalt, Parking Lot, Paved Lot

Location

  • County: Anoka
  • Township: Lexington
  • Subdivision: Ottes Add To Lexington
  • Driving Directions: Hwy 35 W north to Lake Drive. Exit going East about 1 mile to Restwood. This is the corner Cowboy Jack's is on. Go east one block to 3811. First 4 plex on the left.

School Information

  • School District: 12 - Centennial
  • High School District: Centennial

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Foundation Size: 1664
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 3,328
  • Above Ground: 3,328 Sq. Ft.
  • Finished Down/Base.: 3,328 Sq. Ft.
  • Year Built: 1984

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Dimensions: 75 x 200
  • Frontage: City Street, Paved Streets, Street Lights
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Operating Expenses: $17,100
  • Tax Amount: $9,910
  • Tax Year: 2026
  • Terms: Assumable, Conventional, VA, FHA
  • Owner Pays: Exterior Maintenance, Gas, Heat, Insurance, Grounds Care, Repairs, Management, Pest Control, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Hot Water
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 15 OTTES ADDITION TO LEXINGTON
  • Property ID: 353123120015

Listed by Counselor Realty

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— 3811 Restwood Rd —

  • Counselor Realty

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Schools serving 3811 Restwood Rd

School District:Centennial Public School District
NameGradesDistance
Golden Lake Elementary School
1 School Road, Circle Pines, MN 55014
K-51.1 mi
Early Childhood Center
575 Birch Street, Lino Lakes, MN 55014
K-PK2.9 mi
Centennial Middle School
399 Elm Street, Lino Lakes, MN 55014
6-83.3 mi
Centennial High School
4757 North Road, Circle Pines, MN 55014
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3811 Restwood Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$595,000
13.33%
MLS
6/21/2019
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3811 Restwood Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,910
-2%
$616,500
9%
2025
$10,095
3%
$566,400
-2%
2024
$9,772
10%
$580,700
-3%
2023
$8,863
2%
$597,500
13%
2022
$8,647
7%
$527,900
7%
2021
$8,078
-6%
$494,700
100%
2020
$8,615
7%
-100%
2021
$8,054
40%
$481,100
67%
2018
$5,773
10%
$288,600
5%
2017
$5,247
4%
$274,800
15%
2016
$5,057
10%
$239,800
7%
2015
$4,617
-17%
$223,700
-4%
2014
$5,566
—
$234,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Counselor Realty

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3811 Restwood Road, Circle Pines, MN 55014 (MLS# 7077994) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3811 Restwood Road is currently listed for $595,000 and was received on May 21, 2026. Want to learn more about 3811 Restwood Road? Do you have questions about finding other Multi-Family real estate for sale in Circle Pines? You can browse all Circle Pines real estate or contact a Coldwell Banker agent to request more information.

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