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$645,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 6 Total Beds
  • 2 Car Garage
  • Updated 11 hours ago
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Don't miss this incredible duplex located in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple us options. AI virtual staging. Buyer to verify all measurements, uses and income potential.

Full Property Details for 5420 Mallard Ln

General

  • Price: $645,900
  • Taxes: $7,761 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7008690
  • Updated: Today (1/15/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Laundry Room, Laundry Room

Additional Information

  • Shared Amenities: Trail(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Hennepin
  • Township: Shorewood
  • Subdivision: Wild Duck 2nd Add
  • Driving Directions: Hwy 7 to 19 to Smithtown Rd West right on Wedgewood Dr, North to Mallard

School Information

  • School District: 1246 - Minnetonka
  • High School District: Minnetonka

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well

Structural Information

  • Foundation Size: 2100
  • Disability Access: None
  • Square Feet: 3,300
  • Above Ground: 3,300 Sq. Ft.
  • Year Built: 1976

Lot Features

  • Lot Size (Acres): 20,473
  • Lot Dimensions: 187 x 140 x 170 x 95
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $2,400
  • Tax Amount: $7,761
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 008 BLOCK 002 WILD DUCK 2ND ADDN
  • Property ID: 3311723210033
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5420 Mallard Ln —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 5420 Mallard Ln

School District:Minnetonka Public School District
NameGradesDistance
Minnewashta Elementary School
26350 Smithtown Rd, Excelsior, MN 55331
K-50.9 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-81.6 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-124.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5420 Mallard Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$645,900
130.76%
MLS
7/31/2007
Sold
$279,900
—
Public Record
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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 5420 Mallard Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,761
11%
$558,800
6%
2023
$6,974
6%
$526,000
7%
2023
$6,592
—
$491,000
16%
2023
$6,592
6%
$422,000
8%
2020
$6,229
-3%
$389,000
6%
2019
$6,438
13%
$368,000
5%
2018
$5,698
24%
$352,000
33%
2017
$4,591
-1%
$264,000
6%
2016
$4,647
16%
$250,000
16%
2015
$3,994
16%
$216,000
11%
2014
$3,438
1%
$195,000
-2%
2013
$3,410
—
$199,000
—
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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5420 Mallard Lane, Excelsior, MN 55331 (MLS# 7008690) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 5420 Mallard Lane is currently listed for $645,900 and was received on January 15, 2026. This property is listed by Jason Bliss from our Wayzata Office.Want to learn more about 5420 Mallard Lane? Do you have questions about finding other Multi-Family real estate for sale in Excelsior? You can browse all Excelsior real estate or contact a Coldwell Banker agent to request more information.

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