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$575,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 8 Total Beds
  • Updated 2 days ago
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Fantastic investment opportunity to own a fourplex with a strong rental history! Each of the four units features 2 bedrooms, 1 bathroom, a kitchen, and comfortable living areas. Designated parking is available for each unit. The property offers a flexible rental situation with one vacant unit, two units on month-to-month leases, and one unit leased through September 30, 2027. Conveniently located with easy access to I-35W and nearby shopping, this property is a great opportunity for investors looking to expand their portfolio.

Full Property Details for 3813 Restwood Rd

General

  • Price: $575,000
  • Taxes: $8,971 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7149029
  • Updated: 10/24/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Common Area, Common Area

Additional Information

  • Shared Amenities: Coin-op Laundry Owned

Parking

  • Parking Features: Paved Lot

Location

  • County: Anoka
  • Township: Lexington
  • Subdivision: Ottes Add To Lexington
  • Driving Directions: 35W to Lake Drive Exit, East to Restwood Rd, Right (south) to property

School Information

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

Heating & Cooling

  • Heating Type: Baseboard, Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 1664
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 3,328
  • Above Ground: 3,416 Sq. Ft.
  • Finished Down/Base.: 3,416 Sq. Ft.
  • Year Built: 1984

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Dimensions: 75 x 200 x 75 x 200
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $29,621
  • Tax Amount: $8,971
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash, Other
  • Owner Pays: Fuel, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: OTTES ADDITION TO LEXINGTON LOT 14 OTTES ADDITION -SUBJ TO PERMANENT UTIL EASE ALONG N 5 FT TO VILL OF LEXINGTON 8/25/67-
  • Property ID: 353123120014

Listed by Pemberton RE

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— 3813 Restwood Rd —

  • Pemberton RE

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NMLS#: 1598647

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Schools serving 3813 Restwood Rd

School District:Centennial Public School District
NameGradesDistance
Golden Lake Elementary School
1 School Road, Circle Pines, MN 55014
K-51 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 3813 Restwood Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2026
Listed
$575,000
8.08%
MLS
7/28/2022
Sold
$532,000
—
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 3813 Restwood Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,971
1%
$636,900
9%
2025
$8,926
4%
$584,600
-2%
2024
$8,560
9%
$599,100
-3%
2023
$7,853
-11%
$616,400
13%
2022
$8,844
6%
$544,300
7%
2021
$8,340
-6%
$509,700
100%
2020
$8,854
7%
-100%
2021
$8,293
38%
$495,400
65%
2018
$6,020
10%
$301,100
5%
2017
$5,457
4%
$285,900
15%
2016
$5,259
10%
$249,500
7%
2015
$4,797
-17%
$232,500
-4%
2014
$5,775
—
$242,900
—
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 Pemberton RE

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3813 Restwood Road, Lexington, MN 55014 (MLS# 7149029) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 3813 Restwood Road is currently listed for $575,000 and was received on October 23, 2026. Want to learn more about 3813 Restwood Road? Do you have questions about finding other Multi-Family real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

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