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$300,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 2 Total Beds
  • 2 Car Garage
  • Updated 18 hours ago
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Great opportunity to purchase a duplex in Maple Plain. A property that gives you options, income, and future potential, all in one smart investment. This charming side-by-side features two 1-bedroom, 1-bath units, making it the perfect property with multiple options: 1. Live in one side and rent the other to help cover your mortgage payment. 2. Use as traditional duplex and rent both sides. 3 Live in both units-home on one side, office, guest space, or hobby area on the other. 4. With strong redevelopment potential, this could be the ideal site for a future apartment or multi-unit project with the houses next door. (currently for sale and coming soon for sale) Two car oversized detached garage, storage shed, a walkable Main Street location, and easy access to everything Maple Plain has to offer. Good storage in basement. Orono Schools!! ****Property is agent owned. Property being sold as/is. Basement is "rough" Exterior has quite a bit of chipped paint. So no FHA or VA. Was going to paint last fall but ran out of time.

Full Property Details for 5340 Main St E

General

  • Price: $300,000
  • Taxes: $3,139 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7014008
  • Updated: 2/4/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Basement, In Basement

Parking

  • Garage: Yes
  • Garage Description: 25 x 25
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Asphalt, Insulated Garage

Location

  • County: Hennepin
  • Township: Maple Plain
  • Driving Directions: Hwy 12 to Maple Plain, West (left) on Main Street.

School Information

  • School District: 1252 - Orono
  • High School District: Orono

Heating & Cooling

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

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Sump Pump
  • Foundation Size: 926
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Disability Access: None
  • Square Feet: 1,113
  • Above Ground: 926 Sq. Ft.
  • Below Ground: 926 Sq. Ft.
  • Year Built: 1937

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.149
  • Lot Dimensions: 50 x 130
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Multi-Family
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Tax Amount: $3,139
  • Tax Year: 2025
  • Terms: Conventional Rehab, Conventional, Cash
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: LOT 006 BLOCK 003 WEST MAPLE PLAIN
  • Property ID: 2411824340050

Listed by Orono Realty Inc

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Listing agent

— 5340 Main St E —

  • Orono Realty Inc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5340 Main St E

School District:Orono Public School District
NameGradesDistance
Schumann Elementary School
765 Old Crystal Bay Road North, Long Lake, MN 55356
K-23.3 mi
Orono Intermediate Elementary School
685 Old Crystal Bay Rd N, Long Lake, MN 55356
3-53.3 mi
Orono Middle School
800 Old Crystal Bay Road North, Long Lake, MN 55356
6-83.4 mi
Orono Senior High School
795 Old Crystal Bay Road North, Long Lake, MN 55356
9-123.3 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 5340 Main St E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$300,000
139.04%
MLS
1/31/2018
Sold
$125,500
—
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 5340 Main St E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,097
8%
$189,100
-2%
2023
$2,879
-3%
$193,000
4%
2023
$2,955
—
$185,000
12%
2023
$2,955
45%
$165,000
27%
2020
$2,038
2%
$129,530
6%
2019
$2,003
-2%
$121,900
1%
2018
$2,042
6%
$120,810
13%
2017
$1,925
3%
$106,640
3%
2016
$1,871
16%
$103,370
19%
2015
$1,615
13%
$87,020
10%
2014
$1,428
9%
$79,390
11%
2013
$1,307
—
$71,760
—
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 Orono Realty Inc

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5340 Main Street E, Maple Plain, MN 55359 (MLS# 7014008) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 5340 Main Street E is currently listed for $300,000 and was received on February 03, 2026. Want to learn more about 5340 Main Street E? Do you have questions about finding other Multi-Family real estate for sale in Maple Plain? You can browse all Maple Plain real estate or contact a Coldwell Banker agent to request more information.

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