Date
Details
Price
Change
Source
9/22/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare up-down duplex opportunity in picturesque Medicine Lake, surrounded by single-family homes and offering beautiful lake views. The owner-occupied upper unit features two bedrooms, two bathrooms, a spacious four-season porch overlooking the private backyard, and Medicine Lake views from the kitchen. The lower unit offers two bedrooms, full bath, private laundry, huge patio, spacious kitchen and family room, plus excellent storage. A private, level backyard with firepit provides plenty of room to enjoy the outdoors. The heated three-stall garage offers generous parking, workspace and private locked storage for each unit. Ideal for an owner occupant, multigenerational living or investment, with convenient access to Medicine Lake, parks, trails, Wayzata Schools and downtown Minneapolis just 15 minutes away. A rare combination of privacy, lake views, garage space and income-producing potential. SEPARATE ELECTRIC METERS & GAS METERS and two separate furnaces and ac as well.
Full Property Details
Full Property Details for 7 Kaiser Ave
General
- Price: $699,000
- Taxes: $7,405 (2026)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7145468
- Updated: Today (9/22/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Lower Level, Main Level, In Unit, Lower Level, Main Level, In Unit
Additional Information
- Shared Amenities: Common Garden, In-Ground Sprinkler System
Exterior
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Insulated Garage, Storage
Location
- County: Hennepin
- Township: Medicine Lake
- Subdivision: Registered Land Surv 1392 Tr
- Driving Directions: Because of roadwork to south of home - From Hwy 169 N, take Hwy 55 W. Turn right onto W Medicine Lake Drive, right onto South Shore Drive, continue onto Peninsula Road, then turn onto Kaiser Avenue. Property is located at 7 Kaiser Avenue.
School Information
- School District: 284 - Wayzata
- High School District: Wayzata
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Drainage System, Egress Window(s), Finished, Full, Single Tenant Access, Storage/Locker, Storage Space, Walk-Out
- Foundation Size: 1288
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 2,717
- Above Ground: 1,429 Sq. Ft.
- Below Ground: 1,288 Sq. Ft.
- Finished Down/Base.: 2,717 Sq. Ft.
- Year Built: 1979
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.47
- Lot Dimensions: 202 x 198 x 85 x 127
- Frontage: City Street
- Lot Description: Medium Tree Coverage
Water Features
- Water Front Desc.: Lake View
- Lake Front: Yes
Financial Considerations
- Operating Expenses: $7,105
- Tax Amount: $7,405
- Tax Year: 2026
- Terms: Conventional, FHA, Cash
- Owner Pays: Electricity, Heat, Hot Water, Grounds Care, Repairs, Roof Maintenance, Snow Removal, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Heat: Owner Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: REG. LAND SURVEY NO. 1392 TRACT A
- Property ID: 2511822330073
Listed by Edina Realty, Inc.
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Listing agents
— 7 Kaiser Ave —
Edina Realty, Inc.
NMLS#: 1598647
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Schools
Schools serving 7 Kaiser Ave
School District:Wayzata Public School District
| Name | Grades | Distance |
|---|---|---|
Sunset Hill Elementary School 13005 Sunset Trail, Plymouth, MN 55441 | K-5 | 1.7 mi |
Wayzata East Middle School 12000 Ridgemount Avenue West, Plymouth, MN 55441 | 6-8 | 1.4 mi |
Wayzata High School 4955 Peony Lane North, Plymouth, MN 55446 | 9-12 | 5.6 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 7 Kaiser Ave
Tax History
Tax History for 7 Kaiser Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,405
4%
$561,500
—
2025
$7,089
2%
$561,700
—
2023
$6,951
2%
$563,400
5%
2023
$6,835
—
$535,000
20%
2023
$6,835
13%
$446,000
9%
2020
$6,072
20%
$408,570
15%
2019
$5,056
-1%
$354,070
3%
2018
$5,083
12%
$345,350
4%
2017
$4,520
—
$332,270
6%
2016
$4,504
4%
$312,650
1%
2015
$4,340
3%
$309,380
7%
2014
$4,209
-4%
$288,670
-3%
2013
$4,372
—
$296,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
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7 Kaiser Avenue, Medicine Lake, MN 55441 (MLS# 7145468) is a Duplex property with 4 bedrooms and 0 full bathrooms. 7 Kaiser Avenue is currently listed for $699,000 and was received on September 22, 2026. Want to learn more about 7 Kaiser Avenue? Do you have questions about finding other Duplex real estate for sale in Medicine Lake? You can browse all Medicine Lake real estate or contact a Coldwell Banker agent to request more information.