Date
Details
Price
Change
Source
7/13/2026
Listed
$600,000
—
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 opportunity to own a well-maintained side-by-side duplex in a desirable Minnetonka location. Situated on a spacious lot, this solid investment property features two very similar-style units, each offering three bedrooms on one level and functional living spaces for long-term rental appeal. Several capital improvements have already been completed, including a new roof, new front entry systems, a newer driveway, and newer furnaces and A/C, providing peace of mind and reducing future maintenance expenses. The combination of improvements and updates, strong rental appeal, and stable income potential makes this an excellent addition to an investment portfolio or an ideal owner-occupied opportunity. Conveniently located near shopping, dining, major commuter routes, and abundant recreational amenities, the property enjoys easy access to the nearby Lone Lake Park, the Lake Minnetonka LRT Regional Trail, and less than a mile from the future Shady Oak Station on the METRO Green Line Extension (Southwest Light Rail).
Full Property Details
Full Property Details for 12216 Pioneer Rd
General
- Price: $600,000
- Taxes: $8,496 (2026)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7105507
- Updated: 7/14/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Basement, Laundry Room, Sink, In Unit, In Basement, Laundry Room, Sink, In Unit
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Parking Features: Attached Garage, Asphalt, Shared Driveway, Garage Door Opener
Location
- County: Hennepin
- Township: Minnetonka
- Driving Directions: Hwy 7 to South on Baker Rd to East on Excelsior Blvd to Right on Pioneer Road
School Information
- School District: 270 - Hopkins
- High School District: Hopkins
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Daylight/Lookout Windows, Drain Tiles, Finished, Full, Walk-Out
- Foundation Size: 1920
- Roof: Age 8 Years or Less, Asphalt, Pitched
- Disability Access: None
- Square Feet: 3,590
- Above Ground: 1,920 Sq. Ft.
- Below Ground: 1,920 Sq. Ft.
- Finished Down/Base.: 3,840 Sq. Ft.
- Year Built: 1984
Unit Information
- Units w/Refrigerators: 3
Lot Features
- Lot Size (Acres): 0.58
- Lot Dimensions: 149 x 191 x 148 x 149
- Frontage: City Street, Paved Streets
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Irregular Lot, Medium Tree Coverage, Underground Utilities
Financial Considerations
- Operating Expenses: $14,549
- Tax Amount: $8,496.36
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash
- Owner Pays: Exterior Maintenance, Insurance, Grounds Care, Repairs, Pest Control, Roof Maintenance, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Broadband, Cable TV, Electricity, Gas, Heat, Snow Removal
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Gas: Tenant Pays
- Pays Heat: Tenant Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: UNPLATTED 26 117 22 THAT PART OF NE 1/4 OF NW 1/4 SEC 26 T 117 R 22 DESC AS BEG AT A PT ON SLY R/W LINE OF CO RD NO 3 DIST 97.90 FT NELY FROM ITS INTERSECT WITH W LINE OF SAID NE 1/4 OF NW 1/4 TH NELY ALONG SAID SLY R/W LINE 148.15 FT TH DEFL RT 84 D EG 28 MIN 52 SEC 149.05 FT TO NLY R/W LINE OF PIONEER RD TH SWLY ALONG SAID NLY R/W LINE TO A PT DIST 162.7 FT NELY ALONG SAID NLY R/W LINE FROM ITS INTERSECT WITH W LINE OF SAID NE 1/4 OF NW 1/4 TH NWLY TO BEG
- Property ID: 2611722210070
Listed by Edina Realty, Inc.
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— 12216 Pioneer Rd —
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NMLS#: 1598647
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Schools
Schools serving 12216 Pioneer Rd
School District:Hopkins Public School District
| Name | Grades | Distance |
|---|---|---|
Gatewood Elementary School 14900 Gatewood Drive, Minnetonka, MN 55345 | K-6 | 2.2 mi |
Hopkins West Junior High School 3830 Baker Road, Minnetonka, MN 55305 | 7-9 | 1.1 mi |
Hopkins Senior High School 2400 Lindbergh Dr, Minnetonka, MN 55305 | 10-12 | 2.9 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 12216 Pioneer Rd
Estimate the Cost
Estimate the Cost for 12216 Pioneer Rd
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12216 Pioneer Road, Minnetonka, MN 55343 (MLS# 7105507) is a Duplex property with 8 bedrooms and 0 full bathrooms. 12216 Pioneer Road is currently listed for $600,000 and was received on July 13, 2026. Want to learn more about 12216 Pioneer Road? Do you have questions about finding other Duplex real estate for sale in Minnetonka? You can browse all Minnetonka real estate or contact a Coldwell Banker agent to request more information.