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$525,000 Coming Soon

  • For Sale
  • Coming Soon
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
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Rare Lake Area Duplex - Prime Investment Opportunity Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity. Each unit features private in-unit laundry and a one-car attached garage - high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound's shopping and dining. 2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal - perfect for an owner-occupant while generating income from the second unit. Income. Scarcity. Location. Long-term upside.

Full Property Details for 2128 Cedar Ln

General

  • Price: $525,000
  • Taxes: $5,161 (2025)
  • Status: Coming Soon
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7020651
  • Updated: 2/18/2026
  • Added to Site: 3 day(s) ago
  • Expected Market Date: 2/21/2026

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit, In Unit

Additional Information

  • Shared Amenities: Patio

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Garage Description: 12 x 18
  • Garage Spaces: 2
  • Carport Spaces: 4
  • Parking Features: Tuckunder Garage

Location

  • County: Hennepin
  • Township: Mound
  • Subdivision: Abraham Lincoln Add Lake Side Park
  • Driving Directions: commerce blvd to tonkawood to noble ln to cedar ln

School Information

  • School District: 1250 - Westonka
  • High School District: Westonka

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electric

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 1792
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,092
  • Above Ground: 1,792 Sq. Ft.
  • Below Ground: 300 Sq. Ft.
  • Year Built: 1979

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Dimensions: 110 x 120
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Medium Tree Coverage
  • Fencing (Description): Chain Link

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $5,161
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash, USDA
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: BLOCK 003 ABRAHAM LINCOLN ADDN LAKE SIDE PARK LOT 4 AND THE W 112.5 FT OF LOT 3 ALSO TH W 112.5 FT OF THE S 10 FT OF LOT 2
  • Property ID: 1311724310075

Listed by National Realty Guild

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— 2128 Cedar Ln —

  • National Realty Guild

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Schools serving 2128 Cedar Ln

School District:Westonka Public School District
NameGradesDistance
Grandview Middle School
1881 Commerce Boulevard, Mound, MN 55364
5-70.4 mi
Hilltop Primary School
5700 Game Farm Rd, Minnetrista, MN 55364
PK-41 mi
Mound-Westonka High School
5905 Sunnyfield Road East, Minnetrista, MN 55364
8-121.1 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 2128 Cedar Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$525,000
157.35%
MLS
8/02/2016
Sold
$204,000
—
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 2128 Cedar Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,161
-1%
$383,800
-6%
2023
$5,209
10%
$408,300
4%
2023
$4,724
—
$392,000
29%
2023
$4,724
13%
$304,000
12%
2020
$4,191
-8%
$271,000
15%
2019
$4,537
25%
$235,000
7%
2018
$3,628
4%
$219,000
6%
2017
$3,482
11%
$206,000
15%
2016
$3,147
—
$179,000
1%
2015
$3,136
8%
$177,000
15%
2014
$2,898
-3%
$154,000
-4%
2013
$2,980
—
$161,000
—
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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Listed by National Realty Guild

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2128 Cedar Lane, Mound, MN 55364 (MLS# 7020651) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 2128 Cedar Lane is currently listed for $525,000 and was received on February 18, 2026. Want to learn more about 2128 Cedar Lane? Do you have questions about finding other Multi-Family real estate for sale in Mound? You can browse all Mound real estate or contact a Coldwell Banker agent to request more information.

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