6221 W Lake Street, Saint Louis Park, MN 55416

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$640,000

bedrooms

bathrooms

square feet

3,090

Acreage

0.09

Open Houses

year built

1948

Full Baths

Half Baths

Find out more

Discover this rare four-plex gem in the heart of St. Louis Park, just off W. Lake Street! This well-maintained property has been lovingly cared for by its long-time owner. The building features four spacious 1-bedroom units, three of which are currently leased at $875/month, with leases in place through September 2025 – the fourth unit is currently vacant, accommodating potential owner-occupancy. There is excellent potential for value-add improvements, including updating the kitchens and bathrooms, and increasing rents to reflect current market rates. Take advantage of low-down payment financing and the opportunity for long-term appreciation in this prime location! A standout feature of this property is the presence of four individual furnaces (as opposed to a shared boiler), allowing tenants to pay their own gas and heat bills. Don’t miss out on this rare investment opportunity—schedule your showing today!

Location
Subdivision	Auditors Sub 378
County	Hennepin
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6685957

Listing agent: Paul Begich

Listing broker: Compass Minnesota, Llc (952) 213-1631

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, March 20 2025 at 4:11 a.m. EDT

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