Fantastic opportunity in Minnetonka! This well-maintained duplex sits on over half an acre, offering space, privacy, and strong income potential. Recent updates include new carpet and fresh paint throughout, plus the addition of a bedroom that enhances functionality and rental appeal. The property also features a livable shed in the backyard, perfect for a gym, office, hobby space, or additional flexible use. With its generous lot size and updates already completed, this property is ideal for owner-occupants or investors looking to maximize rental income.
Active
$450,000
5134 Baker Rd, Minnetonka, MN 55343
5beds
2baths
3,698sqft
Est.:
Duplex Up and Down
Built in 1972
-- sqft lot
$448,100 Zestimate®
$122/sqft
$-- HOA
What's special
- 22 hours |
- 598 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: 14 hours ago
Listed by:
Amelia Hilbrands - Highpoint Real Estate Group 612-386-7078,
Keller Williams Realty Integrity
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7040206
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Daylight,Egress Window(s),Finished
Interior area
- Total structure area: 3,698
- Total interior livable area: 3,698 sqft
- Finished area above ground: 959
- Finished area below ground: 524
Property
Parking
- Total spaces: 3
- Parking features: Attached, Carport
- Attached garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 0.54 Acres
- Dimensions: 110 x 215
Details
- Foundation area: 1064
- Parcel number: 2711722420008
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Auditors Sub 321
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $375,500
- Annual tax amount: $4,333
- Date on market: 3/20/2026
Estimated market value
$448,100
$426,000 - $471,000
$2,930/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $450,000+11.1%$122/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7040206 Report a problem | ||
| 9/8/2022 | Sold | $405,000+1.3%$110/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem | ||
| 9/6/2022 | Pending sale | $399,900$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem | ||
| 7/27/2022 | Price change | $399,900-5.9%$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem | ||
| 7/18/2022 | Listed for sale | $424,900+160.7%$115/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6206345 Report a problem | ||
| 9/17/2020 | Listing removed | $1,795 |
Source: Twin Cities Home Rental Report a problem | ||
| 9/5/2020 | Price change | $1,795-3% |
Source: Twin Cities Home Rental Report a problem | ||
| 7/28/2020 | Listed for rent | $1,850$1/sqft |
Source: Owner Report a problem | ||
| 6/28/2011 | Sold | $163,000-30.6%$44/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1294995 Report a problem | ||
| 6/28/2006 | Sold | $235,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,333 -4.6% | $375,500 +2.7% |
| 2024 | $4,543 +7.3% | $365,500 +0.6% |
| 2023 | $4,235 +9% | $363,500 -0.8% |
| 2022 | $3,884 +8.5% | $366,500 +15.5% |
| 2021 | $3,580 -5.1% | $317,300 +6.5% |
| 2020 | $3,774 +5.4% | $298,000 +0.1% |
| 2019 | $3,580 -5.1% | $297,600 +13.8% |
| 2018 | $3,774 +18.7% | $261,500 +13.4% |
| 2017 | $3,180 +7.7% | $230,600 +2% |
| 2016 | $2,953 -0.7% | $226,100 +2% |
| 2015 | $2,972 0% | $221,700 +2% |
| 2014 | $2,974 +0.1% | $217,400 -1% |
| 2013 | $2,971 +3.1% | $219,500 +0.2% |
| 2012 | $2,882 -18.7% | $219,000 |
| 2011 | $3,545 -3% | $219,000 -11.3% |
| 2010 | $3,653 +2% | $247,000 -5% |
| 2009 | $3,583 +51.1% | $260,000 +19.7% |
| 2006 | $2,371 +13.3% | $217,300 +12% |
| 2005 | $2,093 +9.3% | $194,100 +15% |
| 2004 | $1,915 +9.6% | $168,800 +11.9% |
| 2002 | $1,746 -28.3% | $150,800 |
| 2001 | $2,435 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,644/mo
Principal & interest
$2205
Property taxes
$439
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Climate risks
Neighborhood: 55343
Nearby schools
GreatSchools rating
- 2/10Gatewood Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 4/10Hopkins West Junior High SchoolGrades: 6-9Distance: 1.6 mi
- 8/10Hopkins Senior High SchoolGrades: 10-12Distance: 3.8 mi
Local experts in 55343
- Minnesota
- Hennepin County
- Minnetonka
- 55343
- 5134 Baker Rd
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