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MLS: #7052145, Listed By: Todd Ginsberg, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS

3279 Library Lane

Minneapolis, MN 55426
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$599,999 $2,529/Mo
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Bed 5

Bed

Bath 3

Bath

SqFt3,012

Sqft

SqFt7,000

Sqft(Lot)

Exceptional duplex located in the heart of St. Louis Park ideal for investors and owner-occupants alike. One unit is vacant and move-in ready, while the lower unit is currently leased at $2,610 per month, offering immediate rental income. Meticulously maintained by the same family for the past 25 years, this property features newer siding with Versetta stone frontage, a maintenance-free exterior, a whole-house LeafGuard gutter system, and numerous updates inside and out. Both units offer spacious layouts filled with natural light, generously sized living rooms, and updated kitchen spaces. The lower unit features a unique two-level layout with three bedrooms, two bathrooms, a full kitchen, and an additional kitchenette that is perfect for flexible living arrangements. The upper unit inclu des two bedrooms and occupies the entire top floor, providing privacy and comfort. Additional highlights include a large backyard, great outdoor spaces, a detached two-car garage, newer concrete, drain tile with sump pump, an owner’s locker for tools and supplies, and vinyl windows throughout, many of which have been recently replaced. Located on a quiet residential street with convenient highway access, the property is on the bus line, just a half block from the local library, and close to neighborhood shopping, dining, and top-rated schools. It’s also only minutes from The Shops at West End. Enjoy nearby parks, golf courses, and all the amenities St. Louis Park has to offer. Owner-occupant opportunity: Based on an example scenario using traditional 30-year financing with 25% down with a 6% interest rate, estimated taxes and insurance, monthly ownership costs are projected at approximately $3921.11. With the lower unit currently rented at $2,610 per month, a buyer occupying the vacant unit could potentially offset a significant portion of their housing cost—resulting in an estimated net monthly out-of-pocket of about only $1311.11. (Figures are estimates and will vary based on financing terms.)

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,999

AD Id : 76949546

MLS Id : 7052145

Beds : 5

Lot Size : 7,000 Sqft

Living Area Size : 3,012

Year Built : 1951

Garage : 2

County : Hennepin

Subdivision: Ventnor Heights

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3

    Room Information

    Has Basement: Yes Basement: Partially Finished

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1951 Building Area Total: 3012 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 50x140 Main Square Feet: 7000 Square Feet Lot Size Acres: 0.16 Lot Size Square Feet: 7000

    Property Information

    Subdivision: Rgt St Louis Park Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 75

  • Listing Price Information

    Listing Price: $599999 Original Price: $625000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 1711721130120 Annual Tax: $9794.58

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From HWY 7, go north on Wooddale, left on W lake St, right on Library Lane, home is on right WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/06/2026 @ 21:16

MLS: 7052145 LISTED BY: Todd Ginsberg, RE/MAX Results 952-884-8404 SOURCE: FargoMoorhead Area Association of REALTORS

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