4784 Tacoma Circle SE, Prior Lake, MN 55372

$665,000
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,416 Lot Size (sq. ft.): 32,670 Status: Coming Soon
Current Price: $665,000 List Date: 3/31/2026 Last Modified: 4/09/2026

Overview

Description

Rare opportunity for a well-maintained, updated fourplex—these are hard to find. Featuring major exterior upgrades including newer soffits, siding, gutters with leaf guards, this property offers low-maintenance ownership and long-term value. All electrical panels have been replaced in each unit—a significant capital improvement already completed for the next owner. All AC units have also been replaced, adding even more value and reducing future expenses. The building is set up with a functional, efficient layout, and several units have been updated. Consistent care from ownership makes this a solid, turnkey addition to any portfolio.

Listing Details MLS# 7046286

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1977
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1708
Above Ground SqFt
1708
Below Grd Total SqFt
1708
Total SqFt
3416
Foundation Size
1836
Style
(MF) Four Plex
Total Finished Sqft
3416.00
Lot Dimensions
common
Acres
0.75
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Concrete Block; Drain Tiled; Sump Pump Construction Status: Previously Owned Exterior: Brick/Stone; Engineered Wood Foundation: Concrete Block Fuel: Electric Heating: Baseboard Lock Box Type: Supra Owner Pays: Lawn; Sewer; Snow Removal; Trash Collection; Water Parking Characteristics: Parking Lot Pool Description: None Sewer: City Sewer/Connected Tenant Pays: Broadband; Electricity Unit 1 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 2 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Wall Unit 3 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Wall Unit 4 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator Unit 4 Bath Description: Main Floor Full Bath Unit 4 Cooling: Wall Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
665000
ListPrice
665000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4784
Street Name
Tacoma
Street Suffix
Circle
Street Direction Suffix
SE
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372

Assessments

Tax With Assessments
5170
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1708
Finished SqFt Below Ground
1708

More Information

Income and Expenses

Annual Electric Expense
1943
Annual Gross Expenses
12977
Annual Gross Income
57960
Annual Insurance Expense
2284
Annual Trash Expense
1438
Annual Water/Sewer Expense
2142
Total Annual Expenses
12977
Annual Caretaker Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Lease Expiration Date
2026-03-31
Leased?
Yes
Unit Number
Yes
Annual Rent
15000
Finished SqFt
854
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit 2

Furnished?
No
Lease Expiration Date
2026-06-30
Leased?
Yes
Unit Number
2
Annual Rent
15000
Finished SqFt
854
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit 3

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Unit Number
3
Annual Rent
11940
Finished SqFt
854
Full Baths
Yes
Monthly Rent
995
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
3

Unit 4

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Unit Number
4
Annual Rent
15000
Finished SqFt
854
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME PRIOR SOUTH LOT 013 BLOCK 006 SUBDIVISIONCD 25017
Listing City
Prior Lake
Map Page
161
Municipality
Prior Lake
School District
Prior Lake-Savage Area Schools
School District Phone
952-226-0000
Country
US
Property ID Number
250171190
Tax Year
2026
Tax Amount
5170
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare opportunity for a well-maintained, updated fourplex—these are hard to find. Featuring major exterior upgrades including newer soffits, siding, gutters with leaf guards, this property offers low-maintenance ownership and long-term value. All electrical panels have been replaced in each unit—a significant capital improvement already completed for the next owner. All AC units have also been replaced, adding even more value and reducing future expenses. The building is set up with a functional, efficient layout, and several units have been updated. Consistent care from ownership makes this a solid, turnkey addition to any portfolio.
Directions
Hwy 13 or Cty 21 to Franklin Trail, East on Lyons follow to Tacoma Circle SE

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Basement

Concrete Block
Yes
Drain Tiled
Yes
Sump Pump
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Engineered Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Lock Box Type

Supra
Yes

Owner Pays

Lawn
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes

Pool Description

None
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Broadband
Yes
Electricity
Yes

Unit 1 Appliances

Dishwasher
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Wall
Yes

Unit 2 Appliances

Dishwasher
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Wall
Yes

Unit 3 Appliances

Dishwasher
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Bath Description

Main Floor Full Bath
Yes

Unit 3 Cooling

Wall
Yes

Unit 4 Appliances

Dishwasher
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes

Unit 4 Bath Description

Main Floor Full Bath
Yes

Unit 4 Cooling

Wall
Yes
Listing Office: Re/Max Advantage Plus
IDX
Last Updated: April - 09 - 2026
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