5208-5210 Grandview Lane, Edina, MN 55436

New Listing
$570,000
Property Type: Multi-Family Bedrooms: 5 Baths: 4 Square Footage: 3,952 Lot Size (sq. ft.): 13,068 Status: Coming Soon
Current Price: $570,000 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Fabulous opportunity to own a property in Edina. A rare side-by-side duplex is now available with one side ready for immediate occupancy and the other with a great, long-term renter who wants to stay. This property provides a fabulous opportunity for investor or buyer looking to own one of the units and have the other as rental income. Located close to freeways, restaurants, and daily conveniences, this side-by-side checks a lot of boxes. In addition, the property is in the sought-after Edina school district, making it even more desirable. Amazing opportunity!

Listing Details MLS# 7040757

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1976
Above Ground SqFt
1976
Below Grd Total SqFt
1976
Total SqFt
3952
Foundation Size
1976
Style
(MF) Duplex Side X Side
Total Finished Sqft
3952.00
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
108X120
Acres
0.3
Assessment Pending
Unknown

Property Features

Accessible: None Amenities Shared: None Assumable Loan: Not Assumable Basement: Full Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Conventional Exterior: Brick/Stone; Shakes; Wood Foundation: Concrete Block; Concrete Perimeter Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Laundry Room; Lower Level Lock Box Type: Supra Lot Description: Tree Coverage - Light Owner Pays: Exterior Maintenance; Insurance; Lawn; Sewer; Taxes; Water Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer - In Street; City Sewer/Connected Stories: One Tenant Pays: Cable TV; Electricity; Gas; Heat; Snow Removal Topography: Level Unit 1 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Patio Unit 1 Appliances: Cooktop; Dryer; Exhaust Fan/Hood; Refrigerator; Wall Oven; Washer; Water Softener-Owned Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Family Room Characteristics: Lower Level Unit 1 Fireplace Char: Family Room; Living Room Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Patio Unit 2 Appliances: Cooktop; Dishwasher; Dryer; Exhaust Fan/Hood; Refrigerator; Wall Oven; Washer Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Eat In Kitchen Unit 2 Family Room Characteristics: Lower Level Unit 2 Fireplace Char: Family Room; Living Room Unit 2 Special Search: Main Floor Bedroom Water: City Water - In Street; City Water/Connected

Contract Information

Contingency
None
Original List Price
570000
ListPrice
570000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5208-5210
Street Name
Grandview
Street Suffix
Lane
Postal City
Edina
County
Hennepin
State
MN
Zip Code
55436
Complex/Dev/Subdivision
REPLAT GRANDVIEW PLATEAU

Assessments

Tax With Assessments
10426
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
1976
Finished SqFt Below Ground
1976

More Information

Income and Expenses

Annual Gross Expenses
9100
Annual Gross Income
32400
Annual Insurance Expense
6500
Annual Water/Sewer Expense
1400
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Supra
Yes

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
675

Public Survey Info

Range#
21
Section#
28
Township#
117

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
# of Fireplaces
2
3/4 Baths
Yes
Annual Rent
16200
Finished SqFt
1728
Full Baths
Yes
Monthly Expense
380
Monthly Rent
1350
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
6

Unit 2

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
2
# of Fireplaces
2
3/4 Baths
Yes
Annual Rent
16200
Finished SqFt
1638
Full Baths
Yes
Monthly Expense
380
Monthly Rent
1350
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
REPLAT PART OF GRANDVIEW PLATEAU- LOT 003 BLK 002
Listing City
Edina
Map Page
119
Municipality
Edina
School District
Edina
School District Phone
952-848-3900
Country
US
Zip Plus 4
1329
Property ID Number
2811721330027
Tax Year
2026
Tax Amount
10426
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fabulous opportunity to own a property in Edina. A rare side-by-side duplex is now available with one side ready for immediate occupancy and the other with a great, long-term renter who wants to stay. This property provides a fabulous opportunity for investor or buyer looking to own one of the units and have the other as rental income. Located close to freeways, restaurants, and daily conveniences, this side-by-side checks a lot of boxes. In addition, the property is in the sought-after Edina school district, making it even more desirable. Amazing opportunity!
Directions
VERNON AVE S TO W 53RD ST TO GRANDVIEW LANE TO HOME

Accessible

None
Yes

Amenities Shared

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes
Shakes
Yes
Wood
Yes

Foundation

Concrete Block
Yes
Concrete Perimeter
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Laundry

Laundry Room
Yes
Lower Level
Yes

Lot Description

Tree Coverage - Light
Yes

Owner Pays

Exterior Maintenance
Yes
Insurance
Yes
Lawn
Yes
Sewer
Yes
Taxes
Yes
Water
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer - In Street
Yes
City Sewer/Connected
Yes

Stories

One
Yes

Topography

Level
Yes

Water

City Water - In Street
Yes
City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Heat
Yes
Snow Removal
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Patio
Yes

Unit 1 Appliances

Cooktop
Yes
Dryer
Yes
Exhaust Fan/Hood
Yes
Refrigerator
Yes
Wall Oven
Yes
Washer
Yes
Water Softener-Owned
Yes

Unit 1 Bath Description

3/4 Basement
Yes
Main Floor Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes

Unit 1 Family Room Characteristics

Lower Level
Yes

Unit 1 Fireplace Char

Family Room
Yes
Living Room
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes

Unit 2 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Patio
Yes

Unit 2 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Exhaust Fan/Hood
Yes
Refrigerator
Yes
Wall Oven
Yes
Washer
Yes

Unit 2 Bath Description

3/4 Basement
Yes
Main Floor Full Bath
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Eat In Kitchen
Yes

Unit 2 Family Room Characteristics

Lower Level
Yes

Unit 2 Fireplace Char

Family Room
Yes
Living Room
Yes

Unit 2 Special Search

Main Floor Bedroom
Yes
Listing Office: eXp Realty
IDX
Last Updated: May - 05 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.