5340 Main Street E, Maple Plain, MN 55359 (MLS# 7014008)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1937
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 926
Above Ground SqFt: 926
Below Grd Total SqFt: 926
Total SqFt: 1852
Foundation Size: 926
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1113.00
Garage Stalls: 2
Lot Dimensions: 50x130
Acres: 0.14
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Full; Sump Pump Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Free and Clear Exterior: Fiber Board; Shakes Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Laundry: In Basement Lot Description: Tree Coverage - Medium Parking Characteristics: Insulated Garage Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; Conventional Rehab Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Unit 1 Amenities: Kitchen Window; Porch Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer; Water Softener-Owned Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Informal Dining Room; Living/Dining Room Unit 1 Fireplace Char: Wood Burning Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 300000
ListPrice: 259000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 5340
Street Name: Main
Street Suffix: Street
Street Direction Suffix: E
Postal City: Maple Plain
County: Hennepin
State: MN
Zip Code: 55359

Building Information

Finished SqFt Above Ground: 1113

Income and Expenses

Annual Gross Expenses: 1200
Annual Gross Income: 10200
Annual Net Income: 9000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 25x25
Garage Square Feet: 525
Insulated Garage: Yes

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
# of Fireplaces: Yes
Finished SqFt: 588
Full Baths: Yes
Monthly Expense: 50
Monthly Rent: 850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Unit Number: 2
Finished SqFt: 525
Full Baths: Yes
Monthly Expense: 50
Monthly Rent: 850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 006 BLOCK 003 WEST MAPLE PLAIN
Listing City: Maple Plain
Map Page: 88
Municipality: Maple Plain
School District: Orono
School District Phone: 952-449-8305
Country: US
Property ID Number: 2411824340050
Tax Year: 2025
Tax Amount: 3139
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great opportunity to purchase a duplex in Maple Plain. This charming side-by-side features two 1-bedroom, 1-bath units, making it the perfect property with multiple options. Easy to rent. 1. Live in one side and rent the other to help cover your mortgage payment. 2. Use as traditional duplex and rent both sides. 3 Live in both units—home on one side, office, guest space, or hobby area on the other. 4. With strong redevelopment potential, this could be the ideal site for a future apartment or multi-unit project with the houses next door. (currently for sale and coming soon for sale) Two car oversized detached garage, storage shed, a walkable Main Street location, and easy access to everything Maple Plain has to offer. Good storage in basement. Orono Schools!!
Directions: Hwy 12 to Maple Plain, West (left) on Main Street.

Accessible

None: Yes

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes
Sump Pump: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Free and Clear: Yes

Exterior

Fiber Board: Yes
Shakes: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Fiber Optic: Yes

Laundry

In Basement: Yes

Lot Description

Tree Coverage - Medium: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Conventional Rehab: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

All Utilities: Yes

Unit 1 Amenities

Kitchen Window: Yes
Porch: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Water Softener-Owned: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes
Living/Dining Room: Yes

Unit 1 Fireplace Char

Wood Burning: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Kitchen/Dining Room: Yes