5415 Mallard Lane, Excelsior, MN 55331 (MLS# 7008176)

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1977
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1200
Above Ground SqFt: 3300
Total SqFt: 3300
Foundation Size: 2100
Lot Size SqFt: 21344
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2100.00
Garage Stalls: 2
Lot Dimensions: 140x115x48x72x10x10x125
Assessment Pending: Unknown
Below Grd Total SqFt: 0

Property Features

Accessible: None Basement: None Construction Status: Previously Owned Exterior: Vinyl Foundation: Slab Fuel: Natural Gas Heating: Forced Air Owner Pays: Insurance; Taxes Parking Characteristics: Tuckunder Garage Sewer: City Sewer - In Street Stories: Two Water: Well

Contract Information

Contingency: None
Original List Price: 639900
ListPrice: 639900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5415
Street Name: Mallard
Street Suffix: Lane
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Wild Duck 2nd Add

Assessments

Tax With Assessments: 8964
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2100

More Information

Income and Expenses

Annual Gross Expenses: 11000
Annual Gross Income: 45300
Annual Insurance Expense: 2400
Total Annual Expenses: 11000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 33
Township#: 117

Unit 1

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: Yes
1/2 Baths: Yes
Annual Rent: 20700
Finished SqFt: 1650
Full Baths: Yes
Monthly Rent: 1725
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
1/2 Baths: Yes
Annual Rent: 24600
Finished SqFt: 1650
Full Baths: Yes
Monthly Rent: 2050
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 013 BLOCK 002 WILD DUCK 2ND ADDN
Listing City: Excelsior
Map Page: 117
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 918
Property ID Number: 3311723210038
Tax Year: 2025
Tax Amount: 7943
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Don't miss this incredible duplex located on a corner lot in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple use options. AI virtual staging. Buyer to verify all measurements, uses and income potential.
Directions: Smithtown road to Wedgewood, right on Mallard Ln.

Accessible

None: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Owner Pays

Insurance: Yes
Taxes: Yes

Parking Characteristics

Tuckunder Garage: Yes

Sewer

City Sewer - In Street: Yes

Stories

Two: Yes

Water

Well: Yes

5415 Mallard Lane, Excelsior, MN 55331

Overview

Description

Listing Details MLS# 7008176