Lori Gustafson

4519 & 4521 Manchester Road

Mound, MN
$ 295,000 Beds 2 Baths 2 Sq 1,225
Monthly Estimate* How much can I afford?

Investment Opportunity – Two Homes on One Lot! Unique opportunity featuring two separate homes on one lot, plus an additional parcel included with the sale! Each home offers 1 bedroom and 1 bathroom, providing plenty of possibilities for rental income, multi-generational living, or an investment project. Both homes are ready for some TLC and updates, giving the next owner the opportunity to add value and build equity. Whether you're looking to expand your rental portfolio or take on your next renovation project, this property offers tons of potential. Two homes, an additional parcel, and plenty of possibilities—bring your ideas and make it your own!

Single Family

  • Price
  • $ 295,000
  • City
  • Mound
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Avalon
  • Lot Size
  • 0.16 Acres
  • Zip
  • 55364
  • Sqr Footage
  • 1,225
  • Year Built
  • 1930
  • Taxes
  • $ 2246
  • Style
  • Single Family
  • MLS#
  • 7132648
Listed By: Keller Williams Classic Rlty NW
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1225
Sewer City Sewer/Connected
Heating Forced Air
Cooling None
Garage Spaces 1
Construction Materials Block
Year Built 1930
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Avalon
Full Baths 1
Directions Tuxedo Blvd to Manchester. Main Driveway for upper home is around the corner on Tuxedo Blvd.
City Mound
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2246
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit City View,Deck,Kitchen Window,Main Floor Primary Bedroom
PostalCity Mound

Interior Features

Basement Block,Full,Storage Space,Unfinished
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1225
3/4 Baths 1
Total Bedrooms 2
Total Baths 2
Bath Desc Main Floor Full Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
Garage Square Feet 240

Exterior Features

Parking Features Attached Garage,Gravel,Electric,Garage Door Opener,Insulated Garage,Storage,Tuckunder Garage
Water Source City Water/Connected
Lot Size Area 0.16
Building Area Total 1225
Lot Dimensions x
Waterfront Y/N No
Foundation Area 1225

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/31/2026 Listed $295,000

Property vs Zip Code Average in 55364

Price
AVG $1.57M
$300K
Taxes
AVG $10,266
$2,246
Year Built
AVG 1985
1930
Visits
AVG 93
23
Data Provided by Inside Real Estate®

Areas That We Cover

4519 & 4521 Manchester Road Mound, MN is a Single Family Home for sale at $295000 with 1225 sqft and a lot size of 0.16 Acres Acre(s). 4519 & 4521 Manchester Road Mound has 2 bedrooms, 2 baths and was built in 1930. The property's zip code is 55364 which is in Mound, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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