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1082 5th Street Se, 
Forest Lake, MN 55025

$579,000


6

Beds


4

Baths


3,696

Sq Ft


Multi-Family

Active

Listed by

Spencer A Hutton

Engel & Volkers Minneapolis Downtown

612-338-3836

Last updated:

May 30, 2026, 03:13 PM

MLS#

7045525

Source:

ND FMAAR

About This Home

1082 5th Street Se

Exceptional Investment Opportunity | Forest Lake Side-by-Side Duplex | 6 BD / 4 BA Discover the perfect blend of modern living and smart investing with this beautifully updated side-by-side duplex nestled in sought-after Forest Lake. Each thoughtfully designed unit offers a stylish split-level layout featuring three bedrooms and two bathrooms, delivering the space and comfort that today's renters and homeowners demand. The upper level of each unit is home to a serene primary bedroom retreat complete with a generous walk-in closet, while two additional bedrooms on the lower level provide flexible space for family, guests, or a home office. Both units are finished with a fresh, modern aesthetic that sets them apart from the competition — think clean lines, updated finishes, and move-in ready appeal throughout. Convenient in-unit laundry rooms on the lower level of each unit add the everyday functionality that tenants love and that commands premium rents. Whether you're a savvy investor looking to maximize your portfolio with two income-producing units, or a buyer seeking the rare chance to live in one unit while your tenant's rent offsets your mortgage, this property delivers unmatched financial flexibility. Opportunities like this — turnkey, updated, and ideally situated in one of the north metro's most desirable lake communities — simply don't last long in today's market.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1995

Price Summary

579,000

$156 per Sq. Ft.

MLS #:

7045525

Last Updated:

May 30, 2026, 03:13 PM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,696 Sq. Ft.


Structure

Structure

Building Area:

3,696 Sq. Ft.

Year Built:

1995


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$579,000

Price per Sq. Ft:

$156 per Sq. Ft.

Source:ND FMAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.