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7920 Terrace Road Ne, 
Spring Lake Park, MN 55432

$350,000


4

Beds


2

Baths


1,728

Sq Ft


Multi-Family

Pending

Listed by

Kerby & Cristina Real Estate Experts

Jeremy Nelson

RE/MAX Results

763-591-6000

Last updated:

May 18, 2026, 07:57 AM

MLS#

7049215

Source:

NSMLS

About This Home

7920 Terrace Road Ne

Rare opportunity to own a side-by-side duplex with one side vacant for owner-occupancy and the other side leased month-to-month, offering immediate rental income. Each unit features 2 bedrooms, 1 bathroom, an attached garage stall, and access to a shared onsite laundry room conveniently located between the units. Situated on a spacious lot with large front and back yards, the property offers mature trees, plenty of shade, and ample on-street parking. Unit 7922 has seen recent cosmetic updates including new flooring, carpet, and freshly painted kitchen cabinets. This property presents a solid opportunity for investors looking to expand their portfolio or for an owner-occupant looking to offset their mortgage with rental income. Recent mechanical updates include a new furnace and water heater in 2024, along with a new laundry tub in 2025. Conveniently located near schools, parks, Mercy Hospital, public transportation, and several retail and shopping areas, this property offers easy access to everyday amenities for both tenants and future owners alike.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1958

Price Summary

350,000

$202 per Sq. Ft.

MLS #:

7049215

Last Updated:

May 18, 2026, 07:57 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,728 Sq. Ft.


Structure

Structure

Building Area:

1,728 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

15,681


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$202 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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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.