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3811 Restwood Road Circle Pines, MN $ 595,000
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$ 595,000 Get more info
3811 Restwood Road
$ 595,000
Back to search
Share Save

3811 Restwood Road

Circle Pines, MN, 55014
$ 595,000
Bedrooms2 Baths1.0 Sq 3,328

Monthly Estimate*

$ 4,110

3811 Restwood Road, Circle Pines, MN 55014 - Image 1
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3811 Restwood Road, Circle Pines, MN 55014 - Image 12

Multi-Family Home for sale in Circle Pines, MN

for $595,000 with 2 bedrooms and 1 full bath. This 3,328 square foot home was built in 1984 on a lot size of 0.35.

Great building for owner occupant or good cash flow for an investor. For an owner occupant this huge low interest rate assumable FHA loan with just about 23 years left on it can save huge money per year vs todays interest rates and pays down the principle much faster with this fixed rate loan with 7 years or so already paid down on it. Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.

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Multi-Family Active

Price

$ 595,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,630

Style

Fourplex

Lot Size

0.35

Year Built

1984

Town/City

Circle Pines

County/Region

Anoka

MLS | Web ID

7077994
Features
General
Living Area 3328
Sewer City Sewer/Connected
Heating Boiler
Roof Age Over 8 Years
Garage Spaces 0
Construction Materials Frame
Year Built 1984
Electric Fuses
Tenant Pays Cable TV Electricity Hot Water
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 60480
Accessibility None
County Anoka
Net Operating Income 43380
Operating Expense 17100
Insurance Expense 4200
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
MaintenanceExpense 0
Subdivision Name Ottes Add To Lexington
Directions Hwy 35 W north to Lake Drive. Exit going East about 1 mile to Restwood. This is the corner Cowboy Jack's is on. Go east one block to 3811. First 4 plex on the left.
City Circle Pines
High School District Centennial
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 8630.46
Electric Expense 300
Fuel Expense 1575
Trash Expense 1800
Water Sewer Expense 1216
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Above Grade Finished Area 3328
Laundry Features Laundry Closet Main Level
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
Garage Dimensions 0
Garage Square Feet 0
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Exterior
Parking Features Asphalt Parking Lot Paved Lot
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.35
Building Area Total 3328
Lot Dimensions 75x200
Waterfront Y/N N
Foundation Area 1664
Road Frontage Type City Street Paved Streets Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3811
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* Excluded Features
List By
Counselor Realty

Broker

tsimonsen@metrowiderealestate.com

Email

Affordability Calculator

$4,829
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,110
Monthly Property Taxes
$719
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
708460 Elementary School
708465 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2026$595,000 Listed Price

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3811 Restwood Road, Circle Pines, MN, 55014 is a Multi-Family Home for sale at $595,000 with 3,328 sqft and a lot size of 0.35. 3811 Restwood Road has 2 bedrooms, 1.0 baths, and was built in 1984. The property's zip code is 55014 which is in Circle Pines, MN

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