2627 Commerce Boulevard Mound, MN $ 699,000
2627 Commerce Boulevard
$ 699,000
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2627 Commerce Boulevard

Mound, MN, 55364
$ 699,000
Bedrooms4 Baths4.0 Sq 2,188

Monthly Estimate*

$ 4,828

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Multi-Family Home for sale in Mound, MN

for $699,000 with 4 bedrooms and 4 full baths. This 2,188 square foot home was built in 1912 on a lot size of 0.29.

Once-in-a-lifetime lakefront opportunity — duplex properties on the water are virtually unheard of, and this gem on Lake Langdon checks every box. With approximately 60 feet of pristine lakefront, your own private dock, and individual screened-in patios off each unit overlooking the water, the lifestyle this property offers is truly unmatched. It also is in walking distance to tons of parks and beaches, Surfside Bar and Grill, Caribou Coffee, Back Channel Brewing and so much more! Both units have been nicely renovated and feature 2 bedrooms and 2 bathrooms, granite countertops, stainless steel appliances, and quality finishes throughout. Enjoy stunning views of the lake right from inside each unit — whether you're cooking in the kitchen or relaxing in the living room, the scenery never gets old. Step outside onto your own private deck for even more of that gorgeous lakefront backdrop. Shared laundry is conveniently located on the lower level. Unit 2629 boasts a finished attic space — currently used as a bonus room and perfect for a home office, playroom, or additional sleeping area (not counted in the bedroom total). The attic on the opposite unit offers exciting potential to finish for added square footage and even more usable living space. The income potential here is proven — unit 2627 was previously rented by the current owners for $3,000/month. There is no rental license required, which is an added perk. Live in one unit and let the other help pay your mortgage, or lease both and maximize your return on this rare lakefront asset. Seller is open to any and all offers!

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Multi-Family Active

Price

$ 699,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,884

Style

Duplex Side by Side

Lot Size

0.29

Year Built

1912

Town/City

Mound

County/Region

Hennepin

MLS | Web ID

7157299

Features
General
Living Area 2188
Sewer City Sewer/Connected
Heating Baseboard Ductless Mini-Split
Roof Asphalt Pitched
Garage Spaces 0
Year Built 1912
View Lake Panoramic
Levels One and One Half
Property Subtype Duplex Side by Side
Tax Year 2025
Gross Income 0
Waterfront Features Lake Front
Accessibility None
County Hennepin
Operating Expense 7600
Insurance Expense 2000
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 500
Subdivision Name Sunset View Villa
Directions North on Westedge Blvd then take a right on Barlett Blvd. Property will be on your right.
City Mound
High School District Westonka
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5884
Electric Expense 2500
Fuel Expense 300
Trash Expense 1000
Water Sewer Expense 1000
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Walkout
Basement (Y/N) Y
Above Grade Finished Area 1272
Total Bedrooms 4
Below Grade Finished Area 916
Total Baths 4
Fuel Natural Gas
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Exterior
Water Source City Water/Connected
Lot Size Area 0.29
Building Area Total 2339
Lot Dimensions 123x132x20x110x121x84x40x24
Waterfront Y/N Y
Foundation Area 1067
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Internal Only
Street Number 1 2627
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* Excluded Features
List By
Financially Free, Llc

Broker

alexandra@financiallyfreellc.org

Email

Affordability Calculator

$5,318
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$490
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
709321 Elementary School
708520 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$699,000 Listed Price

Map


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2627 Commerce Boulevard, Mound, MN, 55364 is a Multi-Family Home for sale at $699,000 with 2,188 sqft and a lot size of 0.29. 2627 Commerce Boulevard has 4 bedrooms, 4.0 baths, and was built in 1912. The property's zip code is 55364 which is in Mound, MN