$600,000
Off-Market Date: 07/18/2026
Listed by: Edina Realty, Inc.
12216 Pioneer Road Minnetonka, MN 55343
Pending MLS# 7105507
8 beds 3 baths 3,590 sq ft Multi-family
Listed by: Edina Realty, Inc.
Details for 12216 Pioneer Road
MLS# 7105507
Description for 12216 Pioneer Road, Minnetonka, MN, 55343
Rare opportunity to own a well-maintained side-by-side duplex in a desirable Minnetonka location. Situated on a spacious lot, this solid investment property features two very similar-style units, each offering three bedrooms on one level and functional living spaces for long-term rental appeal. Several capital improvements have already been completed, including a new roof, new front entry systems, a newer driveway, and newer furnaces and A/C, providing peace of mind and reducing future maintenance expenses. The combination of improvements and updates, strong rental appeal, and stable income potential makes this an excellent addition to an investment portfolio or an ideal owner-occupied opportunity.Conveniently located near shopping, dining, major commuter routes, and abundant recreational amenities, the property enjoys easy access to the nearby Lone Lake Park, the Lake Minnetonka LRT Regional Trail, and less than a mile from the future Shady Oak Station on the METRO Green Line Extension (Southwest Light Rail).
Listing Information
Property Type: Multi-family, Duplex Side by Side
Status: Pending
Bedrooms: 8
Bathrooms: 3
Lot Size: 0.58 Acres
Square Feet: 3,590 sq ft
Year Built: 1984
Foundation: 1,920 sq ft
Garage: Yes
Stories: 1 Story
Number Of Units Total: 2
County: Hennepin
Days On Market: 5
Construction Status: Previously Owned
School Information
District: 270 - Hopkins
Additonal Room Information
Laundry: In Basement, Laundry Room, Sink, In Unit
Interior Features
Square Footage above: 1,920 sq ft
Square Footage below: 1,670 sq ft
Basement: Walkout, Daylight/Lookout Windows, Concrete Block, Drain Tiled, Full, Finished (Livable)
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 4
Parking Description: Garage Door Opener, Driveway - Asphalt, Driveway - Shared, Attached Garage, Garage Sq Ft - 853.0
Exterior: Vinyl
Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
Lot Dimensions: 149x191x148x149
Zoning: Residential-Multi-Family
Topography: Walkout
Additional Exterior/Lot Features: Irregular Lot, Tree Coverage - Medium, Underground Utilities, Public Transit (w/in 6 blks), Road Frontage - Paved Streets, City
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2200
Unit 1 Baths Total: 2
Unit 1 Beds Total: 4
Unit 1 Rooms Total: 11
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1900
Unit 2 Baths Total: 1
Unit 2 Beds Total: 4
Unit 2 Rooms Total: 11
Driving Directions
Hwy 7 to South on Baker Rd to East on Excelsior Blvd to Right on Pioneer Road
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric,Gas,Heat,Snow
Owner Pays: Exterior Maintenance,Insurance,Lawn,Maintenance/Repair,Pest Control,Repairs,Roof Maintenance,Sewer,Taxes,Trash,Water
Gross Income: 49200
Expense: 14549
Tax/Property ID: 2611722210070
Tax Amount: 8496.36
Tax Year: 2026
HomeStead Description: Non-Homesteaded
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Sales History & Tax Summary for 12216 Pioneer Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 12216 Pioneer Road
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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