3279 Library Lane Saint Louis Park, MN 55426
For Sale MLS# 6825562
5 beds 3 baths 3,012 sq ft Multi-family
Details for 3279 Library Lane
MLS# 6825562
Description for 3279 Library Lane, Saint Louis Park, MN, 55426
Exceptional duplex located in the heart of St. Louis Park ideal for investors and owner-occupants alike. One unit is vacant and move-in ready, while the lower unit is currently leased at $2,610 per month, offering immediate rental income.Owner-occupant opportunity: Based on an example scenario using traditional 30-year financing with 25% down (could be less), estimated taxes and insurance, monthly ownership costs are projected at approximately $3921.11. With the lower unit currently rented at $2,610 per month, a buyer occupying the vacant unit could potentially offset a significant portion of their housing cost—resulting in an estimated net monthly out-of-pocket of about only $1311.11. (Figures are estimates and will vary based on financing terms.)Meticulously maintained by the same family for the past 25 years, this property features newer siding with Versetta stone frontage, a maintenance-free exterior, a whole-house LeafGuard gutter system, and numerous updates inside and out.Both units offer spacious layouts filled with natural light, generously sized living rooms, and updated kitchen spaces. The lower unit features a unique two-level layout with three bedrooms, two bathrooms, a full kitchen, and an additional kitchenette that is perfect for flexible living arrangements. The upper unit includes two bedrooms and occupies the entire top floor, providing privacy and comfort.Additional highlights include a large backyard, great outdoor spaces, a detached two-car garage, newer concrete, drain tile with sump pump, an owner’s locker for tools and supplies, and vinyl windows throughout, many of which have been recently replaced.Located on a quiet residential street with convenient highway access, the property is on the bus line, just a half block from the local library, and close to neighborhood shopping, dining, and top-rated schools. It’s also only minutes from The Shops at West End. Enjoy nearby parks, golf courses, and all the amenities St. Louis Park has to offer.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 0.16 Acres
Square Feet: 3,012 sq ft
Year Built: 1951
Foundation: 1,225 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Rgt St Louis Park
Number Of Units Total: 2
County: Hennepin
Days On Market: 74
Construction Status: Previously Owned
School Information
District: 283 - St. Louis Park
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 2,500 sq ft
Square Footage below: 512 sq ft
Basement: Partial Finished
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Detached Garage, Garage Dimensions - 24x23, Garage Sq Ft - 552.0
Exterior: Brick/Stone, Cement Board
Lot Dimensions: 50x140
Driving Directions
From HWY 7, go north on Wooddale, left on W lake St, right on Library Lane, home is on right
Financial Considerations
Tenant Pays: Electric,Gas
Owner Pays: Insurance,Sewer,Trash,Water
Gross Income: 55320
Tax/Property ID: 1711721130120
Tax Amount: 9794.58
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
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.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3279 Library Lane
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 3279 Library Lane
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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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