$615,000
5570 & 5580 Shorewood Lane Shorewood, MN 55331
For Sale MLS# 7079447
6 beds 4 baths 2,230 sq ft Multi-family
Details for 5570 & 5580 Shorewood Lane
MLS# 7079447
Description for 5570 & 5580 Shorewood Lane, Shorewood, MN, 55331
Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities. Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new appliances. Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.
Listing Information
Property Type: Multi-family, Duplex Side by Side
Status: Active
Bedrooms: 6
Bathrooms: 4
Lot Size: 0.46 Acres
Square Feet: 2,230 sq ft
Year Built: 1968
Foundation: 950 sq ft
Garage: Yes
Stories: 1 Story
Number Of Units Total: 2
County: Hennepin
Days On Market: 17
Construction Status: Previously Owned
School Information
District: 276 - Minnetonka
Additonal Room Information
Laundry: Laundry Room, Lower Level
Interior Features
Square Footage above: 1,560 sq ft
Square Footage below: 670 sq ft
Basement: Full, Finished (Livable)
Utilities
Water: Well
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Attached Garage, Driveway - Asphalt, Garage Sq Ft - 484.0
Exterior: Wood
Roof: Asphalt Shingles
Lot Dimensions: 135x329x421x140
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Irregular Lot, Tree Coverage - Heavy, Road Frontage - City
Driving Directions
Co. Rd. 9 to Shorewood Lane to duplex on left.
Financial Considerations
Gross Income: 48000
Expense: 3000
Tax/Property ID: 3311723110091
Tax Amount: 7026.38
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Keller Williams Premier Realty Lake Minnetonka
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.
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 5570 & 5580 Shorewood 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 5570 & 5580 Shorewood Lane
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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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