$595,000

3811 Restwood RoadCircle Pines, MN 55014

Type: Multi-Family

4 Units

Description

Great owner occupied building or good cash flow for an investor. 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.

MLS ID: 7077994

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.

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Property Details

Essential Details

MLS #: 7077994

Listing courtesy of: Counselor Realty

Price: $595,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 4

Annual Gross Income: $60,480

Operating Expense: $17,100

Tenant Pays: Cable TV, Electricity, Hot Water

Owner Pays: Exterior Maintenance, Gas, Heat, Insurance, Grounds Care, Repairs, Management, Pest Control, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water

Parking Features: Asphalt, Parking Lot, Paved Lot

Building Details

Owner Occupied: Yes

Finished SqFt Total: 3,328

Finished Above Grade: 3,328

Fireplace: No

Construction Materials: Frame

AccessibilityFeatures: None

Roof: Age Over 8 Years

Heating: Boiler

Electric: Fuses

Style: Fourplex

Foundation Area: 1,664

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Refrigerators: Four

Lot Details

Complex/Dev/Sub Name: Ottes Add To Lexington

Lot Dimensions: 75x200

Road Frontage: City Street, Paved Streets, Street Lights

School Information

District: Centennial

District Number: 12

District Phone: 7637926000

Community Information

County: Anoka

Survey Range: 23

Survey Section: 35

Survey Township: 31

Taxes

Tax Year: 2026

Tax Amount: $9,910

Assessment Pending: No

Taxes w/Assessments: $9,910

This listing was last updated by Counselor Realty on 5/27/2026 at 3:12 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 6/16/2026 6:06 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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