Find Your Dream Home: Search 10,000+ Homes for Sale

407 1st Avenue NW, Forest Lake, MN 55025

$330,000

Virtual Tour

https://mint-real-estate-photography.aryeo.com/sites/opzaknl/unbranded

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,164 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $330,000 List Date: 2/26/2025 Last Modified: 6/04/2026

Overview

Description

Discover your dream home in Forest Lake with over $60,000 in updates and renovations done since 2020 including new roof and siding. This home is currently being used as a duplex which offers the perfect blend of comfort and investment potential. Live here, rent out a unit or house loved ones nearby. 3-bedroom 1 bath unit on the main level and a 1-bedroom 1 bath unit upstairs. Separate entrances to each unit. Heated and insulated garage. Convenient in town location close to all city amenities including the bike trail and Lakeside Memorial Park with boat launch all within walking distance. Don't miss this opportunity!

Listing Details MLS# 6670296

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront Present: No
Year Built: 1890
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Main Floor Total SqFt: 264
Above Grd Total SqFt: 1900
Below Grd Total SqFt: 264
Total SqFt: 2164
Total Finished Sqft: 1900.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 1350
Garage Stalls: 2
Lot Dimensions: 50x150
Acres: 0.17
Assessment Pending: No
Number of Fireplaces: 0
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Kitchen Window; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Full; Unfinished Bath Description: Main Floor Full Bath; Upper Level Full Bath; Separate Tub & Shower Construction Materials: Insulating Concrete Forms Construction Status: Previously Owned Dining Room Description: Eat In Kitchen Exterior: Vinyl; Wood Fencing: Partial; Wood Financing Terms: FHA Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: In Hall Lock Box Type: Supra Lot Description: Tree Coverage - Medium Parking Characteristics: Heated Garage; Insulated Garage Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: Main Floor Laundry Stories: One and One Half Water: City Water/Connected

Contract Information

Off Market Date: 2025-04-28
Contingency: None
Closed Date: 2025-06-02
Original List Price: 350000
Sales Close Price: 330000
ListPrice: 325000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 407
Street Name: 1st
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Forest Lake
County: Washington
State: MN
Zip Code: 55025
Complex/Dev/Subdivision: Houles Jw Add

Assessments

Tax With Assessments: 2856
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1900

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SPAAR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x24
Garage Square Feet: 624
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 21
Section#: 8
Township#: 32

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SUBDIVISIONNAME J W HOULE'S ADD LOT 12 BLOCK 1 SUBDIVISIONCD 32720
Listing City: Forest Lake
Map Page: 39
Municipality: Forest Lake
School District: Forest Lake
School District Phone: 651-982-8103
Zip Plus 4: 1002
Property ID Number: 0803221210045
Tax Year: 2024
Tax Amount: 2853
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Discover your dream home in Forest Lake with over $60,000 in updates and renovations done since 2020 including new roof and siding. This home is currently being used as a duplex which offers the perfect blend of comfort and investment potential. Live here, rent out a unit or house loved ones nearby. 3-bedroom 1 bath unit on the main level and a 1-bedroom 1 bath unit upstairs. Separate entrances to each unit. Heated and insulated garage. Convenient in town location close to all city amenities including the bike trail and Lakeside Memorial Park with boat launch all within walking distance. Don't miss this opportunity!
Directions: Hwy 61 to Broadway Ave; WEST to 4th St NS; NORTH to home

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Kitchen Window: Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes
Unfinished: Yes

Bath Description

Main Floor Full Bath: Yes
Upper Level Full Bath: Yes
Separate Tub & Shower: Yes

Construction Materials

Insulating Concrete Forms: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes

Exterior

Vinyl: Yes
Wood: Yes

Fencing

Partial: Yes
Wood: Yes

Financing Terms

FHA: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

In Hall: Yes

Lot Description

Tree Coverage - Medium: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

Main Floor Laundry: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Kitchen	12x11	Main
Kitchen	13x12	Upper
Living Room	11.5x27	Main
Living Room	14x12	Upper
First (1st) Bedroom	11.5x11.5	Main
Dining Room	12x10	Main
Third (3rd) Bedroom	13x11	Main
Second (2nd) Bedroom	11.5x7.5	Main

Listing Office: Keller Williams Premier Realty

Last Updated: June - 04 - 2026

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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.