Investment property with long term tenants (Hot-Tubs/Pools bix 24 years and Karate School 12 years). Includes a Vacant 3,000 Sq. Ft. steel and block unheated garage. Great place for Investor to keep toys. Also, vacant is an 1500 Sq. Ft. office (or studio apartment) on 2nd floor. Great demographic neighborhood between Hopkins and Glen Lake. Current leases are 3 to 5 years. Nice curb appeal with brick and granite facade.
The median home value in Minnetonka, MN is $485,000. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Minnetonka, MN is $485,000. Approximately 68.17% of Minnetonka homes are owned, compared to 26.91% rented, while 4.92% are vacant. Minnetonka real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minnetonka real estate agent to arrange a tour today!
Minnetonka, Minnesota has a population of 53,809. Minnetonka is less family-centric than the surrounding county with 32.33% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Minnetonka, Minnesota is $106,023. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minnetonka is 42.5 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 32.1 inches per year, with 53.3 inches of snow per year.