7 Kaiser AvenueMedicine Lake, MN 55441
$699,000
4 bedrooms · 4 bathrooms · 2,717 finished sq ft · 0.47 acre lot
About this home
Rare up-down duplex opportunity in picturesque Medicine Lake, surrounded by single-family homes and offering beautiful lake views. The owner-occupied upper unit features two bedrooms, two bathrooms, a spacious four-season porch overlooking the private backyard, and Medicine Lake views from the kitchen. The lower unit offers two bedrooms, full bath, private laundry, huge patio, spacious kitchen and family room, plus excellent storage. A private, level backyard with firepit provides plenty of room to enjoy the outdoors. The heated three-stall garage offers generous parking, workspace and private locked storage for each unit. Ideal for an owner occupant, multigenerational living or investment, with convenient access to Medicine Lake, parks, trails, Wayzata Schools and downtown Minneapolis just 15 minutes away. A rare combination of privacy, lake views, garage space and income-producing potential. SEPARATE ELECTRIC METERS & GAS METERS and two separate furnaces and ac as well.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1979
- Bedrooms
- 4
- Bathrooms
- 4
- Finished sq ft
- 2,717
- Lot
- 0.47 acres
- Garage
- 3 stalls
- Basement
- Walk-Out Access, Finished, Full, Storage Space
- Heating
- Natural Gas, Forced Air
- Property taxes
- $7,405 a year
- Listed
- September 22, 2026
- MLS number
- 7145468
Listing courtesy of Edina Realty, Inc. (Peter J Ice). MLS #7145468.
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How it compares
7 Kaiser Avenue, Medicine Lake, MN 55441 is a 4-bedroom multi-family home built in 1979, listed for $699,000 on September 22, 2026 by Edina Realty, Inc.. That works out to $257 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Medicine Lake community guideSchools, commutes, parks, home values and local stories.
- Medicine Lake housing market, September 2026Homes sold for a median $1,480,000 over 12 months (+41.6%), 100 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
