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6221 W Lake Street

Saint Louis Park, MN 55416

– beds
– baths
3,090 sqft
$207 per sqft
1948 build
– on site

Discover this rare four-plex gem in the heart of St. Louis Park, just off W. Lake Street! This well-maintained property has been lovingly cared for by its long-time owner. The building features four spacious 1-bedroom units, three of which are currently leased at $875/month, with leases in place through September 2025 – the fourth unit is currently vacant, accommodating potential owner-occupancy. There is excellent potential for value-add improvements, including updating the kitchens and bathrooms, and increasing rents to reflect current market rates. Take advantage of low-down payment financing and the opportunity for long-term appreciation in this prime location! A standout feature of this property is the presence of four individual furnaces (as opposed to a shared boiler), allowing tenants to pay their own gas and heat bills. Don’t miss out on this rare investment opportunity—schedule your showing today!

Listing courtesy of NORTHSTAR / Paul Begich / Compass

Last checked: Checking… • Last updated Mar 20, 2025 •

MLS# 6685957 —

The Building

Year Built:

1948
New Construction:

false
Age Of Property:

77
Construction Materials:

Brick/Stone, Stucco
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1545.0000
Basement:

Block
Basement:

true
Foundation Area:

1545
Building Area Total:

3090
Above Grade Finished Area:

3090

Room Dimensions

Living Area:

3090

Location

Directions:

North on Highway 100, exit to Minnetonka Blvd. and take a left, left on W. Lake Street
Latitude:

44.942715
Longitude:

-93.358452

The Property

Parcel Number:

1611721230002
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.09
Lot Size Dimensions:

46' x 91'
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

7906
Tax With Assessments:

7906.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

St. Louis Park

The Community

Subdivision Name:

Auditors Sub 378
Assessment Pending:

No

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Listed / Active	NORTHSTAR	$640,000
3/17/25 Mar 17, 2025	Coming Soon	NORTHSTAR	$640,000

Multifamily For Sale

$640,000

Listing provided by broker:

Paul Begich

Compass

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This multifamily located in Lenox, St. Louis Park, MN 55416 is currently for sale for $640,000. 6221 W Lake Street is a 3,090 square foot multifamily with – beds and – baths that has been on Estately for 14 days. 6221 W Lake Street is in the Lenox neighborhood of St. Louis Park and has a WalkScore® of 64, making it somewhat walkable.

Listing Courtesy of: NORTHSTAR and Compass.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.