2128 Cedar Ln
Mound, MN 55364
- 4 Beds
- 2 Baths
- 2,092 sqft (on 0.29 acres)
$440,000
Last Sold: May 7, 2026
2% below list $450K
$210/sqft
Est. Refi. Payment $2,773/mo*
$440,000
Last Sold: May 7, 2026
2% below list $450K
$210/sqft
Est. Refi. Payment $2,773/mo*
4 Beds
2 Baths
2,092 sqft
(on 0.29 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1979
Lot Size
0.29 acres
Living Area
2,092 sqft
Price/Sqft
$210/sqft
Parking
2 Car Garage
About this House
Rare Lake Area Duplex – Prime Investment Opportunity
Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity.
Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining.
2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit.
Income. Scarcity. Location. Long-term upside.
Hard-to-find side-by-side duplex in the heart of Mound offering strong income potential in a high-demand Lake Minnetonka location. Duplex inventory here is limited, making this a strategic long-term hold or ideal house-hack opportunity.
Each unit features private in-unit laundry and a one-car attached garage — high-demand amenities that attract quality tenants. Enjoy a flat, private, lightly wooded backyard, lake views, and a location just steps from the water and close to downtown Mound’s shopping and dining.
2128 unit has been fully remodeled with a bright, open floor plan and turnkey appeal — perfect for an owner-occupant while generating income from the second unit.
Income. Scarcity. Location. Long-term upside.
2128 Cedar Ln, Mound, MN 55364 is a 4 bedroom, 2 bathroom, 2,092 sqft multi-family built in 1979. It last sold for $440,000 on May 7, 2026 (2% below the $450,000 asking price). More recently, it was listed as a rental in January 2019 with an asking price of $1,100 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $444,000, with a rent estimate of $1,911/month.
Home Details for 2128 Cedar Ln
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MLS Status: Closed |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 2092 Square FeetFoundation Area: 1792 |
Appliances & Utilities Laundry: In Unit |
Heating & Cooling Heating: BaseboardHas HeatingHeating Fuel: Baseboard |
Gas & Electric Electric: Circuit BreakersGas: Electric |
Levels, Entrance, & Accessibility Levels: Three Level SplitAccessibility: None |
View Has a ViewView: Lake |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, PatioFencing: Chain LinkNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Carport Spaces: 4Number of Covered Spaces: 2Other Parking: Garage Dimensions (12x18), Garage Door Height (7), Garage Door Width (12)No CarportHas a GarageHas an Attached GarageParking Spaces: 6Parking: Tuckunder Garage |
Pool Pool: None |
Frontage Waterfront: Lake ViewRoad Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: City Sewer - In Street |
Surface & Elevation Topography: Level |
Finished Area Finished Area (above surface): 1792 Square FeetFinished Area (below surface): 300 Square Feet |
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Cumulative Days on Market: 48 |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex Side by Side |
Building Construction Materials: Block, FrameNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 1311724310075 |
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Price List Price: $450,000Price Per Sqft: $210/sqft |
Status Change & Dates Off Market Date: Fri Apr 10 2026 |
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Direction & Address City: MoundCommunity: Abraham Lincoln Add Lake Side Park |
School Information High School District: Westonka |
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Building Area Building Area: 2092 Square Feet |
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Lot Area: 0.29 acres |
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Contingencies: None |
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Expense Tenant Pays: All Utilities |
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BasementMls Number: 7020651Water ViewWater View: LakeAbove Grade Unfinished Area: 1792Activation Date: Sat Feb 21 2026 |
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HOA Amenities: Patio |
Last check for updates: about 14 hours ago
Listed by Bob Beutler, (612) 558-7355
National Realty Guild
Bought with: Mali Ith, (952) 388-8642, Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#7020651

Price History for 2128 Cedar Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/07/2026 | $440,000 | Sold | NorthstarMLS as distributed by MLS GRID #7020651 |
| 04/10/2026 | $450,000 | Pending | NorthstarMLS as distributed by MLS GRID #7020651 |
| 03/06/2026 | $450,000 | PriceChange | NorthstarMLS as distributed by MLS GRID #7020651 |
| 02/21/2026 | $525,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7020651 |
| 03/24/2021 | ListingRemoved | N/A | |
| 02/27/2019 | $1,100 | ListingRemoved | N/A |
| 01/27/2019 | $1,100 | Listed For Rent | N/A |
| 08/05/2016 | $204,000 | Sold | N/A |
Market trends in Mound
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,161 |
| Assessment | $385,200 |
Home facts updated by county records
Comparable Sales for 2128 Cedar Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.70 | Multi-Family Home | $381,000 | 04/09/26 | 3 | 2 | 1,602 | |
1.27 | Multi-Family Home | $497,500 | 10/21/25 | 6 | 2 | 2,316 | |
2.78 | Multi-Family Home | $840,000 | 03/05/26 | 6 | 4 | 3,325 | |
3.75 | Multi-Family Home | $575,000 | 02/20/26 | 6 | 4 | 2,880 | |
3.85 | Multi-Family Home | $570,402 | 04/01/26 | 6 | 4 | 3,300 | |
3.87 | Multi-Family Home | $560,000 | 07/21/26 | 6 | 4 | 3,300 | |
4.24 | Multi-Family Home | $390,000 | 09/04/25 | 4 | 2 | 1,644 | |
3.92 | Multi-Family Home | $644,000 | 11/07/25 | 7 | 4 | 3,705 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2128 Cedar Ln.
What Locals Say about Mound
At least 39 Trulia users voted on each feature.
98 % Say it's dog friendly
92 % Say car is needed
91 % Say kids play outside
87 % Say parking is easy
86 % Say people would walk alone at night
83 % Say there's holiday spirit
78 % Say yards are well-kept
70 % Say there's wildlife
69 % Say neighbors are friendly
69 % Say streets are well-lit
67 % Say it's walkable to restaurants
65 % Say it's quiet
60 % Say there are community events
57 % Say it's walkable to grocery stores
56 % Say they plan to stay for at least 5 years
34 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 2128 Cedar Ln
Off Market Homes Near 2128 Cedar Ln

Based on information submitted to the MLS GRID as of 2026-08-01 19:48:10 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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