3407 Chestnut Ln
Eagan, MN 55123
- 3 Beds
- 2.5 Baths
- 1,800 sqft
3 Beds
2.5 Baths
1,800 sqft
Local Information
-- mins to
Description
Turnkey Investment Property with Immediate Rental Income in Prime Eagan Location (55123)
Don't miss this exceptional investment opportunity to own a well-maintained 3-bedroom, 3-bath townhome in one of Eagan's most desirable neighborhoods. This income-producing property is currently leased at $2,500 per month through November 23, 2026, providing stable cash flow and immediate returns for investors.
The spacious floor plan offers comfortable living with three generous bedrooms, three bathrooms, a bright living area, and a functional kitchen. Recent updates add value and peace of mind, including a new refrigerator, a new hot water system, and a water filtration system, reducing near-term maintenance costs.
Located in the highly sought-after 55123 zip code, this property enjoys strong rental demand due to its proximity to shopping, dining, parks, trails, major employers, and convenient access to highways and Minneapolis–Saint Paul International Airport. The area is known for its excellent amenities and desirable community atmosphere.
Whether you're expanding your real estate portfolio or seeking a reliable, income-generating asset, this townhome offers a rare combination of long-term tenant stability, strong rental income, recent upgrades, and a prime Eagan location.
A true turnkey investment opportunity with established rental income already in place.
Don't miss this exceptional investment opportunity to own a well-maintained 3-bedroom, 3-bath townhome in one of Eagan's most desirable neighborhoods. This income-producing property is currently leased at $2,500 per month through November 23, 2026, providing stable cash flow and immediate returns for investors.
The spacious floor plan offers comfortable living with three generous bedrooms, three bathrooms, a bright living area, and a functional kitchen. Recent updates add value and peace of mind, including a new refrigerator, a new hot water system, and a water filtration system, reducing near-term maintenance costs.
Located in the highly sought-after 55123 zip code, this property enjoys strong rental demand due to its proximity to shopping, dining, parks, trails, major employers, and convenient access to highways and Minneapolis–Saint Paul International Airport. The area is known for its excellent amenities and desirable community atmosphere.
Whether you're expanding your real estate portfolio or seeking a reliable, income-generating asset, this townhome offers a rare combination of long-term tenant stability, strong rental income, recent upgrades, and a prime Eagan location.
A true turnkey investment opportunity with established rental income already in place.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$350/Monthly
Price/Sqft
$216
Listed
33 days ago
Home Details for 3407 Chestnut Ln
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Heating & Cooling Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Linoleum Vinyl |
Interior Details AtticNumber of Rooms: 7Types of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, PantryCeiling Fan |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltExterior: ShingleLawnPatioSprinkler System |
Parking & Garage GarageParking Spaces: 2Parking: Carport, Garage Attached, Off Street, On Street |
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Days on Market: 33 days on Trulia |
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Year Built Year Built: 2013 |
Property Type / Style Property Type: TownhouseArchitecture: townhouse |
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Price Price Per Sqft: $216 |
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Units in Building: 1 |
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HOA Fee: $350/Monthly |
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Lot Area: 2144 sqft |
Market trends in Eagan
Last updated May 2026
Avg. sale price
$367K
$13.65KMoM
Sale-to-List Price
100.1%
0.5%MoM
Price per sq ft
$187
$3MoM
Available listings
200
32MoM
Price History for 3407 Chestnut Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/31/2026 | $389,000 | Listed For Sale | N/A |
| 11/24/2025 | $389,900 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6806535 |
| 11/07/2025 | $2,650 | ListingRemoved | Zillow Rentals |
| 10/20/2025 | $389,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6806535 |
| 09/23/2025 | $2,650 | PriceChange | Zillow Rentals |
| 08/12/2025 | $2,895 | Listed For Rent | Zillow Rentals |
| 09/14/2022 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6247502 | |
| 08/11/2022 | $375,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6247502 |
| 01/31/2022 | $363,330 | Sold | NorthstarMLS as distributed by MLS GRID #6108078 |
| 12/28/2021 | $359,900 | Pending | NorthstarMLS as distributed by MLS GRID #6108078 |
| 12/18/2021 | $359,900 | PriceChange | NorthstarMLS as distributed by MLS GRID #6108078 |
| 10/22/2021 | $377,700 | PriceChange | Zillow Offers #126971 |
| 10/01/2021 | $381,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6108078 |
| 08/12/2021 | $373,700 | Sold | N/A |
| 02/05/2021 | ListingRemoved | N/A | |
| 06/06/2019 | $2,200 | ListingRemoved | N/A |
| 05/10/2019 | $2,200 | Listed For Rent | N/A |
| 04/30/2014 | $241,000 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #2153825 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,690 |
| Assessment | $345,700 |
Home facts updated by county records
Comparable Sales for 3407 Chestnut Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Townhouse | $392,500 | 04/03/26 | 3 | 2.5 | 1,800 | |
0.30 | Townhouse | $370,000 | 11/04/25 | 3 | 3 | 2,041 | |
0.55 | Townhouse | $375,000 | 08/27/25 | 3 | 2.5 | 2,315 | |
0.50 | Townhouse | $350,000 | 09/22/25 | 2 | 2 | 2,002 | |
0.44 | Townhouse | $270,000 | 12/15/25 | 2 | 2 | 1,680 | |
0.41 | Townhouse | $435,000 | 09/02/25 | 2 | 2 | 2,053 | |
0.55 | Townhouse | $330,000 | 06/18/26 | 2 | 2 | 1,812 | |
0.53 | Townhouse | $430,000 | 01/15/26 | 2 | 2 | 2,400 | |
0.48 | Townhouse | $365,000 | 12/08/25 | 3 | 2.5 | 2,135 | |
0.86 | Townhouse | $329,800 | 06/05/26 | 3 | 3.5 | 2,745 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3407 Chestnut Ln.
What Locals Say about Eagan
At least 326 Trulia users voted on each feature.
90 % Say it's dog friendly
90 % Say parking is easy
88 % Say car is needed
76 % Say kids play outside
74 % Say there's holiday spirit
73 % Say it's quiet
73 % Say people would walk alone at night
68 % Say yards are well-kept
65 % Say there's wildlife
60 % Say there are sidewalks
59 % Say streets are well-lit
56 % Say it's walkable to restaurants
54 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
43 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
3407 Chestnut Ln, Eagan, MN 55123 is a 3 bedroom, 3 bathroom, 1,800 sqft townhouse built in 2013. This property is currently available for sale and was listed on May 31, 2026.

