SOLD SEP 4, 2025

Off Market Sep 2025 for $390K

—

Est. refi paymentEst. refi $2,583/mo

•

—

sq ft

24945 Smithtown Rd, Shorewood, MN 55331

About this home

Rare Duplex Opportunity in Highly Sought-After Shorewood! Don’t miss this exceptional investment or redevelopment opportunity just minutes from vibrant downtown Excelsior. Situated on a generous tree lined.83-acre lot, this side-by-side duplex features two units, each offering 2 bedrooms and 1 full bath—ideal for rental income, multi-generational living, or future new construction. This is a prime location with close proximity to Lake Minnetonka, Excelsior’s dining, shopping, parks, and top-tier Minnetonka schools—making it incredibly attractive to both tenants and future homeowners. Zoned for flexibility, this property offers rare potential to hold as an income property or build your dream home in a location where options like this rarely come up. Showings require 2 hour notice as property is tenant-occupied. This is the property you’ve been waiting for—an unbeatable location, generous lot, and future potential. Act fast!

Multi-familyProperty Type

1951Year Built

0.83 acresLot Size

4 spacesParking

Listed by Lawrence DePauw • Edina Realty, Inc.

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6769624

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55331, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

0.1% MoM

Median sale price

$795K

$28K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

115

29 MoM

New listings for sale

$824,900
4 beds3 baths3,893 sq ft
269 Tristan Dr, Excelsior, MN 55331
$1,200,000
4 beds2 baths1,602 sq ft
26750 Smithtown Rd, Shorewood, MN 55331
COMING SOON
$1,749,000
5 beds5 baths5,252 sq ft
4264 Woodland Ct, Minnetrista, MN 55331
$775,000
2 beds2 baths1,423 sq ft
205 Mill St Unit S204, Excelsior, MN 55331
3D WALKTHROUGH
$619,000
5 beds2 baths2,246 sq ft
25715 Wild Rose Ln, Shorewood, MN 55331
$595,000
4 beds3 baths2,059 sq ft
5665 Star Cir, Shorewood, MN 55331
3D WALKTHROUGH
$1,375,000
4 beds4 baths4,113 sq ft
2180 Crestview Dr, Excelsior, MN 55331
$1,099,000
3 beds3 baths3,226 sq ft
23780 Lawtonka Dr, Shorewood, MN 55331
$750,000
3 beds4 baths2,724 sq ft
20452 Knightsbridge Rd, Shorewood, MN 55331
$915,000
4 beds2 baths3,176 sq ft
27885 Woodside Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 24945 Smithtown Rd

Tax history for 24945 Smithtown Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

107 ft.

Lot depth

315 ft.

Lot size

0.83 Acres

Year renovated

1960

Sq. Ft.

1,644

Year built

1951

Style

Other

County

Hennepin County

APN

33 117 23 24 0010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: Gravel, Guest Parking, Shared Garage/Stall, Open

Interior

Basement Information
Has Basement
Basement Features: Block, Daylight/Lookout Windows, Full, Storage Space, Sump Pump, Unfinished

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Construction Materials: Fiber Cement
Foundation Area: 1,644
Roof: Age Over 8 Years, Asphalt

Exterior Features
Fencing: None

Property Information
Above Ground Total Sq. Ft.: 1,644
Below Ground Total Sq. Ft.: 1,644
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Side by Side
Above Grade Finished Area: 1,644
Range Num: One Per Unit

Lot Information
Lot Size Area: 0.83
Lot Size Units: Acres
Lot Size Dimensions: 36155 SF
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $4,353
Tax Year: 2025
Tax With Assessments: $4,353

Lease / Rent Details
RentalLicense Y/N: No
Tenant Pays: All Utilities

Financial Information
Conventional

Utilities

Utility Information
Water Source: City Water/Connected, Well
Electric: Circuit Breakers, Fuses
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

Multi-Family Financial Information
Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 822
# of Rooms Total: 5
Room Spec: Main Floor Primary
# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Dryer, Electric Water Heater, Range
Parking: 4
Amenities: Main Floor Primary Bedroom
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 822
# of Rooms Total: 5
Room Spec: All Living Fac. on One Level
# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Dryer, Electric Water Heater, Range
Amenities: Main Floor Primary Bedroom
# of Units: 1

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: County Road 19 to Smithtown
Map Coordinate: 117-C3
Topography: Level

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,644
Stories: 1.0
Lot Size: 0.83 acres
Style: Other
Year Built: 1951
Year Renovated: 1960
County: Hennepin County
APN: 33 117 23 24 0010

Home facts updated by county records on Jul 21, 2026

Other

Home Information
Living Area: 1644
Main Level Finished Area: 1644.0000
Building Area Total: 3288
Age Of Property: 74
Levels: One

Around this home

Schools

Minnewashta Elementary School

Public K-5 • Assigned • 0.9mi

9/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.2mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 4.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Shorewood, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 55331

$824,900

4 beds3 baths3,893 sq ft

269 Tristan Dr, Excelsior, MN 55331

$1,200,000

4 beds2 baths1,602 sq ft

26750 Smithtown Rd, Shorewood, MN 55331

COMING SOON

$1,749,000

5 beds5 baths5,252 sq ft

4264 Woodland Ct, Minnetrista, MN 55331

$775,000

2 beds2 baths1,423 sq ft

205 Mill St Unit S204, Excelsior, MN 55331

3D WALKTHROUGH

$619,000

5 beds2 baths2,246 sq ft

25715 Wild Rose Ln, Shorewood, MN 55331

$595,000

4 beds3 baths2,059 sq ft

5665 Star Cir, Shorewood, MN 55331

3D WALKTHROUGH

$1,375,000

4 beds4 baths4,113 sq ft

2180 Crestview Dr, Excelsior, MN 55331

$1,099,000

3 beds3 baths3,226 sq ft

23780 Lawtonka Dr, Shorewood, MN 55331

$750,000

3 beds4 baths2,724 sq ft

20452 Knightsbridge Rd, Shorewood, MN 55331

Home values near 24945 Smithtown Rd

Data from public records.

Address	Redfin Estimate
24930 Smithtown Rd, Shorewood, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$498,324
24905 Smithtown Rd, Shorewood, MN 2 Beds \| 1 Baths \| 1063 Sq. Ft.	$344,337

Address	Redfin Estimate
25040 Smithtown Rd, Shorewood, MN 2 Beds \| 1 Baths \| 728 Sq. Ft.	$374,123
25015 Smithtown Rd, Shorewood, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$549,417

Address	Redfin Estimate
24860 Smithtown Rd, Shorewood, MN 4 Beds \| 2 Baths \| - Sq. Ft.	—
25005 Smithtown Rd, Shorewood, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$602,052

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 55331, MN

Sale history for 24945 Smithtown Rd

Tax history for 24945 Smithtown Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 24945 Smithtown Rd

More real estate resources