About This Home

This 8-bedroom, 4-bathroom residential multi family at 3811 Restwood Road in Circle Pines, MN is listed for $595,000 ($179 per sqft). Built in 1984, the home offers 3,328 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1984
  • 0.35 acre lot

Property Details

4 full
1984
Listing Description

Great building for owner occupant or good cash flow for an investor. For an owner occupant this huge low interest rate assumable FHA loan with just about 23 years left on it can save huge money per year vs todays interest rates and pays down the principle much faster with this fixed rate loan with 7 years or so already paid down on it.

Nicely updated siding and windows. Inside the units have updated flooring, kitchens and paint. Each unit has 2 bedrooms and a bath. The units have separate hot water heaters in them. A common boiler keeps this entire building cozy during the winter. Lots of parking out front on an asphalt lot. Very convenient location just a mile east of 35W off Lake Drive. Easy walking distance to shopping. Just a few short blocks to Lexington City Park.

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

3811 Restwood Road

Circle Pines, MN 55014

Ottes Add To Lexington

Property Details

Construction

Frame

Parking

DrivewayParking Lot

Heating

Oil

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 3811 Restwood Road is listed at $595,000 ($179/sqft). The estimated monthly payment is $3,183 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 0.35 acre lot.

This property is listed by Thomas L. Simonsen.

TS

Thomas L. Simonsen

Agent at Counselor Realty, Inc

Listed by Counselor Realty, Inc · Broker phone: (763) 390-3017 · View on Broker Site · Broker website

MLS# 7077994· Source: Northstar MLS· 159 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3811 Restwood Road, Circle Pines, MN 55014

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