$5,936

closing credit¹

15937 Franklin Trl SE Prior Lake, MN 55372

$499,900
3,122 sqft
$160 / sqft
Multi-Family

Property details

About 15937 Franklin Trl SE

Exceptional investment opportunity or perfect for multi-generational living in Prior Lake! This versatile up-and-down duplex offers 3 bedrooms in each unit, creating ample space and privacy. The upper unit features 1.5 baths, a private laundry, and a charming four-season porch. The lower unit is accessible for wheelchairs or walkers and includes a cozy gas fireplace and an oversized laundry/utility room. With a shared garage and extra outdoor parking, it's ideal for multiple residents, whether tenants or other occupants. Conveniently located within walking distance to schools and downtown Prior Lake, this property combines comfort with potential for steady rental income and adaptable living arrangements.

Highlights

Home typeDuplex
HeatingBaseboard, Fireplace(s)
StatusActive
Size3,122 sqft
BasementYes
Year built1998
ParkingAttached Garage, Concrete, Driveway - Other Surface, Garage Door Opener
MLS #6659000
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: 6659000
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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view of front of property featuring a garage and a lawn

$499,900

15937 Franklin Trl SE

$5,936

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 01, 2014
Home Sold
$245,000
May 16, 2012
Home Sold
$159,000

Tax history

YearAssessmentProperty Tax
2024$439,700$4,230
2023$416,500$4,096
2022$416,500$4,182
2021$364,800$3,960
2019$304,257$3,776
2018$306,200$3,958
2017$282,500$3,816

History based on county public records data.

Nearby schools

7

WestWood Elementary School

Public District KG-5

0.1 mi

5370 Westwood Dr SE

6

La Ola del Lago at Grainwood

Public District KG-5

0.3 mi

5061 Minnesota St SE

7

Five Hawks Elementary School

Public District KG-5

1.3 mi

16620 Five Hawks Ave SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,879. The most common annual income of people living in Prior Lake, MN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

20%
<35k
42%
35k-100k
30%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • Mexican League SoccerMexican League Soccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Books-a-MillionBooks-a-Million
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • Church's ChickenChurch's Chicken
  • QdobaQdoba

What do the neighbors drive?

  • KiaKia
  • ToyotaToyota
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Adult HitsAdult Hits
  • Active RockActive Rock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 15937 Franklin Trl SE in Prior Lake, MN and zip code 55372. This 3,122 square foot home was built in 1998. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $499,900.

Prior Lake, MN housing market in January 2025 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. Between December and January 2025, Prior Lake, MN real estate market has seen increase in the number of listings by 9%. Listings spent 38 days on the market in January 2025, and had a median list price of $510,916 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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