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4 Beds
2 Baths
2,256 sqft

$389,900

405 Lake Boulevard S, Buffalo MN, 55313

Price per sqft$172.83
Built in1892
Property size2,256 sqft
Property typeMulti-family
Courtesy of Engel & Volkers Prior Lake, Nichole Fairbanks Listing Contact:

Overview

Active

Listed Oct 8, 2026

Updated 18h ago

This beautifully updated Buffalo duplex offers the perfect blend of charm, functionality and investment opportunity. Whether you’re looking to owner-occupy and offset your mortgage with rental income or add a turnkey property to your portfolio, this one checks all the boxes! The main-level unit features 3 bedrooms, an updated full bath with a relaxing jetted tub, and an inviting open floor plan that makes everyday living and entertaining effortless. The updated kitchen is the heart of the home, featuring a center island and plenty of workspace and storage. Step outside to enjoy the large front porch, complete with a swing, perfect for morning coffee or winding down at the end of the day. The back of the home offers a large, private deck, creating an ideal outdoor retreat. Upstairs, the spacious 2-bedroom unit offers its own beautifully updated kitchen with stainless steel appliances, a tile backsplash and a convenient walk-in pantry. The updated ¾ bath features a stylish tiled shower and tile flooring. Each unit has its own private laundry, adding tremendous convenience for both residents and rental appeal. The upstairs unit also provides access to an unfinished attic space that has already been plumbed for a future second bathroom, offering an exciting opportunity to add additional finished living space and increase the property’s future value and income potential. And then there’s the location! Situated in a desirable Buffalo setting, this property is conveniently located near downtown Buffalo, local shops, restaurants, parks, schools, Buffalo Lake and area amenities, making it an attractive location for both homeowners and tenants. With its combination of updated interiors, separate living spaces, private outdoor areas, individual laundry and future expansion potential, this is the kind of property that makes sense today while offering room to grow tomorrow. Live in one unit, rent the other, or maximize the income potential with two tenants. Beautifully maintained, thoughtfully updated and ideally located—this is an investment opportunity you won’t want to miss!

$2,594/mo

Est. mortgage payment based on a $389,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7119689

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$4,764
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 10:12 AM UTC on 10/9/2026. 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.

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