Hopkins, MN 55343

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Presented By: First Select
  • MLS# 6672182
  • 06/16/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Full/Half Baths • 2 / 2
  • SQFT • 2,984
  • Garage • 2

Home Details

Exceptional Investment Opportunity in Hopkins, Minneapolis! Make Your Move Today! Imagine owning this charming side-by-side duplex in the heart of Hopkins—a dream property that offers both the comforts of home and the promise of long-term financial growth. Each spacious unit spans over 1,300 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition. Why This Property is Perfect for You: • Live & Earn: Enjoy the flexibility of living in one unit while renting out the other, or maximize rental income by leasing both units to tenants at market rates. • Expand Your Portfolio: Take advantage of the rare opportunity to purchase up to 7 similar units in this sought-after cul-de-sac location. • Prime Location: Nestled in the desirable Hopkins area, these properties are close to top schools, parks, and everyday conveniences, ensuring steady tenant demand. • Proven Success: With an impressive 14-year rental occupancy record, this property is a secure and stress-free investment you can count on. Contact us now—your next great investment awaits!
Presented By: First Select

Interior Features for

Other Interior Features

Above Grade Finished Area2451
BasementBlock, Full
Basement (Y/N)Yes
Below Grade Finished Area533
FuelNatural Gas
Garage Square Feet400

General for

AccessibilityNone
Additional Parcels Y/NNo
CityHopkins
Construction MaterialsFiber Board
ContingencyNone
CountyHennepin
DirectionsMN-100 S. Exit onto MN-7 W, Merge onto MN-7 W. Use the 2nd from the left lane to turn left onto Blake Rd N, Turn right toward 2nd St NE, Continue onto 2nd St NE, Turn right onto Van Buren Ave N, Turn left
Electric100 Amp Service
Electric Expense110
Fuel Expense100
Garage Spaces2
Gross Income20123
HeatingForced Air
High School DistrictHopkins
Insurance Expense1500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2984
Lot Size UnitsAcres
MaintenanceExpense1648
New ConstructionNo
Number Of Units Total2
Operating Expense6683
PostalCityHopkins
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameLenher Terrace
Tax Annual Amount8168
Tax Year2024
Trash Expense779
Virtual TourClick here
Water Sewer Expense382
Year Built1969
Zoning DescriptionResidential-Multi-Family

Exterior for

Building Area Total3527
Foundation Area1200
Lot Dimensions75x100
Lot FeaturesSome Trees
Lot Size Area0.17
Parking FeaturesDetached, Asphalt
Road Frontage TypeCul De Sac
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $495,000
MLS#6672182
List Date 06/16/2025
Property Type Multi-Family
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