Hopkins, MN 55343 501 Shadyside Circle

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Presented By: Coldwell Banker Realty
  • MLS# 6771486
  • 08/12/2025
  • Request Tour
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  • Beds • 6
  • Full/Half Baths • 2 / 2
  • SQFT • 2,760
  • Garage • 2

Home Details

A rare and extra special investment opportunity in the heart of Hopkins within close proximity to Knollwood Mall, shops, parks, Cedar Lake Regional Trail, schools, highway access and more! This side by side style Duplex is nestled perfectly at the end of the cul de sac on a slightly wider and deeper lot so it boasts a nice sized 2.5 stall garage, extra greenspace and coveted extra off-street parking that is especially appreciated in the winter months. This is a wonderful opportunity to either owner occupy and rent out the other unit – or continue renting to the current tenants for ease. The current leases are month to month, so there is some flexibility with this opportunity; as well as, to consider possibly a multi-sale purchase with the other duplexes on Shadyside Circle that are currently offered for sale. Recent property improvements include: new garage door, new side steps (Unit 501), new screen door (Unit 501); deck boards replaced (unit 503), some exterior siding boards replaced, fresh mulch, newer concrete work, all new fresh paint on the entire duplex building and the detached garage. The lower level family room in Unit 503 has a nice sized egress window that would be a safe option to sleep a guest or use as a walkthrough bedroom option as it adjoins the unfinished laundry/storage room. This property is being sold with a Trustee’s Deed. **Estate Sale of property by family members so maintenance average costs are not listed. Some maintenance over the years was done by the family.
Presented By: Coldwell Banker Realty

Interior Features for 501 Shadyside Circle

Other Interior Features

Above Grade Finished Area2400
BasementBlock, Partially Finished
Basement (Y/N)Yes
Below Grade Finished Area360
FuelNatural Gas
Garage Square Feet528

General for 501 Shadyside Circle

AccessibilityNone
Additional Parcels Y/NNo
CityHopkins
Construction MaterialsEngineered Wood, Fiber Board, Wood Siding
ContingencyNone
CountyHennepin
DirectionsMN Hwy 100 S and 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, Tu
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income38400
HeatingForced Air
High School DistrictHopkins
Insurance Expense3627
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2760
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
OwnerPaysInsurance, Grounds Care, Repairs, Taxes
PostalCityHopkins
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMeaths Add
Tax Annual Amount8797
Tax Year2025
Tenant PaysAll Utilities, Cable TV, Electricity, Gas, Sewer, Trash Collection
Trash Expense0
Water Sewer Expense0
Year Built1968

Exterior for 501 Shadyside Circle

Building Area Total3600
FencingNone
Foundation Area1200
Lot Dimensions120X48X140X65X20
Lot FeaturesPublic Transit (w/in 6 blks), Underground Utilities
Lot Size Area0.24
Parking FeaturesAssigned, Detached, Concrete, Driveway - Other Surface, Shared Garage/Stall
Road Frontage TypeCity Street, Cul De Sac, Curbs, No Outlet/Dead End, Paved Streets
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $459,000
MLS#6771486
List Date 08/12/2025
Property Type Multi-Family
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