Hopkins, MN 55343 514 Shadyside Circle

Pending
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Presented By: RE/MAX Advantage Plus
  • MLS# 7006688
  • 01/15/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Full/Half Baths • 2 / 2
  • SQFT • 2,984
  • Garage • 2

Home Details

Exceptional Investment Opportunity in Hopkins, MN! 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 1,200 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition. 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. These properties are close to schools, parks, and everyday conveniences, ensuring steady tenant demand. With an impressive 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: RE/MAX Advantage Plus

Interior Features for 514 Shadyside Circle

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

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

General for 514 Shadyside Circle

AccessibilityNone
Additional Parcels Y/NNo
CityHopkins
Construction MaterialsConcrete, Frame
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 Expense100
Fuel Expense15
Garage Spaces2
Gross Income33425
HeatingForced Air
High School DistrictHopkins
Insurance Expense1500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2984
Lot Size UnitsAcres
MaintenanceExpense1892.9
Net Operating Income28967.6
New ConstructionNo
Number Of Units Total2
Operating Expense4457.4
OwnerPaysCable TV, Electricity, Gas, Snow Removal, Trash Collection, Water
PostalCityHopkins
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameLenher Terrace
Tax Annual Amount8976
Tax Year2025
Trash Expense0
Water Sewer Expense500
Year Built1969
Zoning DescriptionResidential-Multi-Family

Exterior for 514 Shadyside Circle

Building Area Total3527
Foundation Area1200
Lot Dimensions75x100
Lot FeaturesTree Coverage - Light
Lot Size Area0.17
Parking FeaturesDetached Garage, Asphalt
Road Frontage TypeCul De Sac
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $475,000
MLS#7006688
List Date 01/15/2026
Property Type Pending
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