$459,000
Hopkins, MN 55343
MLS# 6771486
6 beds | 4 baths | 3600 sqft
1 / 41
Property Description
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. There have been a few other recent duplex sales on the block - please reference that sales data. 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.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: $459,000
Original List Price: 484900
ListPrice: 459000
List Date: 2025-08-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1968
Yearly/Seasonal: Yearly
Bedrooms: 6
Baths Total: 4
Main Floor Total SqFt: 1200
Above Ground SqFt: 2400
Below Grd Total SqFt: 1200
Total SqFt: 3600
Foundation Size: 1200
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2760.00
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 120X48X140X65X20
Acres: 0.24
Location Tax and Other Information
House Number: 501
Street Name: Shadyside
Street Suffix: Circle
Postal City: Hopkins
County: Hennepin
State: MN
Zip Code: 55343
Complex/Dev/Subdivision: Meaths Add
Assessments
Tax With Assessments: 9061
Building Information
Finished SqFt Above Ground: 2400
Finished SqFt Below Ground: 360
Income and Expenses
Annual Gross Income: 38400
Annual Insurance Expense: 3627
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 528
Public Survey Info
Range#: 21
Section#: 19
Township#: 117
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
1/2 Baths: 1
Annual Rent: 19200
Finished SqFt: 1380
Full Baths: 1
Monthly Rent: 1600
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 10
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
1/2 Baths: 1
Annual Rent: 19200
Finished SqFt: 1380
Full Baths: 1
Monthly Rent: 1600
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 10
Unit Details
Total Units: 2
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Concrete Block; Partially Finished
Construction Materials: Block; Frame
Construction Status: Previously Owned
Existing Financing: Conventional
Exterior: Engineered Wood; Fiber Board; Wood
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Electric Dryer Hookup; In Basement; In Unit; Laundry Room; Lower Level; Washer Hookup
Lock Box Type: None
Lot Description: Public Transit (w/in 6 blks); Underground Utilities
Owner Pays: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Taxes
Parking Characteristics: Shared Garage/Stall; Assigned
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street; Cul De Sac; Curbs; No Outlet/Dead End; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional; Conventional Rehab
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Heat; Sewer; Telephone; Trash Collection; Water
Unit 1 Amenities: Deck; Kitchen Window; Natural Woodwork
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Eat In Kitchen; Informal Dining Room
Unit 1 Family Room Characteristics: Family Room; Lower Level; Main Level
Unit 1 Special Search: 3 BR on One Level
Unit 2 Amenities: Kitchen Window
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Eat In Kitchen; Informal Dining Room
Unit 2 Family Room Characteristics: Family Room; Lower Level; Main Level
Unit 2 Special Search: 3 BR on One Level
Water: City Water/Connected
Listing Office: Coldwell Banker Realty
Last Updated: December - 26 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.