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For Sale:  Hopkins MLS# 7111563

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Active NEW!
$450,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1967
1,800 sqft • 0.19 acres
Hopkins schools
MLS# 7111563
763-576-8286
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    Property Description

    Nestled on a quiet block between two parks, this well-maintained duplex offers an exceptional opportunity for both investors and owner-occupants. The 730 unit has been extensively remodeled over the past two years with a beautifully updated kitchen and bathroom, new flooring throughout, and modern finishes that make it truly move-in ready. The 728 unit has also been refreshed with new kitchen appliances, refinished hardwood floors, and new carpet. A new tenant is scheduled to move into this unit on July 28, providing immediate rental income. Both units feature spacious lower levels with excellent potential to finish a family room and add an additional bedroom, creating instant equity while significantly increasing future rental income. The detached garage provides one stall for each unit with separate driveways, and ample street parking is available for guests. Outdoor enthusiasts will appreciate being just one block from the Nine Mile Creek Regional Trail, offering miles of scenic recreation. Conveniently located near Downtown Hopkins, shopping, restaurants, and major freeways, this property combines an outstanding location with strong upside potential. Be sure to review the supplements for a complete list of recent updates and improvements.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $450,000
    Price per sq ft: $250
    Property Type: Multi-family
    City: Hopkins
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1967
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55343
    Subdivision Name: Park Valley Manor

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,800 ft2
    Living Area: 1,800 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 1,800 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Road Frontage: City Street
    Pool: None
    Roof Details: Age Over 8 Years

    Rooms

    Laundry:
    • In Basement
    • In Unit

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.19
    Geolocation: 44.91212, -93.408114
    Lot Dimensions: 62 x 137
    Zoning: Residential-Multi-Family

    Schools

    School District: 270
    District Phone: 9529884000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,184
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,184

    Income

    Annual Gross Income: $46,140
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty - Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.