$595,000

122 Hamel Rd Hamel, MN 55340

Estimated payment $3,929/month

2 Beds
4 Baths
4,000 Sq Ft
$149 Price per Sq Ft

Highlights

  • Corner Lot
  • Greenwood Elementary School Rated A+
  • 4-minute walk to Hamel Legion Park

About This Home

Excellent investment or redevelopment opportunity in the heart of Uptown Hamel. This two-story mixed-use building, built in 1936, is positioned on a 0.33-acre corner lot at Hamel Road and Sioux Drive, offering strong visibility and access within Medina’s Uptown Hamel District. The main level currently features two commercial retail units, both occupied by local businesses, while the upper level includes two apartment units providing additional rental income. The structure shows its age and would benefit from updates and repair, but offers solid bones and versatile zoning (UH – Uptown Hamel District) that supports a wide range of commercial and residential uses. With its classic small-town character, prominent corner location, and mixed-use potential, this property presents a value-add opportunity for an investor, owner-occupant, or developer looking to be part of Hamel’s ongoing revitalization.

Listing Agent

George Jacob

The Realty House Listed on: 10/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,710

Year Built

  • Built in 1936

Lot Details

  • Lot Dimensions are 100x138x119x135
  • Corner Lot
  • Few Trees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Boiler Heating System
  • 100 Amp Service

Community Details

  • 4 Units
  • Plat Of Hamel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1211823410066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,710

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 4000
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Other, Unfinished
  • Living Area: 4000
  • Owner Pays: Electricity, Gas, Insurance, Sewer, Taxes
  • Basement YN: Yes
  • Total Rooms: 1

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Flat, Tar/Gravel
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame,Stone

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service, Other
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Lot Size: 100x138x119x135
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1211823410066
  • Tax Annual Amount: 9710
  • TaxWithAssessments: 9710.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $595,000 -- $149 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6808973

NorthstarMLS

APN: 12-118-23-41-0066