$495,000

505 Shadyside Cir Hopkins, MN 55343

Estimated payment $3,295/month

Total Views 24,219
6 Beds
4 Baths
2,753 Sq Ft
$180 Price per Sq Ft

Highlights

  • Cul-De-Sac
  • Forced Air Heating System
  • 4-minute walk to Oakes Park
  • Hopkins Senior High School Rated A-

About This Home

Exceptional Investment Opportunity in Hopkins, Minneapolis! 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 1,300 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition.
Why This Property is Perfect for You:
• Live & Earn: 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.
• Expand Your Portfolio: Take advantage of the rare opportunity to purchase up to 7 similar units in this sought-after cul-de-sac location.
• Prime Location: Nestled in the desirable Hopkins area, these properties are close to top schools, parks, and everyday conveniences, ensuring steady tenant demand.
• Proven Success: With an impressive 14-year rental occupancy record, this property is a secure and stress-free investment you can count on.

Contact us now—your next great investment awaits!

Listing Agent

Brian Leneweaver

First Select Listed on: 06/16/2025

First Select

Co-Listing Agent

Molly Burns

First Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,176

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 75x100
  • Cul-De-Sac

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Meaths Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1911721240008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,176

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 2212
  • Water Sewer Expenses: 382
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full
  • Living Area: 2753
  • Below Grade Finished Sq Ft: 541
  • Basement YN: Yes
  • Appliances: Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 10
  • Appliances: Dryer,Range
  • Total Rooms: 10
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 400
  • Other Parking Spaces: 2
  • Other Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Hopkins
  • SchoolDistrictNumber: 270
  • SchoolDistrictPhone: 952-988-4000

Lot Info

  • Lot Size: 75x100
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board
  • Units Total: 2

Rental Info

  • Expenses: 6683.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1911721240008
  • Tax Annual Amount: 8176
  • TaxWithAssessments: 8176.0000

Multi Family

  • ElectricExpense: 110
  • FuelExpense: 100
  • Resident Manager Expense: 1032
  • Number Of Refrigerators: Two

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 Change Sq Ft Price
09/09/2025 09/09/25 For Sale $495,000 0.0% $180 / Sq Ft
08/27/2025 08/27/25 Off Market $495,000 -- --
08/10/2025 08/10/25 Price Changed $495,000 -5.7% $180 / Sq Ft
06/16/2025 06/16/25 For Sale $525,000 -- $191 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6739628

NorthstarMLS

APN: 19-117-21-24-0008