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$609,000

6 Beds 4 Baths 3,127 SQFT 0.17 Acres
Type: Multi-Family

717 6th Avenue S
Hopkins, MN 55343

MLS#: 7112458
Laura Marquart
Laura Marquart
The Real Estate Advantage
Real Estate Agent
Phone: 323.559.6570
Office: 763.755.1100
Presented by: RE/MAX Results

Property Description

 

Discover an outstanding investment opportunity in the highly sought-after City of Hopkins with this exceptional side-by-side duplex offering the perfect blend of strong rental income and owner-occupant flexibility. Each spacious unit features 3 bedrooms, 2 bathrooms, an oversized attached garage, two bedrooms on the main level, one lower-level bedroom, a large and functional floor plan, and separate utilities so each tenant pays their own expenses. One side is available for an owner-occupant or a new tenant, while the other is leased through **April 30, 2027** at **$2,430 per month**, and the second unit is currently rented **month-to-month at $2,300 per month**, creating immediate cash flow with future flexibility. This turnkey property has been extensively updated with a new roof (2022), new garage doors on both units, new furnaces (2022 and 2024), new water heaters (2025), updated appliances, new front entry concrete, and numerous additional improvements, making it truly move-in ready. Situated in a wonderful neighborhood just minutes from vibrant Downtown Hopkins, you'll enjoy easy access to award-winning restaurants, coffee shops, breweries, shopping, entertainment, and the beloved Hopkins Raspberry Festival, along with nearby Valley Park, the scenic Nine Mile Creek Regional Trail, and Hopkins' incredible network of regional trails connecting to Minneapolis, Lake Minnetonka, and beyond for endless biking, walking, and outdoor recreation. The property is also conveniently located near major highways and the future Metro Green Line Extension, adding even more long-term convenience and value. This is an outstanding opportunity to own a beautifully maintained duplex in one of the west metro's most desirable communities—an investment you won't want to miss.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area2,054 sqft
BasementDaylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump, Walkout
Basement (Y/N)Yes
Below Grade Finished Area1,073 sqft
FuelNatural Gas
Garage Square Feet783
Laundry FeaturesIn Basement, Laundry Closet, Lower Level, In Unit

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPatio
CityHopkins
ContingencyNone
CountyHennepin
Directions169 to Lincoln Dr/5th St., right on W 7th St., Right on 2nd Ave S., Left on 5th St., Left on 6th Ave.
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income56760
HeatingForced Air
High School DistrictHopkins
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area3,127 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income56760
New ConstructionNo
Number Of Units Total2
Operating Expense0
OwnerPaysInsurance, Repairs, Taxes
Pool FeaturesNone
PostalCityHopkins
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSouth Meadows
Tax Annual Amount$10,013
Tax Year2026
Tenant PaysAll Utilities, Cable TV, Electricity, Fuel, Gas, Hot Water, Lawn Care, Snow Removal, Trash Collection, Water
Trash Expense0
Water Sewer Expense0
Year Built1970
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,108 sqft
FencingPartial, Wood
Foundation Area1,944 sqft
Lot Dimensions60x125
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$609,000

6 Beds 4 Baths 3,127 SQFT 0.17 Acres
Type: Multi-Family

717 6th Avenue S
Hopkins, MN 55343

MLS#: 7112458
Laura Marquart
Laura Marquart
The Real Estate Advantage
Real Estate Agent
Phone: 323.559.6570
Office: 763.755.1100