Apartment Building

Hopkins, MN Apartment Buildings for Sale

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Turnkey Seven-Unit Apartment Building
Updated: Apr 2
Turnkey Seven-Unit Apartment Building

8311 Excelsior Blvd, Hopkins, MN 55343

$875,000
Seven‑unit apartment building on Excelsior Blvd in Hopkins, fully leased
All 7 units are 1‑bedroom, creating a consistent unit mix
Updated key infrastructure including a new boiler
Newer driveway
Located on the 494 corridor with commuting access nearby
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12-Unit Apartment Building
Updated: Jul 11
12-Unit Apartment Building

57 6th Avenue South, Hopkins, MN 55343

$1,350,000
12‑unit apartment community built in 1961 in Hopkins submarket
Unit mix: six 1‑bedroom/1‑bath and six 2‑bedroom/1‑bath units
Individually controlled HVAC systems for each unit
13 on‑site parking spaces, with additional city‑owned parking in front
Projected Year‑1 NOI of $92,383 and 6.84% cap rate
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hopkins, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Richfield Multifamily Investment Opportunity
Richfield Multifamily Investment Opportunity

7427 Penn Ave S, Minneapolis, MN 55423

$2,400,000
10,649 sqft

21-unit apartment building in desirable Richfield submarket.

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5-Unit Apartment Building
5-Unit Apartment Building

2715 Hennepin Ave, Minneapolis, MN 55408

$800,000

Five-unit apartment building on Hennepin Avenue in Uptown Minneapolis with ongoing in-place income.

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Six-Unit Multifamily Investment
Six-Unit Multifamily Investment

3408 Stevens Avenue, Minneapolis, MN 55408

$750,000

Six residential units offer off-street parking and recent building mechanical upgrades, with tenants on month-to-month leases.

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Three-Building Brownstone Multifamily Portfolio
Three-Building Brownstone Multifamily Portfolio

2870, 2876, 2882 Humboldt Avenue South, Minneapolis, MN 55408

Contact for pricing

For sale portfolio includes three brownstone buildings totaling 60 residential units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Hopkins, MN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Hopkins, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,225,000.

Sale prices for two-family homes in Hopkins, MN start at $875,000, averaging $1,112,500, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 69K
Population Growth (5Y) +1.5%
Median Household Income $108,582
College Educated 81.2%

Taxes & Financing

Tax Rate (average for all types) 3.01%
Property Tax per SF $25.99 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Hopkins fall within the 25,000 to 50,000 square foot range.

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