Residential Income

Hopkins, MN Residential Income Properties for Sale

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Side-by-Side Duplex with Private Yards
Updated: Jul 27
Side-by-Side Duplex with Private Yards

305 Jackson Avenue N, Hopkins, MN 55343

$494,900
3,331 sqft 0.18 AC lot
Updated side‑by‑side duplex with two 3‑bedroom units and private entrances
Each unit includes a private yard and deck plus attached garage and driveway parking
Separate utilities for both units
0.18‑acre lot and 3,331 SF building size
Brick/stone and wood exterior with block construction
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305 Jackson Avenue N, Hopkins, MN 55343

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Updated Side-by-Side Duplex with Attached Garage
Updated: Jul 22
Updated Side-by-Side Duplex with Attached Garage

717 6th Avenue S, Hopkins, MN 55343

$609,000
3,127 sqft 0.17 AC lot
0.17‑acre lot with 3,127 square feet built in 1970
Shingle roof with new roof installed in 2022
Separate utilities for each unit plus forced air heating
New furnaces in 2022 and 2024
New water heaters in 2025 and updated appliances
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Side-by-Side Duplex
Side-by-Side Duplex

508 Shadyside Circle, Hopkins, MN 55343

$450,000
2,548 sqft 0.18 AC lot

Side-by-side duplex with brick/stone exterior, forced-air heat, and detached garage parking options for each residence.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

717 6th Ave S, Hopkins, MN 55343

$609,000
3,127 sqft

Each residence offers a spacious bedroom-and-bath layout with an oversized attached garage.

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Multifamily Property
Multifamily Property

305 Jackson Avenue N, Hopkins, MN 55343

$494,900
3,331 sqft

Residential-Multi-Family zoning and finished interior space support a residential income-property configuration.

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Side-by-Side Duplex with Basements
Side-by-Side Duplex with Basements

508 Shadyside Cir, Hopkins, MN 55343

$450,000
2,548 sqft

Two residential units feature three-bedroom layouts, two bathrooms, and unfinished basement space for additional flexibility.

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12-Unit Apartment Building
12-Unit Apartment Building

57 6th Avenue South, Hopkins, MN 55343

$1,350,000

Twelve apartment units with individually controlled HVAC and 13 on-site parking spaces, blocks from Downtown Hopkins Mainstreet.

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Turnkey Seven-Unit Apartment Building
Turnkey Seven-Unit Apartment Building

8311 Excelsior Blvd, Hopkins, MN 55343

$875,000

Turnkey, fully leased seven-unit apartment building with all one-bedroom units and updated key infrastructure.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 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.

Side-By-Side Duplex with Exterior Upgrades
Side-By-Side Duplex with Exterior Upgrades

309 Washington Avenue S, Edina, MN 55343

$525,000
2,125 sqft 0.23 AC lot

One-level side-by-side duplex with private rear patios, separate basements, and in-unit laundry.

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Renovated Duplex with Attached Two-Car Garages
Renovated Duplex with Attached Two-Car Garages

3724 Joppa Avenue S, Saint Louis Park, MN 55416

$899,900
2,500 sqft 0.18 AC lot

Completely renovated duplex with four bedrooms per side, two full baths, and attached two-car garages plus private decks.

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Duplex With Detached Garage
Duplex With Detached Garage

2249 Louisiana Avenue S, Saint Louis Park, MN 55426

$419,900
1,984 sqft 0.25 AC lot

Two units provide main-level living with unfinished lower levels and distinct renovation conditions.

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Waterfront Land with Carriage House
Waterfront Land with Carriage House

4023 Wood End Drive, Edina, MN 55424

$1,000,000
0.72 AC lot

Oversized waterfront lot on Minnehaha Creek with a century-old home, separate heated carriage house, and three-car garage.

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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.

Residential Lot in Glen Lake
Residential Lot in Glen Lake

14705 Glendale Road, Minnetonka, MN 55345

$289,900
0.50 AC lot

Vacant lot in Minnetonka's desirable Glen Lake area.

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Residential Land in Eden Prairie
Residential Land in Eden Prairie

13800 Forest Hill Road, Eden Prairie, MN 55346

$325,000
0.43 AC lot

Residential land with hilltop views, close to trails.

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Ready-to-Build Minneapolis Multi-Family Lot
Ready-to-Build Minneapolis Multi-Family Lot

3111 Harriet Avenue, Minneapolis, MN 55408

$219,900
0.13 AC lot

Approved multi-family residential lot in Minneapolis, ready for development.

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Vacant R2 Buildable Lot
Vacant R2 Buildable Lot

3712 1st Avenue S, Minneapolis, MN 55409

$105,000
0.11 AC lot

Level, fully vacant R2 lot with utility hookups at the curb, ready for a single-family home build.

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Hopkins, MN Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Hopkins, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 18,012 square feet of properties for sale, with an estimated market value of $5,332,800.

Sale prices for residential income properties in Hopkins, MN start at $450,000, averaging $666,600, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 9
Duplexes 5
Apartment buildings 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Hopkins submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55343 $755.8K

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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