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For Sale:  Hopkins MLS# 6741331

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Active NEW!
$550,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1950
3,080 sqft • 0.15 acres
Hopkins schools
MLS# 6741331
763-576-8286
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    Property Description

    Welcome to 1440 Lake Street NE – a beautifully renovated, turnkey side-by-side duplex offering the best of both worlds: live in one side and let the other help pay your mortgage, or add a high-performing asset to your rental portfolio! Each unit features 4 spacious bedrooms, 1 full bath, and a private detached garage. The duplex has been fully remodeled and is ready for immediate occupancy. One unit is vacant and move-in ready – perfect for an owner-occupant! The other unit is leased through 4/30/26 to a solid tenant, generating immediate income. Located in a convenient and desirable Hopkins neighborhood, just minutes from parks, trails, shops, and major highways. Whether you're looking to house hack, generate passive income, or own a fully-updated property in a high-demand area, this is a rare find you don’t want to miss!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $179
    Property Type: Multi-family
    City: Hopkins
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1950
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55343
    Subdivision Name: Auditors Sub 363

    Interior

    Finished Area: 3,080 ft2
    Living Area: 3,080 ft2
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,640 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Exterior Material:
    • Block
    • Vinyl Siding

    Lot & Land

    Acres: 0.15
    Geolocation: 44.932552, -93.381035
    Lot Dimensions: 55 x 128

    Schools

    School District: 270
    District Phone: 952-988-4000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,045
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,667

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.