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11 16th Avenue N, Hopkins, MN 55343

New Listing

$549,900

Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 2,765 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $549,900 List Date: 6/22/2026 Last Modified: 6/23/2026

Overview

Description

One side is vacant and could be owner occupied. Both sides are in great shape and ready to move right into. One side is currently rented. The building next to this could be for sale too if the buyer wants it. Each unit has it's own washer and dryer. Great location-walk to downtown Hopkins restaurants and theaters. Close to parks and freeways. Great investment or owner occupied

Listing Details MLS# 7096891

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1956
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1728
Above Ground SqFt: 1728
Below Grd Total SqFt: 1037
Total SqFt: 2765
Foundation Size: 1728
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2566.00
Garage Stalls: 2
Lot Dimensions: 127x62x127x62
Acres: 0.18
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Garden; Patio Basement: Concrete Block; Drain Tiled; Egress Windows; Partially Finished; Storage Space; Sump Pump Construction Materials: Block Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Cedar Fencing: Chain Link Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Gas Dryer Hookup; In Basement; Sink; Washer Hookup Lock Box Type: Combo Lot Description: Corner Lot Owner Pays: Exterior Maintenance; Insurance; Lawn; Maintenance/Repair; Repairs; Roof Maintenance; Taxes Road Frontage: City Street; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Unit 1 Amenities: Hardwood Floors; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: 1/2 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Informal Dining Room Unit 2 Amenities: Hardwood Floors; Washer/Dryer Hookup Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Informal Dining Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 549900
ListPrice: 549900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 11
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Hopkins
County: Hennepin
State: MN
Zip Code: 55343
Complex/Dev/Subdivision: Gibbs 1st Add To West

Assessments

Tax With Assessments: 10756
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1728
Finished SqFt Below Ground: 838

More Information

Income and Expenses

Annual Gross Expenses: 22756
Annual Gross Income: 52680
Annual Insurance Expense: 12000
Annual Maintenance Expense: 1200
Annual Net Income: 29924
Annual Repair Expense: 500
Total Annual Expenses: 22756
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 600

Public Survey Info

Range#: 22
Section#: 24
Township#: 117

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 26280
Finished SqFt: 817
Full Baths: Yes
Monthly Rent: 2190
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
1/2 Baths: Yes
Annual Rent: 27600
Finished SqFt: 817
Full Baths: Yes
Monthly Rent: 2300
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 4

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 008 GIBBS 1ST ADDN TO WEST MPLS LOT 16 AND THE S 28 5/10 FT OF LOT 17
Listing City: Hopkins
Map Page: 119
Municipality: Hopkins
School District: Hopkins
School District Phone: 952-988-4000
Zip Plus 4: 7220
Property ID Number: 2411722320078
Tax Year: 2025
Tax Amount: 10756
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: One side is vacant and could be owner occupied. Both sides are in great shape and ready to move right into. One side is currently rented. The building next to this could be for sale too if the buyer wants it. Each unit has it's own washer and dryer. Great location-walk to downtown Hopkins restaurants and theaters. Close to parks and freeways. Great investment or owner occupied
Directions: From Mainstreet in Hopkins, head North on 16th Ave N

Accessible

None: Yes

Amenities Shared

Common Garden: Yes
Patio: Yes

Basement

Concrete Block: Yes
Drain Tiled: Yes
Egress Windows: Yes
Partially Finished: Yes
Storage Space: Yes
Sump Pump: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Cedar: Yes

Fencing

Chain Link: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
In Basement: Yes
Sink: Yes
Washer Hookup: Yes

Lock Box Type

Combo: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Repairs: Yes
Roof Maintenance: Yes
Taxes: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

All Utilities: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

1/2 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Informal Dining Room: Yes

Listing Office: RE/MAX Results

Last Updated: June - 23 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.