11 days on rocket

201 11th Ave N, Hopkins, MN, 55343

$555,000

Home List Price

$6,591*

Closing Credit

0 Baths
2,123 SqFt
$261/SqFt
Multi

Location

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201 11th Ave N, Hopkins$555,000

Buyer Closing Credits

$6,591*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage1 space
Year Built1927
HeatingSteam, Ductless, Fireplace(s), Hot Water
BasementYes
MLS #6627817
StatusActive

About 201 11th Ave N

Located just a short walk from downtown Hopkins, this beautiful duplex offers both a prime location and great income potential. Whether you're an investor or looking for a property with a rental unit to offset your mortgage, this home has you covered. The two spacious units provide plenty of room and flexibility, while the potential for rental income makes it a smart investment. Inside, you'll find well-maintained living spaces with plenty of natural light. The lower level features an oversized sauna, offering a perfect space to unwind and relax after a busy day. Hopkins is known for its vibrant downtown, filled with unique shops, restaurants, and local events. With easy access to parks, trails, and public transit, this location offers the best of both convenience and community. Whether you're looking to live in one unit and rent out the other or simply add to your real estate portfolio, this duplex is a fantastic opportunity. Don’t miss out on this rare find in a highly desirable neighborhood!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 2,123 SqFt

Listing Office:

  • Office Name: Be Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Steam, Ductless, Fireplace(s), Hot Water

Other

Directions Information:

  • Directions: HWY 3 to 11th B. to Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $555,000
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $4,488
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hopkins, MN.

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Hopkins, MN

City

Med. Sold Price

$386K

Med. Price/SqFt

$205

Avg. Days On Market

29

# of Sold Homes

44

201 11th Ave N vs Hopkins

11 DAYS ON ROCKET

-18 Days

$555,000

+$169K More

$261/SqFt

+$55 More

KEY TAKEAWAY

This property is $169K more than the Median Sold Price and $55/SqFt more than other homes in Hopkins, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6627817

Listing Office:

  • Office Name: Be Realty

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,488$298,000
2019$4,143$250,520
2018$3,725$224,360
2017$3,794$228,720

History based on county public records data.

Payment Calculator

$2,837

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,730

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-593001
2
/10

  • Alice Smith Elementary

  • 801 Minnetonka Mills Rd

  • 0.32 miles

  • Public District Grades KG-6

school-card-donut-593002
2
/10

  • Eisenhower Elementary

  • 1001 Highway 7

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-593003
7
/10

  • Xinxing Academy

  • 1001 Highway 7

  • 0.42 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,483. The most common annual income of people living in Hopkins, MN is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Hopkins›55343›201 11th Ave N

This home is located at 201 11th Ave N in Hopkins, MN and zip code 55343 in the The Avenues neighborhood. This 2,123 square foot home was built in 1927. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $555,000.

In October 2024 more than 12 listings in Hopkins, MN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 25 were sold below. Between September 2024 and October 2024, Hopkins, MN real estate market has seen increase in the number of listings by 5.1%. The median list price of listings available in October 2024 was $386,000, while the average time on the real estate market was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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