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$459,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 2 Units
  • 6 Total Beds
  • 2 Car Garage
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A rare and extra special investment opportunity in the heart of Hopkins within close proximity to Knollwood Mall, shops, parks, Cedar Lake Regional Trail, schools, highway access and more! This side by side style Duplex is nestled perfectly at the end of the cul de sac on a slightly wider and deeper lot so it boasts a nice sized 2.5 stall garage, extra greenspace and coveted extra off-street parking that is especially appreciated in the winter months. This is a wonderful opportunity to either owner occupy and rent out the other unit - or continue renting to the current tenants for ease. The current leases are month to month, so there is some flexibility with this opportunity. There have been a few other recent duplex sales on the block - please reference that sales data. Recent property improvements include: new garage door, new side steps (Unit 501), new screen door (Unit 501); deck boards replaced (unit 503), some exterior siding boards replaced, fresh mulch, newer concrete work, all new fresh paint on the entire duplex building and the detached garage. The lower level family room in Unit 503 has a nice sized egress window that would be a safe option to sleep a guest or use as a walkthrough bedroom option as it adjoins the unfinished laundry/storage room. This property is being sold with a Trustee's Deed. **Estate Sale of property by family members so maintenance average costs are not listed. Some maintenance over the years was done by the family.

Full Property Details for 501 Shadyside Cir

General

  • Price: $459,000
  • Taxes: $8,797 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6771486
  • Updated: 12/27/2025
  • Added to Site: 158 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: In Basement, Electric Dryer Hookup, Lower Level, Laundry Room, In Unit, Washer Hookup, In Basement, Electric Dryer Hookup, Lower Level, Laundry Room, In Unit, Washer Hookup

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Assigned, Detached Garage, Concrete, Driveway - Other Surface, Shared Garage/Stall

Location

  • County: Hennepin
  • Township: Hopkins
  • Subdivision: Meaths Add
  • Driving Directions: MN Hwy 100 S and Exit onto MN-7 W, Merge onto MN-7 W. Use the 2nd from the left lane to turn left onto Blake Rd N, Turn right toward 2nd St NE, Continue onto 2nd St NE, Turn right onto Van Buren Ave N, Turn left onto Shadyside Cir

School Information

  • School District: 1218 - Hopkins
  • High School District: Hopkins

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Partially Finished
  • Foundation Size: 1200
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,760
  • Above Ground: 2,400 Sq. Ft.
  • Below Ground: 1,200 Sq. Ft.
  • Year Built: 1968

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: 120 x 48 x 140 x 65 x 20
  • Frontage: City Street, Cul-de-Sac, Curbs, No Outlet/Dead End, Paved Streets
  • Lot Description: Public Transit (w/in 6 blks), Underground Utilities

Financial Considerations

  • Tax Amount: $8,797
  • Tax Year: 2025
  • Terms: Conventional Rehab, Conventional, Cash
  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Insurance, Grounds Care, Repairs, Management, Roof Maintenance, Taxes
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Heat, Telephone, Sewer, Trash Collection, Water
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Tenant Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 004 BLOCK 001 MEATHS ADDN
  • Property ID: 1911721240009
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 501 Shadyside Cir —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 501 Shadyside Cir

School District:Hopkins Public School District
NameGradesDistance
Alice Smith Elementary School
801 Minnetonka Mills Road, Hopkins, MN 55343
K-60.8 mi
Hopkins North Junior High School
10700 Cedar Lake Rd, Minnetonka, MN 55305
7-91.9 mi
Hopkins Senior High School
2400 Lindbergh Dr, Minnetonka, MN 55305
10-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 Shadyside Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/18/2025
Price Reduced
$459,000
-3.35%
MLS
9/12/2025
Price Reduced
$474,900
-2.06%
MLS
8/12/2025
Listed
$484,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 501 Shadyside Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,061
3%
$484,000
8%
2023
$8,765
17%
$447,400
6%
2023
$7,523
—
$422,000
10%
2023
$7,523
12%
$383,000
15%
2020
$6,710
20%
$332,000
21%
2019
$5,585
2%
$275,000
2%
2018
$5,480
10%
$270,000
8%
2017
$4,970
-4%
$249,000
—
2016
$5,157
13%
$249,000
13%
2015
$4,562
14%
$221,000
21%
2014
$3,998
—
$183,000
-4%
2013
$3,987
—
$190,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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501 Shadyside Circle, Hopkins, MN 55343 (MLS# 6771486) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 501 Shadyside Circle is currently listed for $459,000 and was received on August 12, 2025. This property is listed by Darlene Arndt from our Minnetonka Office.Want to learn more about 501 Shadyside Circle? Do you have questions about finding other Multi-Family real estate for sale in Hopkins? You can browse all Hopkins real estate or contact a Coldwell Banker agent to request more information.

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