See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

508 Shadyside Cir, Hopkins, MN, 55343

6beds
4baths
3,321sqft
$450,000
$136price/sqft
$3,539/moest. monthly cost
$141,560/yrincome needed

About This Home

Exceptional Investment Opportunity in Hopkins, MN! Make Your Move Today! Imagine owning this charming side-by-side duplex in the heart of Hopkins—a dream property that offers both the comforts of home and the promise of long-term financial growth. Each spacious unit spans over 1,200 sq ft, complete with 3 bedrooms, 2 bathrooms, and an unfinished basement, providing ample room for customization and value addition. Enjoy the flexibility of living in one unit while renting out the other or maximize rental income by leasing both units to tenants at market rates. These properties are close to schools, parks, and everyday conveniences, ensuring steady tenant demand. With an impressive rental occupancy record, this property is a secure and stress-free investment you can count on. Contact us now—your next great investment awaits!

Getting Around

38
WalkingCar-Dependent
38
TransitSome Transit
60
BikeBikeable

Schools

2/10
8/10
Hopkins Senior High SchoolGrades 10-122.1 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Age Over 8 Years

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Side by Side

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Block

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Finished area below ground: 334
  • Finished area above ground: 2,214

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,321
  • Total interior livable area: 3,321 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1911721240011
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1200

Features

  • Levels: Two
  • Patio & porch: Front Porch

Lot

  • Lot size: 7,840 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 77 x 146

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$276$3,312
Property Taxes $708$8,496
Electricity $280$3,361
Total$3,539$42,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,337/yr
40% on housing$106,170/yr
45% on housing$94,373/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 55343$185
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55343$226
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-04Price change$475,000
2026-01-15Listed for sale$495,000
2025-12-18Listing removed$495,000
2025-12-13Listed for sale$495,000
2025-12-12Pending sale$495,000
2025-09-09Listed for sale$495,000
2025-08-27Listing removed$495,000
2025-08-10Price change$495,000
2025-06-09Listed for sale$525,000
2018-06-16Listing removed$1,300
2018-05-15Listed for rent$1,300

For Sale by Agent

AgentBrian Leneweaver
BrokerageRE/MAX Advantage Plus

Similar Homes