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$550,000

1440 Lake St NE Hopkins, MN 55343

3,080 sqft
$179 / sqft
Multi-Family

Property details

About 1440 Lake St NE

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!

Highlights

Home typeDuplex
HeatingForced Air
StatusSale Pending
(Pending)
Size3,080 sqft
BasementYes
Year built1950
ParkingDetached, Asphalt
MLS #6741331
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt
  • Heating: Forced Air
  • List Price: $550,000
  • Price/SqFt: $178
  • Annual Tax Amount: $7,384
  • Tax Year: 2023
  • Directions: From Hwy 7, South on Blake, East on Lake
  • Year Built: 1950
  • Living Area: 3,080 SqFt
  • MLS Number: 6741331
  • MLS Name: NORTHSTAR
  • Office Name: eXp Realty

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Last updated on: 8/1/2025, 12:52:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 18, 2019
Home Sold
$310,741
Apr 06, 2017
Home Sold
$245,250
Sep 17, 2004
Home Sold
$336,000
Aug 20, 2004
Home Sold
$175,000
Jan 23, 2004
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2023$379,900$7,384
2022$361,000$5,858
2021$346,000$5,975
2020$339,000$5,897
2019$322,000$7,234
2018$283,000$6,653
2017$265,000$5,379

History based on county public records data.

Nearby schools

6

Aquila Elementary School

Public District KG-5

1.1 mi

8500 W 31st St

2

Alice Smith Elementary

Public District KG-6

1.4 mi

801 Minnetonka Mills Rd

7

Xinxing Academy

Public District KG-6

1.5 mi

1001 Highway 7

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,604. The majority of Hopkins, MN residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

59%
<35k
39%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
7%
12-17 yrs old
38%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1440 Lake St NE

The listing price of 1440 Lake St NE property is $550,000.

The property 1440 Lake St NE is a multi located in Hopkins, Minnesota, 55343.

Sale Pending: 1440 Lake St NE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 1440 Lake St NE are: Aquila Elementary School (GreatSchools Rating 6/10), Alice Smith Elementary (GreatSchools Rating 2/10), Xinxing Academy (GreatSchools Rating 7/10), St. Louis Park Middle School (GreatSchools Rating 4/10), South View Middle School (GreatSchools Rating 7/10), Agamim Classical Academy (GreatSchools Rating 7/10), St. Louis Park High School (GreatSchools Rating 6/10), Ubah Medical Academy Charter School (GreatSchools Rating 5/10), Hopkins North Junior High (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $7,384 (source: MLS/based on county public records data).

The last sale was on November 18, 2019 for $310,741 (source: MLS/tax record).

The property 1440 Lake St NE is 3,080 SqFt (source: MLS/tax record).

The year of construction for 1440 Lake St NE is 1950.

This home is located at 1440 Lake St NE in Hopkins, MN and zip code 55343. This 3,080 square foot home was built in 1950. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $550,000.

While more than 24 listings in Hopkins, MN in June 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 20 were sold below. Between May and June 2025, Hopkins, MN real estate market has seen increase in the number of listings by 1.8%. In June 2025 median list price was $400,000 and the average listing age was 23 days.

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

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