57 6th Avenue South

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Address: 57 6th Ave S, Hopkins, MN 55343, USA
Chicago & Midwest + Apartment Buildings
Created date: July 9, 2026
Date last updated: July 15, 2026
Price: $1,350,000Investment Analyzer NEW!
  • 12-unit apartment community in the highly desirable Hopkins submarket
  • Prime location just blocks from Downtown Hopkins Mainstreet
  • Strong rental demand supported by a high-barrier-to-entry market
  • Walkable to restaurants, breweries, shopping, parks, and entertainment
  • Convenient access to Highway 7, Highway 169, Interstate 394, and Downtown Minneapolis
  • Value-add opportunity through minor cosmetic unit renovations and continued rental growth
  • Projected Year-1 NOI of $92,383, representing a 6.84% cap rate
  • Individually controlled HVAC systems for each unit, reducing maintenance responsibilities and improving tenant convenience
  • Desirable unit mix featuring six 1-bedroom/1-bath units and six 2-bedroom/1-bath units
  • Twelve on-site parking spaces, complemented by ample city-owned parking directly in front of the property

Property Description

The Loon is a 12-unit apartment community ideally located in the heart of Hopkins, one of the Twin Cities' most desirable first-ring suburbs. Positioned just steps from the vibrant Downtown Hopkins Mainstreet district, the property offers residents convenient access to an array of restaurants, breweries, coffee shops, retail, parks, and entertainment. Its central location also provides quick access to Highway 7, Highway 169, Interstate 394, and several of the region's largest employment hubs. The property presents investors with the opportunity to acquire a well-located multifamily asset in a market supported by strong renter demand, excellent neighborhood amenities, and long-term growth fundamentals. Whether an investor is seeking stable cash flow, future rent growth, or a long-term hold in a proven submarket, The Loon offers an attractive combination of location, accessibility, and investment potential.
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Broker Details

Robert Dulin
Robert Dulin

Kiser Group 612-270-4730

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,350,000
No. of Units: 12
Year Built: 1961
Opportunity Zone: No
Price per unit: $112,500
Property Website Click Here
Address: 57 6th Avenue South, Hopkins, MN 55343, USA
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