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Listed price in listed location currency (USD).
$875,000

000

MLS® 7039259

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $11,680
Days Active 14
Lot Size 
Approx. Age 1958
MLS® Number 7039259

Property Address: 8311 Excelsior Blvd, HOPKINS, MN, 55343-3424

Average square foot calculated using Size range provided by listing agent.

Description

Don’t miss this turnkey, fully leased seven-unit apartment building on Excelsior Blvd in Hopkins — one of the most accessible and tenant-friendly corridors in the western suburbs. All seven units are one-bedrooms, which means consistent tenant profiles, straightforward management/maintenance, and no complex infrastructure to worry about. New boiler and newer driveway mean the major capital items are already done. This is a running operation, not a renovation project. The price per unit is in line with what buyers are currently paying for 2-4 unit buildings in Hopkins. Seven doors for the cost of four is a rare find in this market, and it makes this an ideal move for an investor rolling out of a duplex or single family investment property looking to scale without taking on a complex asset. Easy to self-manage, low maintenance unit mix, and a location that provides historically low to no vacancy. Excelsior Blvd puts tenants within walking distance of restaurants, grocery, retail, and Park Nicollet Methodist Hospital just over a mile away. 494 corridor is also minutes away, which covers both commuters and anyone who prefers to get around without a car. Tenants have what they need close by, and that shows up in retention.
MLS® Number7039259
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
BasementDaylight/Lookout Windows
DrivewayGravel, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
8311 Excelsior Blvd, Hopkins, MN

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