# 8311 Excelsior Boulevard, Hopkins, MN 55343

> **TL;DR:** commercial, $875,000, built 1958. Est. $3,792/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $875,000 |
| Year Built | 1958 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,792 |
| **Total** | **$3,792** |

## Property Highlights

- Built in 1958
- 0.20 acre lot

## Description

### 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.

## Location

- **Address:** 8311 Excelsior Boulevard, Hopkins, MN 55343
- **County:** Hennepin
- **Coordinates:** 44.92553694, -93.38484181
- **Google Maps:** https://www.google.com/maps?q=44.92553694,-93.38484181

## Listing Agent

- **Name:** Philip Walter Cameron
- **Brokerage:** RE/MAX Results
- **Phone:** 6127510872
- **Email:** phil@teamsteadyrealestate.com

## Primary Photo

![8311 Excelsior Boulevard - Primary Photo](http://lh.rdcpix.com/e32a720d18acf3507f3ba70cba9c2f4dl-f1118257521r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/8311-excelsior-boulevard-hopkins-mn-55343-7039259)*

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**MLS#:** 7039259 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8311-excelsior-boulevard-hopkins-mn-55343-7039259)

---

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