Gatewood Elementary
- Enrollment
- 351
- Students per teacher
- 10.3
14900 Gatewood Dr, Minnetonka, MN 55345
(952) 988-5250





Discover an outstanding investment opportunity in the highly sought-after City of Hopkins with this exceptional side-by-side duplex offering the perfect blend of strong rental income and owner-occupant flexibility. Each spacious unit features 3 bedrooms, 2 bathrooms, an oversized attached garage, two bedrooms on the main level, one lower-level bedroom, a large and functional floor plan, and separate utilities so each tenant pays their own expenses. One side is available for an owner-occupant or a new tenant, while the other is leased through **April 30, 2027** at **$2,430 per month**, and the second unit is currently rented **month-to-month at $2,300 per month**, creating immediate cash flow with future flexibility. This turnkey property has been extensively updated with a new roof (2022), new garage doors on both units, new furnaces (2022 and 2024), new water heaters (2025), updated appliances, new front entry concrete, and numerous additional improvements, making it truly move-in ready. Situated in a wonderful neighborhood just minutes from vibrant Downtown Hopkins, you'll enjoy easy access to award-winning restaurants, coffee shops, breweries, shopping, entertainment, and the beloved Hopkins Raspberry Festival, along with nearby Valley Park, the scenic Nine Mile Creek Regional Trail, and Hopkins' incredible network of regional trails connecting to Minneapolis, Lake Minnetonka, and beyond for endless biking, walking, and outdoor recreation. The property is also conveniently located near major highways and the future Metro Green Line Extension, adding even more long-term convenience and value. This is an outstanding opportunity to own a beautifully maintained duplex in one of the west metro's most desirable communities—an investment you won't want to miss.
In this neighborhood, homes were most commonly built in 1970-1979, about 37% of occupied homes are owner-occupied, and the average commute is 17 minutes.
$243,600
Lower than the Hopkins median
The midpoint of estimated values for owner-occupied homes.
$2,766/yr
Lower than the Hopkins median
The midpoint of annual property taxes paid by homeowners.
$1,742/mo
Lower than the Hopkins median
Median monthly housing costs for owners with a mortgage.
$771/mo
Lower than the Hopkins median
Median monthly housing costs for owners without a mortgage.
$1,586/mo
Higher than the Hopkins median
The midpoint of monthly gross rent, including utilities.
37%
Similar than Hopkins overall
The share of occupied homes lived in by their owners.
1977
Similar to the Hopkins median
The midpoint of years when homes in the area were built.
The share of homes built during each period.
The share of housing units in each building type.
17 min
Lower than the Hopkins median
The average one-way travel time to work for commuters.
The share of workers using each listed way to get to work.
90%
Similar than Hopkins overall
The share of households with a broadband internet subscription.
Hopkins Public School District
This home is in the Gatewood Elementary, Hopkins West Middle School and Hopkins High School attendance areas of Hopkins Public School District.
14900 Gatewood Dr, Minnetonka, MN 55345
(952) 988-52503830 Baker Rd, Minnetonka, MN 55305
(952) 988-44012400 Royals Dr, Minnetonka, MN 55305
(952) 988-4500