Minneapolis · Commercial sale

Nokomis 57 buys 57 6th Ave S in Hopkins for $1.33 million

An apartment building at 57 6th Ave S, Hopkins sold for $1,335,000 on October 6, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 57 6th Ave S, Hopkins with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Hennepin County Assessor. The photo can predate the sale.
Sale price
$1,335,000
Sold
October 6, 2026
Property type
Apartment building
Lot size
13,068 sq ft
Year built
1961

An apartment building at 57 6th Ave S in Hopkins sold for $1,335,000 on October 6, 2026. That price is 6.1 times its last recorded sale of $220,000 in 1991, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

The record lists Loon Properties, LLC as the seller and Nokomis 57 LLC as the buyer.

Assessor's records show the building was built in 1961 and sits on a 13,068-square-foot lot. The market value on record is $1,200,000, making the sale price 11% above that value.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $4,539 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $3,311.25 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $1,322,762. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,331,503 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

57 6th Ave S, Hopkins, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1928925. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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