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$ 550,000
Est. payment /mo
Pending
5749 33rd AVE S Minneapolis, MN 55417
7 Beds
4 Baths
3,168 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $173
Subdivision Sanders Add
MLS Listing ID 7048439
Bedrooms 7
Year Built 1962
Annual Tax Amount $7,326
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Property Sub-Type Fourplex
Property Description
Well-maintained 4 unit investment opportunity in South Minneapolis with major recent improvements already completed. Updates include a newer roof, newer driveway, and fresh paint throughout, reducing near-term capital expenditure for the next owner.
Two units are currently occupied, providing immediate income, with the remaining two units offering strong upside through lease-up and rent growth potential. Each unit is separately metered for electricity, allowing for efficient expense management, and the property includes off-street parking for tenants.
Conveniently located near Hwy 62 with easy access to public transportation, shopping, and local amenities, making it a desirable rental location. Ideal opportunity for an investor looking to stabilize and increase cash flow.
All measurements and information are deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.
Two units are currently occupied, providing immediate income, with the remaining two units offering strong upside through lease-up and rent growth potential. Each unit is separately metered for electricity, allowing for efficient expense management, and the property includes off-street parking for tenants.
Conveniently located near Hwy 62 with easy access to public transportation, shopping, and local amenities, making it a desirable rental location. Ideal opportunity for an investor looking to stabilize and increase cash flow.
All measurements and information are deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.
Location
State MN
County Hennepin
Rooms
Basement None
Interior
Heating Baseboard, Boiler, Hot Water, Radiator
Fireplace No
Laundry Common Area
Exterior
Parking Features Parking Lot, Open
Pool None
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 1584
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Corey Wright • Rize Realty