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.
Closed
$550,000
5749 33rd Ave S, Minneapolis, MN 55417
7beds
4baths
3,168sqft
Fourplex
Built in 1962
-- sqft lot
$549,500 Zestimate®
$174/sqft
$2,268 Estimated rent
Home value
$549,500
$511,000 - $588,000
$2,268/mo
Zestimate® history
Owner options
List your home for rent
$2,268/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,268/mo
Rent Zestimate®
Refinance and save
$3,455/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,455/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Off-street parking for tenantsFresh paint throughoutNewer roofNewer driveway
Zillow last checked:
Listing updated:
Listed by:
Corey J Wright 763-807-5537,
Rize Realty,
Benjamin Paul Kirby 651-367-4344
Bought with:
Victor Varela
Eagan Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7048439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Baseboard, Boiler, Hot Water, Radiator
Appliances
- Laundry: Common Area, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 3,168
- Total interior livable area: 3,168 sqft
- Finished area above ground: 3,168
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Pool features: None
Lot
- Size: 6,098 Square Feet
Details
- Foundation area: 1584
- Parcel number: 1902823230072
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Sanders Add
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $421,000
- Annual tax amount: $7,326
- Date on market: 4/3/2026
- Cumulative days on market: 34 days
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Sold | $550,000$174/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7048439 Report a problem | ||
| 5/6/2026 | Pending sale | $550,000$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048439 Report a problem | ||
| 5/4/2026 | Price change | $550,000-4.3%$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048439 Report a problem | ||
| 4/3/2026 | Listed for sale | $575,000+5.5%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048439 Report a problem | ||
| 3/17/2025 | Sold | $545,000-2.7%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6634556 Report a problem | ||
| 2/3/2025 | Pending sale | $560,000$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6634556 Report a problem | ||
| 1/15/2025 | Listed for sale | $560,000+159.3%$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6634556 Report a problem | ||
| 3/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2022 | Listed for rent | $1,045 |
Source: Zillow Rental Manager Report a problem | ||
| 11/27/2002 | Sold | $216,000+127.4%$68/sqft |
Source: Public Record Report a problem | ||
| 12/16/1996 | Sold | $95,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,326 +10.6% | $421,000 +4.5% |
| 2024 | $6,625 -0.8% | $403,000 -2.9% |
| 2023 | $6,676 +17.2% | $415,000 +5% |
| 2022 | $5,697 +0.1% | $395,100 +25.2% |
| 2021 | $5,689 -3% | $315,500 |
| 2020 | $5,865 +3.1% | $315,500 +5% |
| 2019 | $5,689 -3% | $300,500 +20% |
| 2018 | $5,865 +36.6% | $250,500 +21% |
| 2017 | $4,294 +5.3% | $207,000 |
| 2016 | $4,079 +2% | $207,000 +15% |
| 2015 | $3,998 +9.7% | $180,000 |
| 2014 | $3,643 -7.5% | $180,000 |
| 2013 | $3,940 +0% | $180,000 -2.7% |
| 2012 | $3,939 +4.8% | $185,000 |
| 2011 | $3,757 -11% | $185,000 -22.3% |
| 2010 | $4,224 -11% | $238,000 -10.2% |
| 2009 | $4,747 -4.8% | $264,900 -8.2% |
| 2006 | $4,988 -5.2% | $288,500 |
| 2005 | $5,260 +17.4% | $288,500 +28.2% |
| 2004 | $4,479 -2.1% | $225,000 +16.6% |
| 2002 | $4,576 -43% | $193,000 |
| 2001 | $8,033 | -- |
Find assessor info on the county website
Neighborhood: Wenonah
Nearby homes
- $1,3752 bd1 ba816 sqft5749 33rd Ave S APT 2, Minneapolis, MN 55417For Rent
- $--2 bd1 ba800 sqft5749 33rd Ave S #3, Minneapolis, MN 55417Off Market
- $444,7007 bd-- ba1.6k sqft5745 33rd Ave S, Minneapolis, MN 55417Off Market
- $450,900-- bd-- ba3.1k sqft5753 33rd Ave S, Minneapolis, MN 55417Off Market
- $465,8007 bd-- ba1.6k sqft5741 33rd Ave S, Minneapolis, MN 55417Off Market
- $540,0007 bd4 ba3.2k sqft5737 33rd Ave S, Minneapolis, MN 55417Sold
- $333,3003 bd2 ba1.5k sqft5736 34th Ave S, Minneapolis, MN 55417Off Market
- $361,4004 bd2 ba1.7k sqft5732 34th Ave S, Minneapolis, MN 55417Off Market
Nearby schools
GreatSchools rating
- NALk Nokomis Community-Keewaydin CampusGrades: 3-8Distance: 0.7 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 2.2 mi
- NALk Nokomis Community-Wenonah CampusGrades: K-1Distance: 0.7 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$549,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$549,500
- Minnesota
- Hennepin County
- Minneapolis
- 55417
- Wenonah
- 5749 33rd Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
