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$680,000

5 Beds 3 Baths 4,630 SQFT 0.11 Acres
Type: Multi-Family

16 W 33rd Street
Minneapolis, MN 55408

MLS#: 7146409
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: Pemberton RE

Property Description

 

Beautifully maintained corner-lot fourplex offering strong income potential and modern finishes throughout. Each unit features its own in-unit laundry, high-end updates, and bathrooms with tile floors and full tile tub/showers. The upper-level penthouse showcases stunning skyline views, while the first and second floors offer spacious 3BR/1BA layouts. The garden unit includes 2BR/1BA, providing a versatile unit mix for tenants or owner-occupants. Perfect for investors or owner-occupants, this property delivers solid cash flow in a prime location—just steps from popular shops, restaurants, parks, and convenient transit. A rare opportunity combining lifestyle, location, and long-term value.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area3,814 sqft
BasementBlock, Daylight/Lookout Windows, Egress Window(s), Finished, Full
Basement (Y/N)Yes
Below Grade Finished Area816 sqft
Foundation Dimensions45x34
FuelElectric, Natural Gas
Laundry FeaturesIn Unit

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCommon Garden, Deck
CityMinneapolis
Construction MaterialsBlock
ContingencyNone
CountyHennepin
DirectionsFrom 35 W, heard south on Stevens Ave toward E 33rd St, turn right onto E 33rd St, turn left onto Nicollet Ave, turn right onto W 33rd St, house will be on the right.
ElectricCircuit Breakers
Electric Expense3000
Fuel Expense200
Garage Spaces0
Gross Income73800
HeatingBaseboard, Forced Air
High School DistrictMinneapolis
Insurance Expense7716
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4,630 sqft
Lot Size UnitsAcres
MaintenanceExpense10800
Net Operating Income53800
New ConstructionNo
Number Of Units Total3
Operating Expense26715
OwnerPaysHVAC Maintenance, Insurance, Janitorial Service, Grounds Care, Repairs, Management
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBroom & Suffels Add
Tax Annual Amount$9,964
Tax Year2026
Tenant PaysElectricity, Gas
Trash Expense0
Water Sewer Expense4800
Year Built1912
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total5,333 sqft
FencingFull, Wood
Foundation Area1,519 sqft
Lot Dimensions50x110
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesGravel, Open
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$680,000

5 Beds 3 Baths 4,630 SQFT 0.11 Acres
Type: Multi-Family

16 W 33rd Street
Minneapolis, MN 55408

MLS#: 7146409
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800