For Sale Commercial MLS# 7003036

5733 Bossen Terrace

Minneapolis, MN 55417

$939,900

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About 5733 Bossen Terrace

*GROUP SHOWING AVAILABLE 1/22 FROM 1-2PM** Fantastic 8-unit multifamily investment opportunity in the heart of South Minneapolis—perfect for first-time investors looking to launch their portfolio or seasoned investors seeking to add a value-add property with strong upside. Current rents are well below market, offering immediate potential to increase cash flow through strategic updates and rent adjustments. The property is ideally located with quick access to major highways, making commutes throughout the Twin Cities a breeze, and is just minutes from MSP International Airport. Residents will love the proximity to neighborhood parks, local shopping, and some of South Minneapolis’ most popular restaurants and cafés, creating strong long-term rental demand. With solid fundamentals, an excellent location, and untapped income potential, this is a rare opportunity to acquire a multifamily asset in one of Minneapolis’ most sought-after rental markets. Don’t miss the chance to secure a property that offers both stability and growth.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1963
Stories
Two
Living area
6,383 sqft
Price / sqft
$147
Lot
0.23
Original price
$990,000
MLS #
7003036

Interior

Features
Wall Unit(s), Radiant, Carpet, Tile, Range, Refrigerator
Appliances
Range, Refrigerator
Flooring
Carpet, Tile
Heating
Radiant
Cooling
Wall Unit(s)

Exterior & lot

Features
Stone, Stucco, Parking Lot
Construction
Two, Block, Asphalt
Roof
Asphalt
Foundation
Block
Lot
1902823230061, Residential
Parking
Parking Lot

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Common, Heating Separate, Hot Water Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$13,014
Tax year
2025
Parcel
1902823230061

Location

Subdivision
Novaks Add
County
Hennepin
Neighborhood
Wenonah
Community
Hennepin, northstar, Minneapolis
Directions
63 East to #4th Ave N, to Crosstown Service Rd/S Frontage Rd to building

Location

Neighborhood
Wenonah
Subdivision
Novaks Add
School district
Minneapolis Public School District

Ask about this property

Questions on 5733 Bossen Terrace, Minneapolis, MN 55417, or want to see it in person?

Listed by Danni Hu, Keller Williams Premier Realty Lake Minnetonka

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.