Date
Details
Price
Change
Source
1/15/2026
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$990,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5733 Bossen Terrace
General
- Price: $990,000
- Taxes: $13,014 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7003036
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Range, Refrigerator
- Flooring: Carpet, Tile
Additional Information
- Amenities: Cable, Tile Floors
Parking
- Parking Features: Parking Lot
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Novaks Add
- Neighborhood: 82
- Driving Directions: 63 East to #4th Ave N, to Crosstown Service Rd/S Frontage Rd to building
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Radiant
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Separate, Hot Water Separate
Structural Information
- Basement: Yes
- Foundation Size: 3683
- Roof: Asphalt
- Ceiling Height: 8-10
- Disability Access: None
- Square Feet: 6,383
- Finished Down/Base.: 6,383 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 34 x 34 x 154 x 67 x 152
- Zoning: Residential-Multi-Family
Financial Considerations
- Operating Expenses: $42,938
- Tax Amount: $13,014
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: Electricity
- Pays Electric: Owner Pays
Disclosures and Reports
- Legal Description: LOT 002 BLOCK 003 NOVAKS ADDN
- Inclusions: Building
- Property ID: 1902823230061
Listed by Keller Williams Premier Realty Lake Minnetonka
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— 5733 Bossen Terrace —
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NMLS#: 1598647
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Schools
Schools serving 5733 Bossen Terrace
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Lk Nokomis Community-Keewaydin Campus 5209 30th Avenue South, Minneapolis, MN 55417 | 2-5 | 0.6 mi |
Lk Nokomis Community-Wenonah Campus 5625 23rd Avenue South, Minneapolis, MN 55417 | K-1 | 0.6 mi |
Sanford Middle School 3524 42nd Avenue South, Minneapolis, MN 55406 | 6-8 | 2.8 mi |
Roosevelt High School - Sws 4029 South 28th Avenue, Minneapolis, MN 55406 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5733 Bossen Terrace
Tax History
Tax History for 5733 Bossen Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,014
7%
$716,000
-6%
2023
$12,149
—
$761,000
1%
2023
$12,129
—
$754,300
7%
2023
$12,129
7%
$702,500
10%
2020
$11,292
17%
$638,500
20%
2019
$9,660
11%
$532,000
12%
2018
$8,713
16%
$475,000
18%
2017
$7,541
2%
$402,500
5%
2016
$7,406
5%
$383,500
10%
2015
$7,053
-7%
$348,500
—
2014
$7,586
-1%
$348,500
—
2013
$7,628
—
$348,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5733 Bossen Terrace
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- Condo
- Active
- Updated 4 days ago
- 1Bed
- 1Total Bath
- 937Sq. Ft.
Listed by Barb Davis | Jonna Kosalko (612) 695-3136
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Listed by RE/MAX Results
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- Apartment
- Closed
- 9,600Sq. Ft.
- 0.28Acres
Listed and Sold by Apartment Cash Flow, Inc.
- Single Family
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- 4Beds
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Listed by Lakes Area Realty G.V.
Sold by Lakes Area Realty G.V.
Sold by Lakes Area Realty G.V.
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- 4Beds
- 4Total Baths
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Listed by Lakes Area Realty G.V.
Sold by eXp Realty
Sold by eXp Realty
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- Closed
- 5Beds
- 4Total Baths
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Listed by Lakes Sotheby's International Realty
Sold by RE/MAX Results
Sold by RE/MAX Results
5733 Bossen Terrace, Minneapolis, MN 55417 (MLS# 7003036) is a Commercial property. 5733 Bossen Terrace is currently listed for $990,000 and was received on January 15, 2026. Want to learn more about 5733 Bossen Terrace? Do you have questions about finding other Commercial real estate for sale in Wenonah? You can browse all Wenonah real estate or contact a Coldwell Banker agent to request more information.