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$575,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 7 Total Beds
  • Updated 4 hours ago
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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.

Full Property Details for 5749 33rd Ave S

General

  • Price: $575,000
  • Taxes: $7,326 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7048439
  • Updated: 4/3/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Common Area, Common Area

Additional Information

  • Shared Amenities: Coin-op Laundry Owned

Parking

  • Parking Features: Parking Lot, Open

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Sanders Add
  • Neighborhood: 82
  • Driving Directions: From HWY 62, exit on 34th. Right onto 58th. Left onto 33rd. Property is on the right.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Hot Water, Radiator
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Foundation Size: 1584
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 3,168
  • Above Ground: 3,168 Sq. Ft.
  • Finished Down/Base.: 3,168 Sq. Ft.
  • Year Built: 1962

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.14
  • Frontage: City Street

Financial Considerations

  • Operating Expenses: $21,750
  • Tax Amount: $7,326
  • Tax Year: 2025
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Gas, Grounds Care, Heat, Hot Water, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 011 SANDERS ADDN TO MPLS
  • Property ID: 1902823230072

Listed by Rize Realty

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— 5749 33rd Ave S —

  • Rize Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5749 33rd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Lk Nokomis Community-Keewaydin Campus
5209 30th Avenue South, Minneapolis, MN 55417
2-50.7 mi
Lk Nokomis Community-Wenonah Campus
5625 23rd Avenue South, Minneapolis, MN 55417
K-10.7 mi
Sanford Middle School
3524 42nd Avenue South, Minneapolis, MN 55406
6-82.8 mi
Roosevelt High School - Sws
4029 South 28th Avenue, Minneapolis, MN 55406
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5749 33rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$575,000
5.5%
MLS
3/17/2025
Sold
$545,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5749 33rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,326
11%
$403,000
-3%
2023
$6,625
-1%
$415,000
5%
2023
$6,676
—
$395,100
25%
2023
$6,676
14%
$315,500
5%
2020
$5,865
14%
$300,500
20%
2019
$5,126
19%
$250,500
12%
2018
$4,294
5%
$223,500
8%
2017
$4,079
2%
$207,000
—
2016
$3,998
10%
$207,000
15%
2015
$3,643
-7%
$180,000
—
2014
$3,918
-1%
$180,000
—
2013
$3,940
—
$180,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Rize Realty

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5749 33rd Avenue S, Minneapolis, MN 55417 (MLS# 7048439) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 5749 33rd Avenue S is currently listed for $575,000 and was received on April 02, 2026. Want to learn more about 5749 33rd Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Wenonah? You can browse all Wenonah real estate or contact a Coldwell Banker agent to request more information.

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