5733 Bossen Terrace Minneapolis, MN 55417
For Sale MLS# 7003036
6,383 sq ft Commercial
Details for 5733 Bossen Terrace
MLS# 7003036
Description for 5733 Bossen Terrace, Minneapolis, MN, 55417
*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.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Lot Size: 0.23 Acres
Square Feet: 6,383 sq ft
Year Built: 1963
Foundation: 3,683 sq ft
Stories: 2 Stories
Subdivision: Novaks Add
Number Of Units Total: 8
Current Use: Residential
County: Hennepin
Days On Market: 143
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Range, Refrigerator
Flooring: Carpet,Tile
Additional Interior Features: Cable, Tile Floors
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Separate,Hot Water Separate
Cooling: Wall
Heating: Radiant, Natural Gas
Exterior / Lot Features
Open Parking: 10
Parking Description: Parking Lot, Garage Sq Ft - 0.00
Exterior: Brick/Stone, Stucco
Roof: Asphalt Shingles
Lot Dimensions: 34x34x154x67x152
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building
Driving Directions
63 East to #4th Ave N, to Crosstown Service Rd/S Frontage Rd to building
Financial Considerations
Owner Pays: Electric
Gross Income: 78180
Tax/Property ID: 1902823230061
Tax Amount: 13014
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Keller Williams Premier Realty Lake Minnetonka
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5733 Bossen Terrace
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5733 Bossen Terrace
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.