5733 Bossen Terrace, Minneapolis, MN

$990,000

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0.23

Acres

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.

Features of 5733 Bossen Terrace

MLS® # 7003036
Price $990,000
Acres 0.23
Year Built 1963
Type Commercial Sale
Status Active

Community Information

Address 5733 Bossen Terrace
Area 82
Subdivision Novaks Add
City Minneapolis
County Hennepin
State MN
Zip Code 55417

Amenities

Utilities Electric Common, Heating Separate, Hot Water Separate
Parking Parking Lot
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Range, Refrigerator
Heating Radiant
Cooling Wall Unit(s)
Fireplace No

Exterior

Roof Asphalt

School Information

District Minneapolis

Additional Information

Days on Market 28
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $13,014

Listing Details

OfficeKeller Williams Premier Realty Lake Minnetonka

Listing Map

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