16 W 33rd Street, Minneapolis, MN 55408 (MLS# 6817411)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1912
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1519
Above Ground SqFt: 3814
Below Grd Total SqFt: 1519
Total SqFt: 5333
Foundation Size: 1519
Style: (MF) Four Plex
Total Finished Sqft: 4630.00
Lot Dimensions: 50x110
Acres: 0.11
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Garden; Deck Basement: Concrete Block; Egress Windows; Full Construction Materials: Block Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Fencing: Full; Wood Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Laundry: In Unit Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: HVAC Maintenance; Insurance; Janitorial Service; Lawn; Maintenance/Repair; Management Parking Characteristics: Gravel Lot; Uncovered/Open Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA; Other Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas Unit 1 Amenities: Open Floor Plan Unit 1 Appliances: Energy Star Appliances; Stainless Steel Appliances; Cooktop; Dishwasher; Dryer; Microwave; Range Unit 1 Cooling: Central Unit 1 Dining Room Description: Breakfast Bar; Eat In Kitchen Unit 1 Special Search: All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Hardwood Floors; Washer/Dryer Hookup Unit 2 Appliances: Stainless Steel Appliances; Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Cooling: Central Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 3 Amenities: City View; Deck; Hardwood Floors; Washer/Dryer Hookup Unit 3 Appliances: Cooktop; Dishwasher; Dryer; Range; Refrigerator; Washer Unit 3 Cooling: Central Unit 4 Amenities: City View; Deck Unit 4 Cooling: Central Unit 4 Dining Room Description: Living/Dining Room Unit 4 Special Search: Main Floor Laundry Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 715000
ListPrice: 715000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 16
Street Direction Prefix: W
Street Name: 33rd
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Broom & Suffels Add

Assessments

Tax With Assessments: 9406
Assessment Balance: 0

Basement

Foundation Dimensions: 45x34
Concrete Block: Yes
Egress Windows: Yes
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 3814
Finished SqFt Below Ground: 816

Income and Expenses

Annual Electric Expense: 3000
Annual Fuel Expense: 200
Annual Gross Expenses: 20000
Annual Gross Income: 73800
Annual Insurance Expense: 7716
Annual Maintenance Expense: 10800
Annual Net Income: 53800
Annual Repair Expense: 5000
Annual Water/Sewer Expense: 4800
Total Annual Expenses: 26716
Annual Caretaker Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 03
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Below Ground
Unit Number: Yes
Annual Rent: 16800
Finished SqFt: 710
Full Baths: Yes
Monthly Expense: 557
Monthly Rent: 1400
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-05-31
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 21600
Finished SqFt: 918
Full Baths: Yes
Monthly Expense: 557
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit 3

Furnished?: No
Lease Expiration Date: 2027-01-31
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 19800
Finished SqFt: 918
Full Baths: Yes
Monthly Expense: 557
Monthly Rent: 1650
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 8

Unit 4

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: 3rd Level
Unit Number: 4
Annual Rent: 15600
Finished SqFt: 572
Full Baths: Yes
Monthly Expense: 557
Monthly Rent: 1300
No. of Units Like This: Yes
Total Baths: Yes
Total Rooms: 4

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 013 BLOCK 001 BROOM & SUFFELS ADDN TO MPLS E 35 FT
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 4415
Property ID Number: 0302824240017
Tax Year: 2025
Tax Amount: 9406
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Beautifully maintained corner-lot fourplex offering strong income potential and modern finishes throughout. Each unit features its own in-unit laundry, high-end updates, and bathrooms with tile floors and full tile tub/showers. The upper-level penthouse showcases stunning skyline views, while the first and second floors offer spacious 3BR/1BA layouts. The garden unit includes 2BR/1BA, providing a versatile unit mix for tenants or owner-occupants. Perfect for investors or owner-occupants, this property delivers solid cash flow in a prime location—just steps from popular shops, restaurants, parks, and convenient transit. A rare opportunity combining lifestyle, location, and long-term value.
Directions: From 35 W, heard south on Stevens Ave toward E 33rd St, turn right onto E 33rd St, turn left onto Nicollet Ave, turn right onto W 33rd St, house will be on the right.

Accessible

None: Yes

Amenities Shared

Common Garden: Yes
Deck: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Stucco: Yes

Fencing

Full: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Laundry

In Unit: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Owner Pays

HVAC Maintenance: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes

Parking Characteristics

Gravel Lot: Yes
Uncovered/Open: Yes

Patio, Porch and Deck Features

Deck: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Amenities

Open Floor Plan: Yes

Unit 1 Appliances

Energy Star Appliances: Yes
Stainless Steel Appliances: Yes
Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Breakfast Bar: Yes
Eat In Kitchen: Yes

Unit 1 Special Search

All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

Stainless Steel Appliances: Yes
Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 3 Amenities

City View: Yes
Deck: Yes
Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Unit 3 Appliances

Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Cooling

Central: Yes

Unit 4 Amenities

City View: Yes
Deck: Yes

Unit 4 Cooling

Central: Yes

Unit 4 Dining Room Description

Living/Dining Room: Yes

Unit 4 Special Search

Main Floor Laundry: Yes