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4-Unit Multifamily Building

16 W 33rd Street, Minneapolis, MN 55408

For Sale
$660,000

Four residences include private laundry, varied bedroom layouts, and a top-floor unit with skyline views.

Property Size4,630 SF
Price / SF$142.55
Days on Market48

Property Features for 16 W 33rd Street

General Information

Standard status Active
Size 4,630 SF
Property subtype Fourplex

Site & Location

Neighborhood Powderhorn
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 1912
Buildings 1
Listing Agency: Pemberton RE
Listed By: Beth A Reilly
Source: Obviousrealestate
Added: Sep 23 Changed: Nov 8 Last Checked: Nov 8 at 6:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pemberton RE

Rey
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Investment Insights

Based on property information with market context.

This 4,630-square-foot fourplex contains four residences, including 3-bedroom/1-bathroom layouts on the first and second floors and a 2-bedroom/1-bathroom garden unit. The upper-level penthouse looks out toward the skyline. Each residence has its own laundry, and the bathrooms feature tiled floors and tub/shower surrounds. Built in 1912, the property occupies a corner lot.

Shops, restaurants, parks, and transit are within walking distance of the property.

Key Highlights

  • Four‑unit building with a 3‑bedroom/1‑bathroom layout on each of the first and second floors
  • 2‑bedroom/1‑bathroom garden residence
  • 4,630‑square‑foot property built in 1912

Property Analytics

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Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,214
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
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Market

Average Price Trend$/SF for Quadplexes in Minneapolis, MN

$186 Jul
$178 Aug
$172 Sep
$170 Oct

Properties on Market for Quadplexes in Minneapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences include private laundry, varied bedroom layouts, and a top-floor unit with skyline views.
Where is this quadplex located?
The property is located at 16 W 33rd Street Minneapolis, MN.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four‑unit building with a 3‑bedroom/1‑bathroom layout on each of the first and second floors; 2‑bedroom/1‑bathroom garden residence; 4,630‑square‑foot property built in 1912
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