2921 33rd Avenue S, Minneapolis, MN 55406
- Added:
- Jan 15, 2026
- Days on Market:
- 172
- Last Refresh:
- Jul 6 at 2:06 pm
Property Features for 2921 33rd Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 3, Basement, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2
- Parking features
- Garage - Detached
- Exterior features
- Vinyl
- Standard status
- Pending
- APN
- 3102923330125
- Size
- 2,006 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6110
Utilities
- Heating system
- Forced Air, Baseboard
Building Details
- Year built
- 1900
- Roof type
- Shingle
Listing agent Philip C. Kor (952) 368-0021
Listing office Bridge Realty, LLC 1101 E 78TH STREET SUITE 300, Bloomington, MN (952) 368-0021
Listing date Jan 15, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Longfellow duplex with each unit offering 3 bedrooms
- Lower unit has 3 bedrooms and 2 bathrooms and will need a full renovation
- New roof and new furnace reported for the property
- Heating includes baseboard and forced air
- Detached garage parking available
- Vinyl exterior and shingle roof
Overview
The home sits on a 0.16-acre lot and is approximately 2,006 square feet in total building size. The seller’s remarks indicate a convenient setting close to parks, trails, transit, and neighborhood amenities, supporting everyday lifestyle needs for future residents.
For owner-occupants or investors, the property’s unit mix can fit a range of tenant or household preferences given the consistent three-bedroom design across both units. Buyers seeking a value-add approach should factor in the scope of work required for the lower unit renovation, balanced against the stated roof and furnace updates. The duplex structure also offers the option to maintain rental income while improving one unit to match market-ready standards.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.7k | $19.80 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $37.1k | $18.51 |
| − OpEx | −$11.1k | −$5.55 |
| NOI | $26.0k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2239256
- Latitude
- 44.9493307
