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8-Unit Multifamily Building
For Sale
$939,900

5733 Bossen Terrace, Minneapolis, MN 55417

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Days on Market226

Property Features for 5733 Bossen Terrace

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Parking features Parking Lot
Exterior features Brick/Stone, Stucco
Appliances Range, Refrigerator
Subdivision Novaks Add
High school district Minneapolis
Directions 63 East to #4th Ave N, to Crosstown Service Rd/S Frontage Rd to building
Standard status Active
APN 1902823230061

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13014

Utilities

Heating system Radiant
Cooling system Wall Unit(s)

Building Details

Year built 1963
Roof type Shingle
Listing Agency: Keller Williams Premier Realty Lake Minnetonka · Keller Williams Realty
Listed By: Danni Hu
Added: Jan 15 Changed: Aug 27 Last Checked: Aug 29 at 5:06PM
MLS# 7003036

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.

Investment Insights

Based on property information with market context.

This 8-unit multifamily property was built in 1963 and features a brick and stucco exterior with a shingle roof. Building systems include radiant heating and wall-unit cooling, while individual units are equipped with ranges and refrigerators. A dedicated parking lot serves the property.

Located in South Minneapolis, the property offers access to major highways and is minutes from MSP International Airport. Neighborhood parks, local shopping, restaurants, and cafes are also nearby, placing everyday amenities within the surrounding community.

Key Highlights

  • 8‑unit multifamily property built in 1963
  • Brick and stucco exterior with a shingle roof
  • Radiant heating and wall‑unit cooling

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Restaurant Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 55417, MN

26,259
Population
11,556
Households
2.3
Avg Household Size
40
Median Age
62%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
5,968
Density / Sq Mi
$122,639
Median Household Income
$71,250
Median Earnings
$1,377
Median Rent
$368,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick and stucco exterior with radiant heat, wall-unit cooling, and lot parking.
Where is this apartment building located?
The property is located at 5733 Bossen Terrace Minneapolis, MN.
What is the asking price?
The asking price for this property is $939,900.
What are key features of this property?
This property features: 8‑unit multifamily property built in 1963; Brick and stucco exterior with a shingle roof; Radiant heating and wall‑unit cooling
More about this property
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