Home › 1733 37th Avenue NE, Minneapolis, MN 55421 (MLS# 6725651)

1733 37th Avenue NE, Minneapolis, MN 55421 (MLS# 6725651)

$495,000
1733 37th Avenue NE
Minneapolis, MN 55421
MLS# 6725651
Status: Closed
7 beds  |  3 baths  |  3840 sqft
1733 37th Avenue NE, Minneapolis, MN 55421
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1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421 1733 37th Avenue NE, Minneapolis, MN 55421

Property Description
No Rental City License Required if you have a 144G &/or 245D License if you have 5 or less residences. Fantastic investment opportunity in Columbia Heights! This spacious property was previously used as a triplex and is currently zoned R2. Property can be used as a single family home if no rental license is wanted. It can also be licensed as a Assisted Living Facility or Group Home for our business owners. Seller is open to Contract for Deed financing. Major updates include a new roof on house and garage (2017), two new boilers (2018), two new water heaters (2019) and updated bathrooms and kitchen on the lower level. Low maintenance, high potential! Perfect for a first time investor! Don’t miss this opportunity to add value and long-term cash flow to your portfolio!

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-09-22
Contingency: None
Current Price: 440000
Closed Date: 2025-10-03
Original List Price: 670000
ListPrice: 495000
Sales Close Price: 440000
List Date: 2025-05-21
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Road Btwn WF & Home?: No
Waterfront Frontage: 100
Waterfront YN: Yes
Year Built: 1963
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 7
Baths Total: 3
Main Floor Total SqFt: 1920
Above Ground SqFt: 1920
Below Grd Total SqFt: 1920
Total SqFt: 3840
Foundation Size: 1920
Style: (MF) Duplex Up and Down
Total Finished Sqft: 3840.00
Lake/Waterfront Name: Hart
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: S50x140x55Lx165
Acres: 0.38
Assessment Pending: No
Location Tax and Other Information
House Number: 1733
Street Name: 37th
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Anoka
State: MN
Zip Code: 55421
Complex/Dev/Subdivision: Aud Sub Waltons Sunny Ac 3rd
Assessments
Tax With Assessments: 7164
Building Information
Finished SqFt Above Ground: 1920
Finished SqFt Below Ground: 1920
Income and Expenses
Annual Caretaker Expense: 5040
Annual Electric Expense: 2700
Annual Fuel Expense: 1380
Annual Gross Expenses: 4200
Annual Gross Income: 72000
Annual Insurance Expense: 1800
Annual Water/Sewer Expense: 4200
Total Annual Expenses: 4200
Lake Details
Lake Acres: 7
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SPAAR
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 528
Public Survey Info
Range#: 24
Section#: 36
Township#: 30
Unit 1
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 1
Annual Rent: 36000
Finished SqFt: 1920
Full Baths: 2
Monthly Rent: 3000
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 10
Unit 2
Furnished?: No
Leased?: No
Level: Below Ground
Unit Number: 2
Annual Rent: 36000
Finished SqFt: 1920
Full Baths: 1
Monthly Rent: 3000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 9
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned
Assumable Loan: Not Assumable
Basement: Egress Windows; Full; Owner Access
Construction Materials: Concrete
Construction Status: Previously Owned
Electric: 200+ Amp Service
Existing Financing: Conventional
Exterior: Stucco
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Internet Options: Cable; Fiber Optic
Laundry: In Basement; In Unit; Upper Level
Lock Box Type: Combo
Lot Description: Tree Coverage - Light
Owner Pays: Sewer; Trash Collection; Water
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less
Sellers Terms: Cash; Contract for Deed; Conventional; FHA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Gas
Unit 1 Bath Description: Full Primary; Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Informal Dining Room
Unit 1 Family Room Characteristics: Family Room
Unit 1 Special Search: 3 BR on One Level; 4 BR on One Level
Unit 2 Amenities: Countertops-Granite; Ceiling Fan(s); Hardwood Floors; Kitchen Center Island; Kitchen Window
Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Bath Description: 3/4 Basement; Full Basement
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Informal Dining Room
Unit 2 Family Room Characteristics: Lower Level
Unit 2 Special Search: 3 BR on One Level; 4 BR on One Level
Water: City Water/Connected
Waterfront Type: Lake Front
Waterfront View: Panoramic

Listing Office: National Realty Guild

Last Updated: October - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 10th of October 2026 09:40 PM

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