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3200 Bloomington Avenue

Minneapolis, MN 55407

– beds
– baths
5,280 sqft
$125 per sqft
1912 build
– on site

This large 4-plex went through a full remodel in 2011 (roof, windows, mechanicals, kitchens, bathrooms, ect..), each unit has its own utility meters, mechanicals, and in-unit laundry, making this building similar to a small condo building. Tenants pay their own Heat / Gas / Electric! Lots of storage is available in the basement with a separate entrance in the back for convenient access. Current rents are well below market for other 3-beds in the area, which can support an estimated 1700-1800 / M for similar units with in-unit laundry and furnace heat. Unit 1 was converted to 4-bed unit in the past, and unit 2 could be made into a similar 4-bed unit. The limited availability of 3- and 4-bedroom units in the area further strengthens the investment upside.

Listing courtesy of NORTHSTAR / Nathan Schammel / MRG Realty Partners, LLC

Last checked: Checking… • Last updated Nov 7, 2024 •

MLS# 6596769 —

The Building

Year Built:

1912
New Construction:

false
Age Of Property:

112
Construction Materials:

Aluminum Siding, Brick/Stone
Construction Materials Desc:

Brick
Roof:

Rubber
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

2640.0000
Basement:

Block
Basement:

true
Foundation Area:

2640
Building Area Total:

7920
Above Grade Finished Area:

5280

Room Dimensions

Living Area:

5280

Location

Directions:

Cedar avenue south (Highway 77), Go West on E 32nd St, property is on South West corner of 32nd and Bloomington
Latitude:

44.944611
Longitude:

-93.252777

The Property

Parcel Number:

0202824130018
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.11
Lot Size Dimensions:

60.00 X 76.30
Lot Size Units:

Acres
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

10855
Tax With Assessments:

10991.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Williams Add
Assessment Pending:

No

Parking

Parking Features:

None

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/17/24 Oct 17, 2024	Price Changed	NORTHSTAR	$664,900	-4.9%
9/10/24 Sep 10, 2024	Listed / Active	NORTHSTAR	$699,000
9/27/10 Sep 27, 2010	Sold	DAAR

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This multifamily located in Powderhorn, Minneapolis, MN 55407 is currently for sale for $664,900. 3200 Bloomington Avenue is a 5,280 square foot multifamily with – beds and – baths that has been on Estately for 102 days. 3200 Bloomington Avenue is in the Powderhorn neighborhood of Minneapolis and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Bancroft Elementary School, South High School, and Andersen United Community School.

Listing Courtesy of: NORTHSTAR and MRG Realty Partners, LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.