3200 Bloomington Avenue

Minneapolis, MN 55407

$664,900
Price
—
Beds
5,280 Sq. Ft.
$126 / Sq. Ft.
5,280
Sq. Ft.
$126
per Sq. Ft.

Description

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...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.
  1. Listed by MRG Realty Partners, LLC

Property Details for 3200 Bloomington Avenue

Neighborhood
Powderhorn Park
Subdivision Name
Williams Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 11/07/2024 12:44 PM

Property Details for 3200 Bloomington Avenue

StatusActive
MLS #6596769
Days on Compass61
Taxes$10,855 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1912
Lot Size0.11 AC / 4,791 SF
CountyHennepin County

Building Information for 3200 Bloomington Avenue

Stories-Residences4Year Built1912Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 3200 Bloomington Avenue

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • 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
  • Map Coordinate: 106-E4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55407
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 0202824130018
  • Tax Annual Amount: $10,855.00
  • Tax Legal Description: Lot 000 Block 009 WILLIAMS ADDN TO MPLS E 76 1/3 FT OF LOTS 1 AND 2
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 10991.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 5280.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 5280.0
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 60.00 X 76.30
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 2640.0000
  • Building Area Total: 7920.0
  • Above Grade SqFt Total: 5280.0000
  • Below Grade SqFt Total: 2640.0000
Property and Assessments
  • Age Of Property: 112
Utilities
  • Electric: 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: None
  • Foundation Area: 2640.0
  • Fuel: Natural Gas
  • Roof: Rubber
Interior Features
  • Basement Type: Block
  • DP Resource: Y
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 0
  • Unit Rooms Total: 8
  • Unit SqFt: 1320
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 18600
  • Unit Furnished: No
Unit 2
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 0
  • Unit Rooms Total: 8
  • Unit SqFt: 1320
  • Unit Type Actual Rent: $1,399.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 16788
  • Unit Furnished: No
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 0
  • Unit Rooms Total: 8
  • Unit SqFt: 1320
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 18600
  • Unit Furnished: No
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 0
  • Unit Rooms Total: 8
  • Unit SqFt: 1320
  • Unit Type Actual Rent: $1,399.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 16788
  • Unit Furnished: No

Property History for 3200 Bloomington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3200 Bloomington Avenue

Taxable ValueLand$63,800Additions$616,200Total$680,000
Tax Record2023$10,991 ($916 / month)
Home Facts
Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtStories2Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningR5CountyHENNEPINAPN02-028-24-13-0018

Schools near 3200 Bloomington Avenue

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Bancroft Elementary School
Public - PK to 5
Andersen Community
Public - PK to 8
South Senior High School
Public - 9 to 12
Mps Metro Sj
Public - K to 12
Rating
School
Distance
Bancroft Elementary School
PublicPK to 5

Andersen Community
PublicPK to 8

South Senior High School
Public9 to 12

Mps Metro Sj
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3200 Bloomington Avenue, Minneapolis, MN 55407

3200 Bloomington Avenue is a multi-family home for sale in Minneapolis, MN 55407. This property was listed for sale on September 10, 2024 by MRG Realty Partners, LLC, it's currently listed at $664,900. It has been on the market for a total of 61 days and was last sold on November 3, 2010. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Bancroft Elementary School, Andersen Community and South Senior High School. 3200 Bloomington Avenue is a 0-bed, 0-bath, 5,280 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MRG Realty Partners, LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/07/2024 12:44 PM