$675,000$
3420 Bloomington Avenue
Minneapolis, MN, 55407
About 3420 Bloomington Avenue
Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier
Listing Provided Courtesy of Apartment Cash Flow, Inc.
3420 Bloomington Avenue Property Details
Price:
$675,000
MLS #:
NST7168478
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Bloomington Ave Add
Neighborhood:
powderhornpark
Listed Date:
Nov 3, 2026
Total Sq Ft:
6,600
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1961
Schools
School District:
Minneapolis
Interior Features
Appliances
Range, Refrigerator
Cooling
Wall Unit(s)
Flooring
Carpet, Wood
Heating
Boiler, Hot Water
Levels
Three Or More
Exterior & Lot Features
Accessibility Features
None
Exterior Features
Stone
Fencing
None
Lot Features
Tree Coverage – Light
Parking Features
Parking Lot
Roof
Age Over 8 Years, Flat, Rubber
Window Features
Blinds, Double Pane Windows
Property Taxes & Financial Details
Tax Year
2026
Taxes
$14,699
Location
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3420 Bloomington Avenue
Minneapolis, MN
