18-Unit Apartment Building with
For Sale
$1,900,000
3412 Bloomington Ave, Minneapolis, MN 55407
Brick-and-stucco property offers mixed one- and two-bedroom layouts, parking, storage, and onsite laundry.
Property Size17,400 SF
Price / SF$109.20
Days on Market16
Property Features for 3412 Bloomington Ave
General Information
Standard status
Active
Size
17,400 SF
Building Details
Year Built
1962
Listing Agency:
Apartment Cash Flow, Inc.
Listed By:
Nathan P. Opatz
Source:
Bradadamrealty
Added: Aug 22
Changed: Aug 29
Last Checked: Sep 6 at 10:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Cash Flow, Inc.
Investment Insights
Based on property information with market context.
Bloomington Square Apartments is an 18-unit building constructed in 1962, with 15,320 square feet across a mix of twelve two-bedroom, one-bath residences and six one-bedroom, one-bath residences. The property includes a lower level with four tuck-under garage stalls, additional storage lockers, onsite laundry, and in-wall air-conditioning units. Recent work includes painted common areas, a newer hot water heater, and newer double-hung windows. The exterior combines brick and stucco, and heating is provided by a gas-fired forced-air hot water boiler system.
The building occupies 0.28 acres at 3412 Bloomington Avenue in Minneapolis, near shops, parks, employment, and Powderhorn Park. Parking includes the attached garages plus 16 off-street spaces. The property is fully leased and zoned Multiple-Dwelling.
The building occupies 0.28 acres at 3412 Bloomington Avenue in Minneapolis, near shops, parks, employment, and Powderhorn Park. Parking includes the attached garages plus 16 off-street spaces. The property is fully leased and zoned Multiple-Dwelling.
Key Highlights
- 18‑unit apartment building with 15,320 square feet, fully leased
- Unit mix includes 12 two‑bedroom, one‑bath units and 6 one‑bedroom, one‑bath units
- 4 attached garage stalls with openers plus 16 off‑street parking spots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 55407, MN
38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick-and-stucco property offers mixed one- and two-bedroom layouts, parking, storage, and onsite laundry.
Where is this apartment building located?
The property is located at 3412 Bloomington Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 18‑unit apartment building with 15,320 square feet, fully leased; Unit mix includes 12 two‑bedroom, one‑bath units and 6 one‑bedroom, one‑bath units; 4 attached garage stalls with openers plus 16 off‑street parking spots
