Six-Unit Brick Apartment
3420 Bloomington Ave, Minneapolis, MN 55407
For Sale
$675,000
A fully occupied rental property includes coin-operated laundry and off-street parking.
Property Size6,600 SF
Lot Size0.14 Acres
Price / SF$102.27
Days on Market10
Property Features for 3420 Bloomington Ave
General Information
Standard status
Size
Lot size
Occupancy
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
off street parking lot
on-site coin operated laundry
Building Details
Stories
Construction
Listing Agency:
Apartment Cash Flow, Inc.
Listed By:
Nathan P. Opatz · License MN #40329256
(651) 263-3653
Source:
Exprealty
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 10 at 10:22AM
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.
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Investment Insights
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This three-story apartment building contains six units across a mix of four two-bedroom layouts and two one-bedroom layouts. The all-brick exterior encloses 6,600 square feet, and the property occupies 0.14+ acres. Residents have access to on-site coin-operated laundry, while building systems include a newer water heater and a high-efficiency boiler. Off-street parking is provided on site.
All six apartments are currently rented. The property is next to Powderhorn Park in Minneapolis.
All six apartments are currently rented. The property is next to Powderhorn Park in Minneapolis.
Key Highlights
- Six apartments: four two‑bedroom units and two one‑bedroom units
- 6,600 square feet in a three‑story, all‑brick building
- 0.14+ acres with an off‑street parking lot
Property Analytics
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Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
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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
$317,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Minneapolis, MN
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A fully occupied rental property includes coin-operated laundry and off-street parking.
Where is this apartment building located?
The property is located at 3420 Bloomington Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six apartments: four two‑bedroom units and two one‑bedroom units; 6,600 square feet in a three‑story, all‑brick building; 0.14+ acres with an off‑street parking lot
