3420 Bloomington Avenue Minneapolis, MN 55407

$675,000
Active
 |  MLS # 7168478
Active
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About The Listing

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 courtesy of Nathan P. Opatz, Apartment Cash Flow, Inc.
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1961
MLS #: 7168478
Garage Spaces: 0
Parking Description: Parking Lot
Sewer Description: City Sewer/Connected
Air Conditioning Type: Wall Unit(s)
Water: City Water/Connected
Heat Type: Boiler, Hot Water
Basement: Finished, Full, Storage/Locker
Foundation Type: Block
Roof Description: Age Over 8 Years, Flat, Rubber
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 11/03/2026
List Date: 11/03/2026
Listing Agent ID: 506069385
Listing Office: Apartment Cash Flow, Inc.
Listing Office ID: 27376
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Range, Refrigerator
Flooring: Carpet, Wood
Exterior Features: Stone
Fence: None
Lot Dimensions: 50 x 123
Lot Size: 0.14 Acres
Pool Description: None
Lot Features: Tree Coverage - Light
School District: Minneapolis
Tax Year: 2026
Estimated Taxes: $14,699
Contingency Type: None
City: Minneapolis
Zip: 55407
County: Hennepin
Subdivision: Bloomington Ave Add
State: MN
Listing last updated: 11/03/26

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