3200 Bloomington Ave
Minneapolis, MN 55407
-- Bed
-- Bath
5,280 Sq Ft
47 Days on Market
For Sale $664,900
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Courtesy of MRG Realty Partners, LLC

Listing Agent & Comments

Nathan SchammelMRG Realty Partners, LLC
651-955-4255nate@mrgrealtypartners.com
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.

MLS# NST6596769 • Data provided by NorthstarMLS as distributed by MLS Grid
Additional home details
Living Area5,280 Sq.Ft.
Lot Size4,792 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1912
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,991
Property in Flood Zone--
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HouseCanary, Inc. Brokerage

3200 Bloomington Ave., Minneapolis, MN 55407

Multi Family
-- Bed
-- Bath
5,280 Sq Ft
47 Days on Market

Listing Agent & Comments

Nathan SchammelMRG Realty Partners, LLC
651-955-4255nate@mrgrealtypartners.com
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.

MLS# NST6596769 • Data provided by NorthstarMLS as distributed by MLS Grid
Additional home details
Living Area5,280 Sq.Ft.
Lot Size4,792 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1912
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,991
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $664,900
Request tour
Save
Courtesy of MRG Realty Partners, LLC
3200 Bloomington Ave
Minneapolis, MN 55407
-- Bed
-- Bath
5,280 Sq Ft
47 Days on Market

Listing Agent & Comments

Nathan SchammelMRG Realty Partners, LLC
651-955-4255nate@mrgrealtypartners.com
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.

MLS# NST6596769 • Data provided by NorthstarMLS as distributed by MLS Grid
Additional home details
Living Area5,280 Sq.Ft.
Lot Size4,792 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1912
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,991
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $664,900
Request tour
Save
Courtesy of MRG Realty Partners, LLC