Nate& Amber - The Boen Team
(612) 669-0013
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3420 Bloomington Avenue , Minneapolis, MN 55407

$675,000
SQUARE FEET 6,600
MLS# 7168478
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Nate & Amber - The Boen Team

Nate & Amber - The Boen Team
Call: (612) 669-0013

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Bloomington Ave Add
SCHOOL: Minneapolis
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Property Description

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

3420 Bloomington Avenue | MLS# 7168478

This commercial property located at 3420 Bloomington Avenue , Minneapolis, MN 55407 is currently listed for sale with an asking price of $675,000. Bloomington Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.nateboen.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.14 Acres
Roof Type: Age Over 8 Years, Flat, Rubber
Stories: 3.0
Taxes: $14,699
Year Built: 1961

Feature Descriptions

Appliances: Range, Refrigerator
Basement: Finished, Full, Storage/Locker
Current Use: Residential
Foundation Size: 2200
Lot: Tree Coverage - Light
Lot Dimensions: 50 x 123
Owners Expense: Gas, Hot Water, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0202824420004
Parking: Parking Lot
Road Frontage: City Street
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Electricity
Units: 6
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agent Name: Nate & Amber - The Boen Team
Agent Phone: (612) 669-0013
Agency Title: Counselor Realty

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Near By

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12800 Whitewater Drive
Suite 100
Minnetonka, MN 55343
(612) 669-0013


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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/03/2026. The listing information on this page last changed on 11/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 11/03/2026 12:00:04 AM EST) or RMLS-MN MLS (last updated Mon 11/02/2026 11:53:27 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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