3412 Bloomington Avenue Minneapolis, MN $ 1,700,000
3412 Bloomington Avenue
$ 1,700,000
Share Save

3412 Bloomington Avenue

Minneapolis, MN, 55407
$ 1,700,000
Bedrooms-- Baths-- Sq 17,400

Monthly Estimate*

$ 11,741

3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 1
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 2
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 3
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 4
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 5
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 6
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 7
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 8
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 9
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 10
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 11
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 12
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 13
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 14
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 15
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 16
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 17
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 18
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 19
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 20
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 21
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 22
3412 Bloomington Avenue, Minneapolis, MN 55407 - Image 23

Commercial Property for sale in Minneapolis, MN

for $1,700,000. This 17,400 square foot building was built in 1962 on a lot size of 0.29.

Bloomington Square Apartments is located in the heart of South Minneapolis close to many shops, parks and employment. Built in 1962 this property features a total of 18-units with a mix of twelve 2bd, 1ba and six 1bd, 1ba along with a whole lower fourth level with four tuck under garages. There is plenty of extra storage and off-street parking. The exterior is maintenance free with brick and stucco and newer vinyl replacement windows. The building sits on 0.28 acres and is only a short block from the desirable Powderhorn Park. Onsite laundry and extra storage lockers. Fully leased and located in a non-rent controlled city of Minnesota. PROPERTY FACTS Year Built: 1962 Square Footage: 15,320 Units: 18 Zoning: Multiple-Dwelling Parking: 4 Attached Garage Stalls w/ Openers Plus 16 Off-Street Parking Spots Exterior: All Brick and Stucco Exterior Heating: Gas Fired Forced Air Hot Water Boiler System Air Conditioning: In the Wall Air Conditioning Units Roof: Flat Roof - Newer in Age UNIT DESCRIPTION 12 - Two Bedroom, One Bath - Approx. 800+ Sqft. 6 - One Bedroom, One Bath - Approx. 600+ Sqft PROPERTY IMPROVEMENTS Hallways and Common Areas Recently Painted Newer Hot Water Heater Newer Double-Hung Windows Throughout the Building

See more

Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 37,002

Style

Lot Size

0.29

Year Built

1962

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7131152

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Wall Unit(s)
Utilities Electric Separate Heating Common Hot Water Common
Roof Age Over 8 Years Flat
Appliances Range Refrigerator
Garage Spaces 4
Pool Features None
Construction Materials Block Frame
Year Built 1962
Tenant Pays Broadband Cable TV Electricity
Topography Hilly
Levels Three Or More
Tax Year 2026
Current Use Residential
Gross Income 254274
Accessibility None
County Hennepin
Net Operating Income 147005
Operating Expense 107269
Insurance Expense 12000
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 13500
Subdivision Name Bloomington Ave Add
Possible Use Income Motel/Hotel
Directions Highway 35W to Lake street Go East to Bloomington Ave S South to Building
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 18
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 37002
Electric Expense 1500
Fuel Expense 11220
Trash Expense 3789
Water Sewer Expense 4000
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
See more
Interior
Basement Partial Storage/Locker Storage Space
Basement (Y/N) Y
Ceiling Height 8-10
Fuel Natural Gas
See more
Exterior
Fencing None
Parking Features Attached Garage Parking Lot Tuckunder Garage
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Land Leases Rental License
Lot Size Area 0.29
Building Area Total 17400
Lot Dimensions 100 x 123
Waterfront Y/N N
Foundation Area 4350
Road Frontage Type City Street
Road Responsibility Public Maintained Road
See more
Internal Only
Street Number 1 3412
See more
* Excluded Features
List By
Apartment Cash Flow, Inc.

Broker

nopatz@apartmentcashflow.com

Email

Affordability Calculator

$14,825
Per Month
79%
21%
0%
Monthly Principal & Interest
$11,741
Monthly Property Taxes
$3,084
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$1,700,000 -10.53% Price Down
8/21/2026$1,900,000 Listed Price

Map


See all

3412 Bloomington Avenue, Minneapolis, MN, 55407 is a Commercial Property for sale at $1,700,000 with 17,400 sqft and a lot size of 0.29. 3412 Bloomington Avenue was built in 1962. The property's zip code is 55407 which is in Minneapolis, MN