Seller's Agent in 2025
Nate Schammel
MRG Realty Partners, LLC
(651) 955-4255
3 in this area
23 Total Sales
3200 Bloomington Ave Minneapolis, MN 55407
Powderhorn Park Neighborhood
13
Beds
4
Baths
5,280
Sq Ft
4,792
Sq Ft Lot
About This Home
As of February 2025This 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,855
Year Built
- Built in 1912
Lot Details
- Lot Dimensions are 60.00 x 76.30
Home Design
- Quadruplex
- Rubber Roof
- Aluminum Siding
Interior Spaces
- 5,280 Sq Ft Home
- 2-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 13 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 4 Units
- Williams Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- The owner pays for insurance, janitorial service, sewer, taxes
- Assessor Parcel Number 0202824130018
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $675,000 | +1.5% | $128 / Sq Ft |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $664,900 | -4.9% | $126 / Sq Ft |
| 09/10/2024 09/10/24 | For Sale | $699,000 | -- | $132 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Nate Schammel
-
Jenna Schwartz
Seller Co-Listing Agent in 2025
Jenna Schwartz
MRG Realty Partners, LLC
(612) 968-8798
1 in this area
4 Total Sales
-
Michael Moe
Buyer's Agent in 2025
Michael Moe
Keller Williams Classic Rlty NW
(763) 463-7500
2 in this area
103 Total Sales
-
Mason Vitalis
M
Buyer Co-Listing Agent in 2025
Mason Vitalis
Keller Williams Classic Rlty NW
(612) 396-5216
2 in this area
21 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6596769
APN: 02-028-24-13-0018
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