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  • $675,000

    3200 Bloomington Ave, Minneapolis, MN 55407

    13beds
    4baths
    5,280sqft
    Quadruplex
    Built in 1912
    -- sqft lot
    $687,900 Zestimate®
    $128/sqft
    $2,051 Estimated rent

    Home value

    $687,900

    $626,000 - $757,000

    $2,051/mo

    Zestimate® history
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    $4,290/mo

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    What's special

    In-unit laundry
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Schammel 651-955-4255,

    MRG Realty Partners, LLC

    Bought with:

    Michael Moe

    Keller Williams Classic Rlty NW

    Mason D Vitalis

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6596769MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Block
    Interior area
    • Total structure area: 5,280
    • Total interior livable area: 5,280 sqft
    • Finished area above ground: 5,280
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Fencing: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 60.00 x 76.30
    Details
    • Foundation area: 2640
    • Parcel number: 0202824130018
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Electric: 100 Amp Service, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Williams Add

    Price history

    DateEventPrice
    2/4/2025Sold$675,000+1.5%$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6596769 Report a problem
    2/3/2025Pending sale$664,900$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6596769 Report a problem
    10/17/2024Price change$664,900-4.9%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6596769 Report a problem
    9/10/2024Listed for sale$699,000+323.6%$132/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6596769 Report a problem
    9/27/2010Sold$165,000$31/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1694163 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,530 +4.9%$627,000
    2024$10,991 -0.7%$627,000 -7.8%
    2023$11,073 +4.8%$680,000
    2022$10,570 -0.2%$680,000 +10.7%
    2021$10,595 +4.2%$614,000 -2.9%
    2020$10,170 -4%$632,500 +10%
    2019$10,595 +4.2%$575,000 +12%
    2018$10,170 +27.5%$513,500 +27.4%
    2017$7,979 +5.7%$403,000 +4.9%
    2016$7,552 +1.8%$384,000 +15%
    2015$7,415 +9.7%$334,000 +9.7%
    2014$6,760 +6.5%$304,500 +5%
    2013$6,347 +47.2%$290,000 +43.1%
    2012$4,313 -3.9%$202,600 -8.3%
    2011$4,488 -2.7%$221,000 -15%
    2010$4,614 -10.9%$260,000 -10%
    2009$5,179 +3.6%$289,000
    2006$4,997 +4.4%$289,000 +10.1%
    2005$4,786 -6.7%$262,500
    2004$5,127 +22.4%$262,500
    2001$4,189 --

    Find assessor info on the county website

    Neighborhood: Powderhorn Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $687,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $687,900