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    • $585,000

    3518 Bloomington Ave, Minneapolis, MN 55407

    4beds
    4baths
    3,328sqft
    Quadruplex
    Built in 1927
    -- sqft lot
    $619,400 Zestimate®
    $176/sqft
    $2,056 Estimated rent

    Home value

    $619,400

    $588,000 - $657,000

    $2,056/mo

    Zestimate® history
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    What's special

    Upgraded mechanicalsSunny south exposure terrace
    Charming classic 4 plex just steps from South Powderhorn Park and neighborhood coffee, bakery/restaurants and other shops that make this location unique. Tenants are quiet professionals who love living here. Long term owner has upgraded mechanicals, replaced most windows and restored much natural woodwork & cabinetry. The exterior has a sunny south exposure terrace, grassy back yard with a raised planter for tenant gardening, creating a great tenant community within the building. Many shrubs offer edible raspberries, strawberries and herbs. This property is a joy to own. It will be hard to find a nicer 4 plex.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cotty Lowry 612-414-4331,

    Keller Williams Realty Integrity Lakes,

    Dorothy C Peterson 612-735-9497

    Bought with:

    Jeffrey Nobleza

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6450272MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Boiler, Hot Water
    Appliances
    • Laundry: In Basement, Coin-op Laundry Owned
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,328
    • Total interior livable area: 3,328 sqft
    • Finished area above ground: 3,328
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage
    • Garage spaces: 3
    • Details: Garage Dimensions (0)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 124
    • Features: Near Public Transit
    Details
    • Foundation area: 1664
    • Parcel number: 0202824420028
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Bloomington Ave Add
    HOA
    • Amenities included: Coin-op Laundry Owned
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $524,000
    • Annual tax amount: $8,573
    • Date on market: 10/29/2023
    • Cumulative days on market: 52 days
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    12/27/2023Sold$585,000-6.4%$176/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450272 Report a problem
    12/20/2023Pending sale$625,000$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450272 Report a problem
    10/29/2023Listed for sale$625,000+62.3%$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6450272 Report a problem
    6/16/2014Sold$385,000+183.1%$116/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2143974 Report a problem
    7/14/1998Sold$136,000+34.2%$41/sqft
    Source: Public Record Report a problem
    5/6/1997Sold$101,312$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,525 +5%$524,000
    2024$9,067 +5.8%$524,000 -7.7%
    2023$8,573 -1.4%$568,000 +6.5%
    2022$8,696 +0.8%$533,200 +4.1%
    2021$8,628 +1.7%$512,000 -2.9%
    2020$8,481 -1.7%$527,500 +10%
    2019$8,628 +1.7%$479,500 +12%
    2018$8,481 +27.6%$428,000 +27.6%
    2017$6,648 +5.8%$335,500 +5.1%
    2016$6,287 +2%$319,300 +9.3%
    2015$6,165 +19.1%$292,000 +12.3%
    2014$5,175 +4.6%$260,000 -0.8%
    2013$4,949 +2.7%$262,000
    2012$4,818 +1.8%$262,000
    2011$4,733 -3.2%$262,000 -15.1%
    2010$4,892 -11.5%$308,500 -9.9%
    2009$5,529 -1.5%$342,500 -5%
    2006$5,616 +0.6%$360,500 +5.9%
    2005$5,583 -0.9%$340,500 +6.1%
    2004$5,634 +12.7%$321,000 +30%
    2002$4,999 +11.5%$247,000
    2001$4,484 --
    Find assessor info on the county website

    Neighborhood: Powderhorn Park

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    Estimated market value
    $619,400
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    Estimated market value
    $619,400

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