2 months on rocket

2221 Bloomington Ave, Minneapolis, MN, 55404

$399,000

Home List Price

$4,738*

Closing Credit

0 Baths
3,286 SqFt
$121/SqFt
Multi

Location

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2221 Bloomington Ave, Minneapolis$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn-Street Parking Only
Year Built1904
HeatingSteam, Hot Water, Radiant
BasementYes
MLS #6596981
StatusActive

About 2221 Bloomington Ave

This historic and charming duplex is a must see! With new roof, gutters! Original wood working throughout, tons of natural light and a huge garden with chicken coop (can be removed if requested) With large basement and unfinished 3rd floor. Perfect for your clients looking to get an instant return on their investment, and great equity builder in this current market for someone to put equity into the third floor and/or basement to maximize this property's potential! (Will want flashlight for 3rd floor)

Property Details

Property Features

Property Information:

  • Year Built: 1904
  • Living Area: 3,286 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Integrity

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On-Street Parking Only

Virtual/3D Tour

  • 3D Tour: 2221 Bloomington Ave
3D Tour

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Hot Water, Radiant

Other

Directions Information:

  • Directions: Franklin Avenue to Bloomington Avenue, south to 2221 Bloomington Avenue (property will be on left side of road).

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $121/SqFt

Tax Information:

  • Annual Amount: $5,628
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2221 Bloomington Ave vs Minneapolis

70 DAYS ON ROCKET

+36 Days

$399,000

+$49.1K More

$121/SqFt

-$81 Less

KEY TAKEAWAY

This property is $49.1K more than the Median Sold Price and $81/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6596981

Listing Office:

  • Office Name: Keller Williams Realty Integrity

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Last updated on: 11/13/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2021Home Sold
$385,000
Apr 25, 2017Home Sold
$296,029

Tax History

YEARPROP. TAXASSESSMENT
2020$5,628$344,500
2019$4,914$338,265
2018$4,555$303,930
2017$3,771$249,430

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-115541
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 0.65 miles

  • Public Charter Grades PK-4

school-card-donut-115542
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 0.89 miles

  • Public Charter Grades KG-6

school-card-donut-115543
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.93 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,400. Residents of Minneapolis, MN typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2221 Bloomington Ave

This home is located at 2221 Bloomington Ave in Minneapolis, MN and zip code 55404 in the Phillips neighborhood. This 3,286 square foot home was built in 1904. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $399,000.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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