3 months on rocket

3200 Bloomington Ave, Minneapolis, MN, 55407

$664,900

Home List Price

$7,896*

Closing Credit

0 Baths
5,280 SqFt
$126/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3200 Bloomington Ave, Minneapolis$664,900

Buyer Closing Credits

$7,896*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1912
HeatingForced Air
BasementYes
MLS #6596769
StatusActive

About 3200 Bloomington Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Living Area: 5,280 SqFt

Listing Office:

  • Office Name: MRG Realty Partners, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Cedar avenue south (Highway 77), Go West on E 32nd St, property is on South West corner of 32nd and Bloomington

Price Information

Listing Price Info

Price Summary:

  • List Price: $664,900
  • Price Per SqFt: $126/SqFt

Tax Information:

  • Annual Amount: $10,595
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

3200 Bloomington Ave vs Minneapolis

103 DAYS ON ROCKET

+70 Days

$664,900

+$314.9K More

$126/SqFt

-$76 Less

KEY TAKEAWAY

This property is $314.9K more than the Median Sold Price and $76/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: #6596769

Listing Office:

  • Office Name: MRG Realty Partners, LLC

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:22:49 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

Oct 18, 2010Home Sold
$198,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,595$632,500
2019$10,170$575,000
2018$9,324$513,500
2017$7,979$435,000

History based on county public records data.

Payment Calculator

$3,386

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,060

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1054479
4
/10

  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.76 miles

  • Public Magnet Grades PK-5

school-card-donut-1054480
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 0.91 miles

  • Public Charter Grades PK-4

school-card-donut-1054481
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,955. The majority of Minneapolis, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3200 Bloomington Ave

This home is located at 3200 Bloomington Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 5,280 square foot home was built in 1912. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $664,900.

Minneapolis, MN housing market in November 2024 saw over 283 listings sold above listed price, more than 203 sold at listed price and over 403 sold below. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

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

More Resources