3420 Bloomington AvenueMinneapolis, MN 55407
$675,000
6,600 finished sq ft · 0.14 acre lot
About this home
Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1961
- Finished sq ft
- 6,600
- Lot
- 0.14 acres
- Basement
- Finished, Full
- Heating
- Natural Gas, Hot Water
- Cooling
- Ceiling Fan(s), Wall Unit(s)
- Property taxes
- $14,699 a year
- Listed
- November 3, 2026
- MLS number
- 7168478
Listing courtesy of Apartment Cash Flow, Inc. (Nathan P. Opatz). MLS #7168478.
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How it compares
3420 Bloomington Avenue, Minneapolis, MN 55407 is a single-family home built in 1961 in Powderhorn Park, listed for $675,000 on November 3, 2026 by Apartment Cash Flow, Inc.. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $102 per square foot here against $207 for the group). That works out to $102 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 6:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Powderhorn Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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