$990,000
3528 Bloomington Avenue Minneapolis, MN 55407
Active Contingent MLS# 7046526
5,000 sq ft Commercial
Details for 3528 Bloomington Avenue
MLS# 7046526
Description for 3528 Bloomington Avenue, Minneapolis, MN, 55407
This beautifully updated multi-family property has been completely renovated from top to bottom, offering a rare combination of modern finishes, efficient systems, and low ongoing operating costs. Every unit has been thoughtfully redesigned to meet today’s tenant and owner-occupant expectations, making this an outstanding long-term investment.Each unit features brand-new kitchens with modern cabinetry, countertops, and appliances, along with fully renovated bathrooms finished with clean, contemporary materials. In-unit laundry has been added to every residence, a highly desirable amenity that increases rental appeal and reduces tenant turnover.Unlike many older multi-family properties, this building offers:*** separate forced-air furnaces and central air conditioning systems for each unit, allowing individual climate control and simplifying maintenance. ***Tenants are billed directly for their own gas and electric, significantly reducing owner expenses and providing predictable, efficient operations.With updated systems throughout, a new owner will benefit from low utility costs, minimal deferred maintenance, and reduced repair risk, creating a true plug-and-play investment. Whether you are a seasoned investor looking to add a stabilized asset to your portfolio or an owner-occupant seeking to offset your housing costs with rental income, this property checks all the boxes.The combination of a full renovation, modern amenities, separate utilities, and strong rental demand makes this a rare opportunity in today’s market. Turn-key, low-maintenance, and built for cash flow, this is the kind of asset that performs well both now and long term.Add this exceptional property to your portfolio today. Great DSCR Loan Option.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active Contingent-Inspection
Bedrooms: 9
Bathrooms: 6
Lot Size: 0.14 Acres
Square Feet: 5,000 sq ft
Year Built: 1919
Foundation: 5,000 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Bloomington Ave Add
Number Of Units Total: 6
Current Use: Residential
County: Hennepin
Days On Market: 68
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Electric Water Heater, Gas Water Heater, Stainless Steel Appliances, Dryer, Dishwasher, Washer, Refrigerator, Range, Microwave
Flooring: Luxury Vinyl Tile,Wood
Basement: Full, Finished (Livable), Storage/Locker, Egress Windows
Doors/Windows: Insulated Windows, Blinds
Additional Interior Features: Kitchen Window, Hardwood Floors, Washer/Dryer Hookup
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 3
Parking Description: Detached Garage, Driveway - Concrete
Exterior: Fiber Board, Stucco
Roof: Age Over 8 Years, Rubber
Lot Dimensions: 123x50
Zoning: Residential-Multi-Family
Topography: Level
Fencing: Privacy
Additional Exterior/Lot Features: Tree Coverage - Light, Land Inclusions - Building,Leases, Road Frontage - City, Curbs, Paved Streets, Sidewalks
Driving Directions
35W to 36th Street East to Bloomington Ave S (north) to property
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric,Gas,Heat,Hot Water,Telephone
Owner Pays: Lawn,Maintenance/Repair,Management,Sewer,Snow,Taxes,Trash,Water
Gross Income: 117000
Tax/Property ID: 0202824420129
Tax Amount: 13782
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3528 Bloomington Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3528 Bloomington Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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