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$1,700,000

  • For Sale
  • Active
  • Commercial
  • 17,400 Sq. Ft.
  • 0.29 Acres
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Bloomington Square Apartments is located in the heart of South Minneapolis close to many shops, parks and employment. Built in 1962 this property features a total of 18-units with a mix of twelve 2bd, 1ba and six 1bd, 1ba along with a whole lower fourth level with four tuck under garages. There is plenty of extra storage and off-street parking. The exterior is maintenance free with brick and stucco and newer vinyl replacement windows. The building sits on 0.28 acres and is only a short block from the desirable Powderhorn Park. Onsite laundry and extra storage lockers. Fully leased and located in a non-rent controlled city of Minnesota. PROPERTY FACTS Year Built: 1962 Square Footage: 15,320 Units: 18 Zoning: Multiple-Dwelling Parking: 4 Attached Garage Stalls w/ Openers Plus 16 Off-Street Parking Spots Exterior: All Brick and Stucco Exterior Heating: Gas Fired Forced Air Hot Water Boiler System Air Conditioning: In the Wall Air Conditioning Units Roof: Flat Roof - Newer in Age UNIT DESCRIPTION 12 - Two Bedroom, One Bath - Approx. 800+ Sqft. 6 - One Bedroom, One Bath - Approx. 600+ Sqft PROPERTY IMPROVEMENTS Hallways and Common Areas Recently Painted Newer Hot Water Heater Newer Double-Hung Windows Throughout the Building

Full Property Details for 3412 Bloomington Ave

General

  • Price: $1,700,000
  • Taxes: $37,002 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7131152
  • Updated: 9/19/2026
  • Added to Site: 71 day(s) ago

Interior

  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Tile, Vinyl

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Attached Garage, Parking Lot, Tuckunder Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Bloomington Ave Add
  • Neighborhood: 64
  • Driving Directions: Highway 35W to Lake street Go East to Bloomington Ave S South to Building

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Basement Desc.: Partial, Storage/Locker, Storage Space
  • Foundation Size: 4350
  • Roof: Age Over 8 Years, Flat
  • Ceiling Height: 8-10
  • Disability Access: None
  • Square Feet: 17,400
  • Finished Down/Base.: 17,400 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1962

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Dimensions: 100 x 123
  • Frontage: City Street
  • Potential Use: Income, Motel/Hotel
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Operating Expenses: $107,269
  • Tax Amount: $37,002
  • Tax Year: 2026
  • Terms: Assumable, Conventional, Cash
  • Owner Pays: Electricity, Fuel, Hot Water, Insurance, Grounds Care, Repairs, Security, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 001 BLOOMINGTON AVE ADDN TO MPLS LOTS 5 6 7 AND 8
  • Inclusions: Building, Land, Leases, Rental License
  • Property ID: 202824420002

Listed by Apartment Cash Flow, Inc.

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— 3412 Bloomington Ave —

  • Apartment Cash Flow, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3412 Bloomington Ave

School District:Minneapolis Public School District
NameGradesDistance
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.5 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.9 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3412 Bloomington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/19/2026
Price Reduced
$1,700,000
-10.53%
MLS
8/20/2026
Listed
$1,900,000
-8.43%
MLS
7/13/2022
Sold
$2,075,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3412 Bloomington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$60,839
70%
$1,956,000
—
2024
$35,773
2%
$1,956,000
-11%
2023
$34,992
6%
$2,192,000
7%
2023
$32,962
—
$2,050,000
9%
2023
$32,962
5%
$1,886,000
6%
2020
$31,393
8%
$1,775,000
11%
2019
$29,062
17%
$1,600,500
18%
2018
$24,879
12%
$1,356,500
14%
2017
$22,279
12%
$1,189,000
15%
2016
$19,967
10%
$1,034,000
15%
2015
$18,196
-7%
$899,000
—
2014
$19,570
-1%
$899,000
—
2013
$19,678
—
$899,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Apartment Cash Flow, Inc.

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3412 Bloomington Avenue, Minneapolis, MN 55407 (MLS# 7131152) is a Commercial property. 3412 Bloomington Avenue is currently listed for $1,700,000 and was received on August 20, 2026. Want to learn more about 3412 Bloomington Avenue? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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