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$1,100,000

  • For Sale
  • Active
  • Commercial
  • 6,072 Sq. Ft.
  • 0.14 Acres
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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 responsible 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.

Full Property Details for 3528 Bloomington Ave

General

  • Price: $1,100,000
  • Taxes: $13,782 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7016299
  • Updated: 2/3/2026
  • Added to Site: 30 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring: Luxury Vinyl Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Amenities: Hardwood Floors, Kitchen Window, Washer/Dryer Hookup

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Bloomington Ave Add
  • Neighborhood: 64
  • Driving Directions: 35W to 36th Street East to Bloomington Ave S (north) to property

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Egress Window(s), Finished, Full, Storage/Locker
  • Foundation Size: 5000
  • Roof: Age Over 8 Years, Rubber
  • Disability Access: None
  • Square Feet: 6,072
  • Finished Down/Base.: 6,072 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1919

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 123 x 50
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Potential Use: Income
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage
  • Fencing (Description): Privacy

Financial Considerations

  • Tax Amount: $13,782
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Grounds Care, Repairs, Management, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Telephone
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: BLOCK 016 BLOOMINGTON AVE ADDN TO MPLS LOTS 3 AND 4
  • Inclusions: Building, Leases
  • Property ID: 202824420129

Listed by BuyRentSell.com, LLC

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— 3528 Bloomington Ave —

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NMLS#: 1598647

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with our affiliated in-house agency

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

Schools serving 3528 Bloomington Ave

School District:Minneapolis Public School District
NameGradesDistance
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.4 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-81.1 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3528 Bloomington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$1,100,000
228.36%
MLS
4/24/2014
Sold
$335,000
—
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 3528 Bloomington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,269
1%
$730,000
-11%
2023
$13,075
6%
$819,000
7%
2023
$12,301
—
$765,000
49%
2023
$12,301
45%
$512,000
7%
2020
$8,489
9%
$480,000
12%
2019
$7,780
17%
$428,500
18%
2018
$6,658
6%
$363,000
8%
2017
$6,296
2%
$336,000
5%
2016
$6,179
17%
$320,000
22%
2015
$5,293
-7%
$261,500
—
2014
$5,693
-7%
$261,500
—
2013
$6,143
—
$261,500
—
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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3528 Bloomington Avenue, Minneapolis, MN 55407 (MLS# 7016299) is a Commercial property. 3528 Bloomington Avenue is currently listed for $1,100,000 and was received on February 03, 2026. Want to learn more about 3528 Bloomington Avenue? Do you have questions about finding other Commercial real estate for sale in Powderhorn? You can browse all Powderhorn real estate or contact a Coldwell Banker agent to request more information.

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