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3412 Bloomington Ave S
Minneapolis, MN 55407 Powderhorn Park

$1,900,000 USD

Apartments For Sale • 15,408 SF

Property Details

Property Type Apartments
Total Building Size 15,408 SF
Lot Size 0.28 AC
Building Class C
Year Built 1962
Cap Rate 7.74 %
Zoning R2B

70 Transit Score

80 Walk Score

                
                    Highlights
                
                                Newer Vinyl Replacement Windows
                            
                                New Flat TPO Roof
                            
                                Great Unit Mix of 12-2bd and 6-1bd apartments 
                            
                                Four Attached Tuck Under Garages

Property Flyers

3412 Bloomington 18 units $1.9M

Financial Summary (Proforma)

Net Operating Income: $147,005 USD (2026)

Cap Rate:	7.74 %
Total Expenses:	$107,269 USD

Amenities

Air Conditioning
Controlled Access
Laundry Facilities
Security System
Storage Space
Heating
Gas Range
Refrigerator
Range
Tub/Shower
Trash Compactor

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	13 min	-	4.8 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	18 min	-	8.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Nathan Opatz Apartment Cash Flow, Inc

3412 Bloomington Ave S Minneapolis, MN 55407 Powderhorn Park