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3602 Bloomington Ave, Minneapolis, MN, 55407

4beds
2baths
2,744sqft
$330,000
$120price/sqft
$2,497/moest. monthly cost
$99,880/yrincome needed

About This Home

Enjoy an affordable investment opportunity or owner-occupied gem! This charming duplex features two spacious two-bedroom, one-bath units—perfect for those looking to live in one unit while earning rental income from the other, or an investors next cash flow property. Don’t miss this chance to secure a versatile property in a desirable location—schedule your showing today! Enjoy being moments from Powderhorn Park just blocks away!

Getting Around

76
WalkingVery Walkable
51
TransitGood Transit
82
BikeVery Bikeable

Schools

6/10
--
Andersen CommunityGrades PK-81.1 mi
6/10
South Senior High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1890

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Appliances

  • Laundry features: In Basement,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Finished area below ground: 748
  • Finished area above ground: 1,996

Heating

  • Heating features: Boiler,Forced Air,Radiator

Interior Area

  • Total structure area: 2,744
  • Total interior livable area: 2,744 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0202824430002
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1101

Features

  • Levels: Two
  • Pool features: None
  • Topography of land: Level

Lot

  • Lot size: 3,920 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 32 x 122 x 32 x 122

Parking

  • Parking features: Asphalt,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$225$2,700
Property Taxes $373$4,476
Electricity $231$2,777
Total$2,497$29,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,611/yr
40% on housing$74,910/yr
45% on housing$66,586/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 55407$128
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55407$218
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$320,000
2026-07-15Price change$330,000
2026-06-11Listed for sale$335,000
2024-11-15Sold$285,000
2024-10-22Pending sale$279,000
2024-10-03Listed for sale$279,000
2021-12-07Listing removed--
2021-10-15Price change$335,000
2021-09-17Listed for sale$350,000
2003-03-26Sold$185,000
2002-02-07Sold$92,600

For Sale by Agent

AgentKaren Nielsen
BrokerageLakes Sotheby's International Realty

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