11 days on rocket

5212 Bloomington Ave, Minneapolis, MN, 55417

$589,000

Home List Price

$6,994*

Closing Credit

0 Baths
2,464 SqFt
$239/SqFt
Multi
Schools Nearby

Location

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5212 Bloomington Ave, Minneapolis$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDetached, Concrete, Garage Door Opener, Units Vary
Garage2 spaces
Year Built1952
HeatingForced Air
BasementYes
MLS #6526481
StatusActive

About 5212 Bloomington Ave

Fantastic triplex in a premium location. Blocks from Lake Nokomis, Triangle Park, and some of the area's best restaurants, coffee shops, breweries, and more. Each unit is 1 bedroom, 1 bathroom, and open concept kitchen/dining with separate furnaces and utilities. Two car garage, shared laundry and storage units in the basement. Strong rents and extremely low vacancy due to high demand location. Great long term investment in a strong location! Two units fully rented, one vacant. Excellent opportunity to live in one unit and have the other two pay down a huge part of your mortgage.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Living Area: 2,464 SqFt

Listing Office:

  • Office Name: Rize Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener, Units Vary

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: 50th & Minnehaha Pkwy to Bloomington, South to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $5,166
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

5212 Bloomington Ave vs Minneapolis

11 DAYS ON ROCKET

-16 Days

$589,000

+$245.3K More

$239/SqFt

+$37 More

KEY TAKEAWAY

This property is $245.3K more than the Median Sold Price and $37/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6526481

Listing Office:

  • Office Name: Rize Realty

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Last updated on: 5/20/2024, 10:22:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 04, 2017Home Sold
$338,000
Sep 12, 2006Home Sold
$352,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,166$382,500
2019$5,098$345,350
2018$4,737$310,470
2017$5,358$287,500

History based on county public records data.

Payment Calculator

$3,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4195221
7
/10

  • Washburn High School

  • 201 W 49th St

  • 1.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,511. The majority of Minneapolis, MN residents have income between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5212 Bloomington Ave

This home is located at 5212 Bloomington Ave in Minneapolis, MN and zip code 55417 in the Nokomis neighborhood. This 2,464 square foot home was built in 1952. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $589,000.

Minneapolis, MN housing market in April 2024 saw over 519 listings sold above listed price, more than 228 sold at listed price and over 337 sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. Listings spent 27 days on the market in April 2024, and had a median list price of $343,683 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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