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Listed price in listed location currency (USD).
$409,900

322

MLS® 7087799

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 3072 sqft
Garage Yes
Taxes $7,125
Days Active 0
Lot Size 
Approx. Age 1954
Avg. Price Per Sqft $133
MLS® Number 7087799

Property Address: 4240 Bloomington Ave, Minneapolis, MN, 55407-3335

Average square foot calculated using Size range provided by listing agent.

Description

South Minneapolis side-by-side duplex with immediate rental income, flexible occupancy, and strong house-hack potential. This one-level duplex features two separate units: the left unit is vacant and offers 2 bedrooms and 1 bathroom, while the right unit is occupied and offers 1 bedroom and 1 bathroom. The right-side tenant is currently paying $1, 500/month on a month-to-month lease and would like to stay, giving the next owner immediate income with flexibility. The tenant is also paying their own utilities, and each unit has separate air conditioning, creating better comfort and separation between the two spaces. Inside, the property offers practical layouts with bright living areas, hardwood floors, neutral finishes, functional kitchens, gas ranges, clean bathroom finishes, basement laundry/storage, and useful lower-level space. The property also includes a 2-car detached garage in the back, providing added parking, storage, or potential additional rental value. For a house-hack buyer, this is a great setup: move into the vacant 2-bedroom unit and let the rental income from the occupied 1-bedroom unit help offset the monthly payment. For an investor, it offers existing income, simple unit separation, garage utility, and long-term rental upside in a central South Minneapolis location near neighborhood amenities, parks, major roads, and everyday conveniences. Whether you’re looking to owner-occupy, build equity, or add a manageable income-producing property to your portfolio, 4240 Bloomington Ave offers flexibility, cash flow potential, and a smart path into multifamily ownership.
MLS® Number7087799
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1954
BasementFinished, Full
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$409,900List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $345,000 and $442,000.
Similar properties in this area sold on average for: $345,940
Expected to sell in 33 days. Similar properties sold in 33 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
4240 Bloomington Ave, Minneapolis, MN

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