For Sale: Bloomington MLS# 7077830
Active
NEW!
$668,999
Multi-family: Duplex Side by Side
8 br • 2 ba • Built 1971
2,112 sqft • 0.42 acres
Bloomington schools
MLS# 7077830
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Property Description
Great investment opportunity with a proven 30-year rental history! Ideally located next to Southtown Shopping Mall and surrounded by numerous shops, restaurants, and everyday conveniences, this property offers strong appeal for both tenants and owner-occupants alike.
This well-maintained and move-in ready property offers comfort, functionality, and inviting indoor-outdoor living.
Step inside to a bright entryway with durable wood-look flooring and natural light that sets the tone for the rest of the home. The spacious kitchen features rich wood cabinetry, granite countertops, a double-basin undermount sinks and ample storage—perfect for everyday living and entertaining.
The main living areas offer neutral tones and comfortable finishes, including plush carpeting and large windows that bring in abundant natural light. A sliding glass door opens to a private concrete patio and beautifully maintained backyard, creating a seamless flow for gatherings, grilling, or simply relaxing outdoors. Mature trees and a generous lawn provide shade and privacy, making the backyard a true retreat.
The bedrooms are bright and inviting, with peaceful views and stylish touches. The full bathroom includes a large vanity with great counter space, updated lighting, and a tub/shower combination.
With its thoughtful layout, warm finishes, and tranquil outdoor space, this home offers the perfect balance of comfort and convenience
Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this well-maintained property in a prime location checks all the boxes.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$668,999
Price per sq ft:
$317
Property Type:
Multi-family
City:
Bloomington
Garage Spaces:
4
County:
Hennepin
Year Built:
1971
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55431
Subdivision Name:
Reservoir Park 1st Add
Interior
Bedrooms:
8
Bathrooms:
2
Finished Area:
2,112 ft2
Living Area:
2,112 ft2
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
4
Garage Dimensions:
24x20
Garage Size:
480 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
2,112 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
- Electric Dryer Hookup
- Laundry Room
- Lower Level
Lot & Land
Acres:
0.42
Geolocation:
44.855393, -93.308306
Lot Dimensions:
145 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
271
District Phone:
9526816400
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,383
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,414
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,414
Income
Annual Gross Income:
$55,968
Rent
Annual Net Income:
$43,153
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Excelsior Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.