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4240 Bloomington Avenue
Minneapolis MN 55407 US

$409,900

Pending Listing ID 7087799
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3 bed
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Lot: 0.17 Acres
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Other

$409,900

Pending Listing ID 7087799
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4240 Bloomington Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Stucco
  • Heating Fuels: Forced Air

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 409900
  • unparsedaddress: 4240 Bloomington Avenue
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55407
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 3072
  • livingareaunits: Square Feet
  • latitude: 44.925526
  • longitude: -93.252783
  • listagentfullname: Charity Ashpole
  • listagentemail: charity.l.ashpole@gmail.com
  • listagentkey: 3yd-RMLSMN-502042244
  • listagentmlsid: 502042244
  • listagentpreferredphone: 6513308001
  • listagentofficephone: 6513308001
  • listofficekey: 3yd-RMLSMN-10669
  • listofficemlsid: 10669
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1954
  • listingcontractdate: 2026-06-04
  • listagenturl: http://www.nationalrealtyguild.com
  • countyorparish: Hennepin
  • parcelnumber: 1102824420007
  • constructionmaterials: Block
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • exteriorfeatures: Stucco
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.252785, 44.925526
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"National Realty Guild", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"randy@randyburg.com", "ListBrokerageCity":"Minneapolis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"randy@randyburg.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababf02209d90101220ae4650c00bb/20160203184541106.png", "ListBrokerageName":"National Realty Guild", "ListBrokeragePhone":"6513308001", "ListBrokeragePostalCode":"55415", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"#300", "ListBrokerageUnparsedAddress":"521 7th St S #108", "ListBrokerageWebsiteUrl":"http://www.nationalrealtyguild.com", "ListOfficeAddress1":"521 7th St S #108", "ListOfficeAddress2":"#300", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Minneapolis", "ListOfficeCountry":"US", "ListOfficeEmail":"randy@randyburg.com", "ListOfficePostalCode":"55415", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Minneapolis, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4240-Bloomington-Ave_Minneapolis_MN_55407_M82636-30948?f=listhub&s=RMLSMN&m=7087799&c=rexren", "MLSModificationTimestamp":"2026-06-17T13:25:16Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7125, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/24/2026 3:03:09 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Charity Ashpole, National Realty Guild, charity.l.ashpole@gmail.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.