Home › 8936 Newton Avenue S, Bloomington, MN 55431 (MLS# 6388646)

8936 Newton Avenue S, Bloomington, MN 55431 (MLS# 6388646)

$1,350,000
8936 Newton Avenue S
Bloomington, MN 55431
MLS# 6388646
Status: Closed
16 beds  |  10 baths
Great looking 2 story apartment building with 6 two bedrooms & 4 one bedroom units
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Great looking 2 story apartment building with 6 two bedrooms & 4 one bedroom units Many of the units have been nicely updated 8936 Newton Avenue S, Bloomington, MN 55431 8936 Newton Avenue S, Bloomington, MN 55431 8936 Newton Avenue S, Bloomington, MN 55431

Property Description
Fabulous investment apartment building with 10 units - 6 two bedrooms 4 one bedrooms. Wonderful location.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-06-28
Current Price: 1350000
Closed Date: 2023-08-28
Sales Close Price: 1350000
Contingency: None
ListPrice: 1350000
List Date: 2023-06-16
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 16
Baths Total: 10
Foundation Size: 4002
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.29
Lot Dimensions: 68x165
Location Tax and Other Information
House Number: 8936
Street Name: Newton
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Bloomington
County: Hennepin
State: MN
Zip Code: 55431
Complex/Dev/Subdivision: Lundstroms Penn Lake Terrace
Assessments
Assessment Balance: 301.13
Tax With Assessments: 10035.48
Basement
Foundation Dimensions: 87x46
Building Information
Building Finished SqFt: 10000
Building SqFt: 12006
Income and Expenses
Annual Electric Expense: 940.67
Annual Fuel Expense: 7169.32
Annual Gross Income: 102700
Annual Insurance Expense: 4652
Annual Maintenance Expense: 2365
Annual Repair Expense: 9232
Annual Trash Expense: 3156
Annual Water/Sewer Expense: 3525.24
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 09
Township#: 27
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 1
Monthly Rent: 925
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Level: Main Level
Leased?: Yes
Lease Expiration Date: 2024-05-31
No. of 1 Bedroom Units: 4
Unit 10
Full Baths: 1
Lease Expiration Date: 2023-07-31
Leased?: Yes
Level: Below Ground
Monthly Rent: 825
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 3
Unit Number: 10
Unit 2
No. of 2 Bedroom Units: 6
Full Baths: 1
Lease Expiration Date: 2024-02-28
Leased?: Yes
Level: Main Level
Monthly Rent: 995
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 2
Unit 3
Full Baths: 1
Leased?: No
Level: Main Level
Monthly Rent: 900
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 3
Unit 4
Full Baths: 1
Lease Expiration Date: 2025-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 900
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 4
Unit Number: 4
Unit 5
Full Baths: 1
Lease Expiration Date: 2024-05-31
Leased?: Yes
Level: Main Level
Monthly Rent: 950
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 5
Unit 6
Full Baths: 1
Lease Expiration Date: 2024-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 950
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 6
Unit 7
Full Baths: 1
Lease Expiration Date: 2023-09-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 925
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 7
Unit 8
Full Baths: 1
Leased?: No
Level: 2nd Level
Monthly Rent: 800
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 4
Unit Number: 8
Unit 9
Full Baths: 1
Lease Expiration Date: 2023-07-31
Leased?: Yes
Level: Below Ground
Monthly Rent: 825
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 3
Unit Number: 9
Unit Details
Total Units: 10
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Leased
Appliances: Range; Refrigerator
Basement: Concrete Block; Egress Windows
CMU Style: Apartments/Multi Family
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Flooring: Carpet; Luxury Vinyl Plank
Fuel: Electric; Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lot Description: Corner Lot; Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate
Owner Pays: Fuel; Insurance; Lawn; Lawn; Maintenance/Repair
Parking Characteristics: Paved Lot
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights
Roof: Age Over 8 Years; Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity
Topography: Level
Wall Description: Finished
Water: City Water/Connected

Listing Office: Coldwell Banker Realty

Last Updated: August - 07 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 3rd of June 2026 04:12 AM

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