$5,005,500
Minneapolis, MN 55420
MLS# 6609511
Status: Closed



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Property Description
Southtown Apartments is a 47-unit low-rise style market-rate apartment. This building was built in 1964 and is situated on a 2.16-acre site. Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room. Unit mix – 47-units 1 bedroom, 1 bath – 20 units 2 bedrooms, 1 bath – 23 units 2 bedrooms, 2 baths – 3 units

Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-04-02
Current Price: $5,005,500
Closed Date: 2025-06-24
Sales Close Price: 5005500
Contingency: None
ListPrice: 6800000
List Date: 2025-03-04
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 130
Waterfront YN: No
Year Built: 1964
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 412x262x407x198
Acres: 2.16
Foundation Size: 24422
Garage Stalls: 47
For Sale or Lease: For Sale
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: LOT 001 BLOCK 001 BLOOMINGTON 33RD ADDN
Listing City: Minneapolis
Map Page: 134
Municipality: Bloomington
School District: Bloomington
School District Phone: 952-681-6400
Zip Plus 4: 1878
Property ID Number: 0402724130053
Tax Year: 2024
Tax Amount: 78084
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Southtown Apartments is a 47-unit low-rise style market-rate apartment. This building was built in 1964 and is situated on a 2.16-acre site. Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room. Unit mix – 47-units 1 bedroom, 1 bath – 20 units 2 bedrooms, 1 bath – 23 units 2 bedrooms, 2 baths – 3 units
Directions: From 35W to Bloomington Freeway to building.
Accessible
Partially Wheelchair: 1
Air Conditioning
Window Unit(s): 1
Amenities Shared
Coin-op Laundry Leased: 1
Security Building: 1
Other: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 78084
Building Information
Building Finished SqFt: 73267
Construction Status
Previously Owned: 1
Exterior
Engineered Wood: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Heated Garage: 1
Pool Description
Below Ground: 1
Heated: 1
Indoor: 1
Public Survey Info
Range#: 24
Section#: 04
Township#: 27
Rental License Type
Standard: 1
Sale Options
Sale Includes: Building, Land, Leases, Other
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 47
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
CMU Style
Apartments/Multi Family: 1
Current Use
Residential: 1
Location Tax and Other Information
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55420
Complex/Dev/Subdivision: Bloomington 33rd Add
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Window Unit(s)
Amenities Shared: Coin-op Laundry Leased; Security Building; Other
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Engineered Wood
Foundation: Other
Fuel: Natural Gas
Heating: Boiler
Lock Box Type: None
On Site Utilities: Electric Separate
Parking Characteristics: Parking Lot; Heated Garage
Pool Description: Below Ground; Heated; Indoor
Rental License Type: Standard
Sewer: City Sewer/Connected
Water: City Water/Connected

IDX
Listing Office: Coldwell Banker Realty

Last Updated: June - 27 - 2026

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.