jackiekarlson@liveinpequotlakes.com
218-820-8447
MLS# 7168478 - 3420 Bloomington Avenue Minneapolis, MN 55407
Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-820-8447
jackiekarlson@liveinpequotlakes.com

Nisswa Office

4820 County Rd. 77
Nisswa, MN 56468
218-963-7767
jackiekarlson@liveinpequotlakes.com

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Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier

Apartment Cash Flow, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 11/4/2026 9:24:00 AM.
Equal Housing Opportunity.

Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier

Apartment Cash Flow, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 11/4/2026 9:24:00 AM.
Equal Housing Opportunity.

Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier

Apartment Cash Flow, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 11/4/2026 9:24:00 AM.
Equal Housing Opportunity.

Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier

Apartment Cash Flow, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 11/4/2026 9:24:00 AM.
Equal Housing Opportunity.