Home › 1092 18th Avenue SE, Minneapolis, MN 55414 (MLS# 7056792)

1092 18th Avenue SE, Minneapolis, MN 55414 (MLS# 7056792)

$437,000
1092 18th Avenue SE
Minneapolis, MN 55414
MLS# 7056792
7 beds  |  2 baths  |  3487 sqft
1092 18th Avenue SE, Minneapolis, MN 55414
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Property Description
Fully rented duplex near the University of Minnesota with strong rental history and consistent demand. This 3-story property offers 6 bedrooms, 2 bathrooms, and over 2,450 finished square feet, with spacious layouts and nice updates. Monthly rental income is $3,860. ($46,320 annual rental income) Potential for tri-plex conversion with high ceilings in the basement (buyer to verify), offering an opportunity to increase rental income and overall property value. Detached 3-car garage adds value for tenants and provides additional income potential. Prime location close to campus, restaurants, and major highways, making this a solid investment opportunity with long-term upside in a high-demand rental area.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 437000
Original List Price: 437000
ListPrice: 437000
List Date: 2026-05-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 7
Baths Total: 2
Main Floor Total SqFt: 1191
Above Ground SqFt: 2301
Below Grd Total SqFt: 1186
Total SqFt: 3487
Foundation Size: 1186
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2301.00
Garage Stalls: 3
Lot Dimensions: 40x137
Acres: 0.13
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 1092
Street Name: 18th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Ways Add
Assessments
Tax With Assessments: 7503.6
Building Information
Finished SqFt Above Ground: 2301
Income and Expenses
Annual Gross Income: 46320
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 713
Public Survey Info
Range#: 23
Section#: 19
Township#: 29
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 21840
Finished SqFt: 1191
Full Baths: 1
Monthly Rent: 1820
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 7
Unit 2
Furnished?: No
Leased?: Yes
Level: Multi-Level
Unit Number: 2
Annual Rent: 23400
Finished SqFt: 1191
Full Baths: 1
Monthly Expense: 235
Monthly Rent: 1950
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 4
Total Rooms: 7
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility
Basement: Unfinished
Construction Status: Previously Owned
Exterior: Stucco
Foundation: Other
Fuel: Natural Gas
Heating: Boiler
Lock Box Type: Combo
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium
Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Maintenance/Repair; Management; Repairs; Roof Maintenance; See Remarks; Sewer; Taxes; Trash Collection; Water
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Tenant Pays: Broadband; Cable TV; Common Area Maintenance; Electricity; Fuel; Gas; Heat; Hot Water; Lawn; See Remarks; Snow Removal
Unit 1 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator; Washer
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 2 Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: None
Water: City Water/Connected

Listing Office: Real Listings

Last Updated: July - 10 - 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.

Tuesday 14th of July 2026 12:57 PM

218-998-4400

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