1092 18th Ave SE Minneapolis, MN 55414
Como NeighborhoodEstimated payment $3,025/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,504
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40x137
- Few Trees
Parking
- 3 Car Detached Garage
Home Design
- Duplex
- Stucco Exterior
Interior Spaces
- 2,301 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Bathrooms
Utilities
- Boiler Heating System
Listing and Financial Details
- The owner pays for exterior maintenance, grounds care, HVAC maintenance, insurance, repairs, management, roof maintenance, sewer, taxes, trash collection, water
- Assessor Parcel Number 1902923220080
Community Details
Overview
- 2 Units
- Ways Add Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,504 | $395,100 | $79,000 | $316,100 |
| 2024 | $7,387 | $405,000 | $79,000 | $326,000 |
| 2023 | $6,654 | $416,000 | $79,000 | $337,000 |
| 2022 | $6,625 | $402,000 | $63,000 | $339,000 |
| 2021 | $6,225 | $390,000 | $43,000 | $347,000 |
| 2020 | $6,540 | $381,000 | $38,400 | $342,600 |
| 2019 | $6,107 | $370,000 | $25,600 | $344,400 |
| 2018 | $5,272 | $336,500 | $25,600 | $310,900 |
| 2017 | $5,135 | $274,000 | $23,300 | $250,700 |
| 2016 | $5,021 | $249,000 | $23,300 | $225,700 |
| 2015 | $5,263 | $249,000 | $23,300 | $225,700 |
| 2014 | -- | $249,000 | $30,100 | $218,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | Price Changed | $1,720 | 0.0% | $1 / Sq Ft |
| 06/08/2026 06/08/26 | For Rent | $1,720 | 0.0% | -- |
| 05/04/2026 05/04/26 | For Sale | $437,000 | 0.0% | $190 / Sq Ft |
| 05/03/2026 05/03/26 | Off Market | $1,595 | -- | -- |
| 04/23/2026 04/23/26 | For Rent | $1,595 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | Results Title | |
| Warranty Deed | $338,900 | -- | |
| Warranty Deed | $50,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,250 | New Conventional | |
| Closed | $50,000 | Commercial | |
| Closed | $200,000 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 7056792
APN: 19-029-23-22-0080
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.