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$437,000

  • For Sale
  • Active
  • Duplex
  • 7 Beds
  • 2 Total Baths
  • 2,301 Sq. Ft.
  • 3 Car Garage
  • Updated 3 days ago
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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.

Full Property Details for 1092 18th Ave SE

General

  • Price: $437,000
  • Taxes: $7,503 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7056792
  • Updated: 5/5/2026
  • Added to Site: 7 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Shared Amenities: Laundry

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Ways Add
  • Neighborhood: 14
  • Driving Directions: 35W N, E onto E Hennepin Ave, S onto 18th Ave SE.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1186
  • Disability Access: None
  • Square Feet: 2,301
  • Above Ground: 2,301 Sq. Ft.
  • Below Ground: 1,186 Sq. Ft.
  • Finished Down/Base.: 3,487 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 40 x 137
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage

Financial Considerations

  • Tax Amount: $7,503.6
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Roof Maintenance, Sewer, See Remarks, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Common Area Maintenance, Electricity, Fuel, Gas, Heat, Hot Water, Lawn Care, Snow Removal, See Remarks
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 024 BLOCK 001 WAYS ADDN TO MPLS
  • Property ID: 1902923220080

Listed by Real Listings

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— 1092 18th Ave SE —

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Schools serving 1092 18th Ave SE

School District:Minneapolis Public School District
NameGradesDistance
Pillsbury Elementary School
2250 Northeast Garfield Street, Minneapolis, MN 55418
PK-51.4 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-82.2 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1092 18th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/04/2026
Listed
$437,000
10.63%
MLS
9/27/2019
Sold
$395,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1092 18th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,387
11%
$405,000
-3%
2023
$6,654
3%
$416,000
3%
2023
$6,472
—
$402,000
3%
2023
$6,472
-1%
$390,000
5%
2020
$6,540
7%
$370,000
10%
2019
$6,107
16%
$336,500
17%
2018
$5,272
3%
$287,500
5%
2017
$5,135
2%
$274,000
10%
2016
$5,021
-5%
$249,000
—
2015
$5,263
-7%
$249,000
—
2014
$5,652
-4%
$249,000
—
2013
$5,879
—
$249,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1092 18th Avenue SE, Minneapolis, MN 55414 (MLS# 7056792) is a Duplex property with 7 bedrooms and 0 full bathrooms. 1092 18th Avenue SE is currently listed for $437,000 and was received on May 01, 2026. Want to learn more about 1092 18th Avenue SE? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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