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.
Active
$437,000
1092 18th Ave SE, Minneapolis, MN 55414
7beds
2baths
2,301sqft
Duplex Up and Down
Built in 1900
-- sqft lot
$430,100 Zestimate®
$190/sqft
$-- HOA
What's special
- 81 days |
- 161 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Cory Pflipsen 612-688-6043,
Real Listings
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7056792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Heating
- Boiler
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,487
- Total interior livable area: 2,301 sqft
- Finished area above ground: 2,301
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 40 x 137
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 1186
- Parcel number: 1902923220080
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ways Add
HOA
- Amenities included: Laundry
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $395,100
- Annual tax amount: $7,503
- Date on market: 5/1/2026
- Tenant pays: Broadband, Cable TV, Common Area Maintenance, Electricity, Fuel, Gas, Heat, Hot Water, Grounds Care, Snow Removal, See Remarks
- Road surface type: Paved
Estimated market value
$430,100
$409,000 - $452,000
$2,060/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $437,000+10.6%$190/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7056792 Report a problem | ||
| 2/6/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/24/2022 | Price change | $1,650-8.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/23/2021 | Listed for rent | $1,800+9.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/23/2021 | Listed for rent | $1,650-8.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/24/2020 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/18/2020 | Listed for rent | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 12/23/2019 | Listing removed | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 12/6/2019 | Listed for rent | $1,800$1/sqft |
Source: Owner Report a problem | ||
| 10/1/2019 | Sold | $395,000-7.1%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5276074 Report a problem | ||
| 8/29/2019 | Pending sale | $425,000$185/sqft |
Source: RE/MAX Results #5276074 Report a problem | ||
| 8/15/2019 | Listed for sale | $425,000+25.4%$185/sqft |
Source: RE/MAX Results #5276074 Report a problem | ||
| 7/20/2004 | Sold | $338,900+577.8%$147/sqft |
Source: Public Record Report a problem | ||
| 1/15/1997 | Sold | $50,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southeast Como
Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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