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    • $555,000

    8843 18th Ave S, Bloomington, MN 55425

    7beds
    4baths
    3,128sqft
    Apartment
    Built in 1962
    -- sqft lot
    $554,600 Zestimate®
    $177/sqft
    $2,275 Estimated rent

    Home value

    $554,600

    $521,000 - $593,000

    $2,275/mo

    Zestimate® history
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    What's special

    Plumbing repairs completedHvac repairs completed
    Take advantage of this opportunity to acquire a well-maintained four-unit apartment building in one of the Twin Cities most desirable rental markets. The property features a strong unit mix of three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment, appealing to a broad tenant base while providing dependable income potential. Major systems have already been updated, helping preserve value and reduce future capital expenditures. New roof (2023), new water heater (2024) , new dryer (2024), washer replaced (2021), exterior trim painted (2026), HVAC repairs completed, plumbing repairs completed, tree removal for improved safety and curb appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse R. Steed 507-645-4491,

    Edina Realty, Inc.

    Bought with:

    Isaac Larson

    Jason Mitchell Group

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7120539MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Hot Water
    Appliances
    • Laundry: In Basement, Common Area, Gas Dryer Hookup, Laundry Room, Sink, Washer Hookup
    Features
    • Basement: Block,Egress Window(s),Finished,Full
    Interior area
    • Total structure area: 3,128
    • Total interior livable area: 3,128 sqft
    • Finished area above ground: 1,564
    • Finished area below ground: 1,564

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Parking Lot, Paved Lot, Storage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Pool features: None
    • Fencing: Chain Link,Partial
    Lot
    • Size: 0.3 Acres
    • Dimensions: 98 x 135
    • Features: Near Public Transit, Corner Lot
    • Topography: Level
    Details
    • Foundation area: 1564
    • Parcel number: 1102724140073
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Block
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Replat Cedar Crest
    HOA
    • Amenities included: Laundry
    Location
    • Region: Bloomington

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $506,400
    • Annual tax amount: $8,178
    • Date on market: 8/3/2026
    • Cumulative days on market: 25 days
    • Tenant pays: Electricity
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2026Sold$555,000-3.5%$177/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7120539 Report a problem
    8/28/2026Pending sale$575,000$184/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7120539 Report a problem
    8/3/2026Listed for sale$575,000+121.2%$184/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7120539 Report a problem
    9/2/2010Sold$260,000-30.7%$83/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1692519 Report a problem
    7/23/2004Sold$375,000$120/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$8,179 +9.5%$506,400 +3%
    2025$7,468 +4.5%$491,500 +3%
    2024$7,148 -1.1%$477,200 -3.3%
    2023$7,230 +6.1%$493,600 -3.5%
    2022$6,811 +3.7%$511,600 +16.5%
    2021$6,567 +2.6%$439,200 +2.4%
    2020$6,404 -2.5%$428,800 +5.4%
    2019$6,567 +2.6%$406,800 +5.6%
    2018$6,404 +18.3%$385,100 +41.1%
    2017$5,414 +20.7%$273,000 +9.8%
    2016$4,484 +3.6%$248,600 +18%
    2015$4,329 +13.5%$210,700
    2014$3,813 -17.7%$210,700 -15%
    2013$4,633 +6.7%$247,900
    2012$4,342 -0.4%$247,900 -5%
    2011$4,361 -4.2%$261,000 -3%
    2010$4,553 +6.4%$269,000 -20%
    2009$4,281 -16.7%$336,200 -9.6%
    2006$5,138 +9.9%$371,700 +2.5%
    2005$4,677 +20.3%$362,600 +25%
    2004$3,889 +9.5%$290,100 +25%
    2002$3,550 -25.8%$232,100
    2001$4,783 --
    Find assessor info on the county website

    Neighborhood: 55425

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    Estimated market value
    $554,600
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    Estimated market value
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