Pending

$575,000

8843 18th Ave S, Bloomington, MN 55425

7beds

4baths

3,128sqft

$3,654/mo

Get pre-qualified

Apartment

Built in 1962

-- sqft lot

$-- Zestimate^®

$184/sqft

$-- HOA

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.

29 days
868
72

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

Video & virtual tour

View virtual tour

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: $184/sqft
Tax assessed value: $491,500
Annual tax amount: $8,178
Date on market: 8/3/2026
Cumulative days on market: 30 days
Tenant pays: Electricity
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax assessment
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	--