1092 18th Ave SE

Minneapolis MN 55414

3487 sq. ft.

0.13 ac.

Duplex

Currently for sale - view listing

Overview

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.

Features

7 bedrooms

2 bathrooms

3 carspaces

3 garage spaces

3487 sq. ft. floor area

0.13 ac. lot size

Duplex

Property history for 1092 18th Ave SE

2019

Sold

$395,000

01 Oct 2019 by Jason Reed, of RE/MAX Results

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Local market activity for 7 bedroom duplexes in Minneapolis

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Cory Pflipsen

at Xpace Sales LLC

View listing

Sales:: (619) 566-0008

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