$437,000
 $2,346 est/mo Sourced by Back At You

1092 18th Avenue SE,Minneapolis, MN 55414

Minneapolis, MN 55414

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Description

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.

Details

MLS #7056792
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site112
Listing Provided ByReal Listings | Cory Pflipsen

Features

Bed(s)7
Bath(s)2
SQ Feet2,301
Garage3
BasementY
Units2
ZoningResidential-Multi-Family
Acreage0.13

Interior

HeatingBoiler

Exterior

Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Medium

Parking

Parking FeaturesDetached Garage

Taxes

Property7503

Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55414
Area14
Community NameWays Add
School District1
High SchoolMinneapolis
Listing VS Median (in Ways Add)
Price:
$437,000
low | high
Med:
$276,000
86.842105263158% of Average
sqft:
2,301
low | high
Med:
1,913
66.883963494133% of Average
$ / sqft:
$190
low | high
Med:
$133
80.133651056776% of Average
On site:
112
low | high
Med:
57
100% of Average
Sourced by Back At You

Market Activity 55414

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 21, 2026 at 4:51:17 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinneapolis
Zip Code55414
Area14
Community NameWays Add
School District1
High SchoolMinneapolis
Listing VS Median (in Ways Add)
Price:
$437,000
low | high
Med:
$276,000
86.842105263158% of Average
sqft:
2,301
low | high
Med:
1,913
66.883963494133% of Average
$ / sqft:
$190
low | high
Med:
$133
80.133651056776% of Average
On site:
112
low | high
Med:
57
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $327K - $546K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1714 E Hennepin Avenue Property Photo 1
$499,900
1714 E Hennepin Avenue
Minneapolis, MN 55414
Listing Updated: August 17, 2026 at 9:03:27 AM PDT
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