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(612) 840-1224
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Michael Hunstad - Managing Broker
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(612) 840-1224

1092 18th Avenue Se, Minneapolis, MN 55414

$437,000
SQUARE FEET 3,487
MLS# 7056792
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Michael Hunstad - Managing Broker

Michael Hunstad - Managing Broker
Call: (612) 840-1224

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Ways Add
SCHOOL: Minneapolis
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Property 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 $3,760. ($45,120 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.

1092 18th Avenue Se | MLS# 7056792

This multi-family property located at 1092 18th Avenue Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $437,000. 18th Avenue Se is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyhunstad.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Garage: 3
Heating: Boiler
Lot Size: 0.13 Acres
Taxes: $7,503
Year Built: 1900

Feature Descriptions

Days on Site: 122
Foundation Size: 1186
Lot: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Dimensions: 40x137
Owners Expense: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Roof Maintenance, Sewer, See Remarks, Taxes, Trash Collection, Water
Parcel#: 1902923220080
Parking: Detached Garage
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Common Area Maintenance, Electricity, Fuel, Gas, Heat, Hot Water, Lawn Care, Snow Removal, See Remarks
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Real Listings
Agency Phone: 612-688-5273

Shown By

Agent Name: Michael Hunstad - Managing Broker
Agent Phone: (612) 840-1224
Agency Title: Counselor Realty

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Estimated Payment

$ 3,078.61 per month $2,325.90 Principal & Interest $625.25 Property Tax $127.46 Homeowner's Insurance

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Michael Hunstad - Managing Broker
Michael Hunstad - Managing Broker Office: (763) 231-5006 Cell: (612) 840-1224 Fax: (763) 427-8623 Email Me


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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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