




8843 18th Ave S, Bloomington, MN, 55425
7beds
4baths
3,128sqft
$575,000
$184price/sqft
$4,265/moest. monthly cost
$170,600/yrincome needed
About This Home
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.
Getting Around
55
0
63
Schools
5/10
4/10
3/10
Construction
Condition
- Year built: 1962
Materials
- Roof: Age 8 Years or Less,Asphalt
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Appliances
- Laundry features: In Basement,Common Area,Gas Dryer Hookup,Laundry Room,Sink,Washer Hookup
Basement
- Has basement: Yes
- Basement: Block,Egress Window(s),Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Finished area below ground: 1,564
- Finished area above ground: 1,564
Heating
- Heating features: Baseboard,Hot Water
Interior Area
- Total structure area: 3,128
- Total interior livable area: 3,128 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1102724140073
- Zoning description: Residential-Multi-Family
- Foundation area: 1564
Features
- Levels: Two
- Pool features: None
- Fencing: Chain Link,Partial
- Topography of land: Level
Lot
- Lot size: 0.30 Acres
- Features: Near Public Transit,Corner Lot
- Lot size dimensions: 98 x 135
Parking
- Total spaces: 2
- Parking features: Detached Garage,Parking Lot,Paved Lot,Storage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
