8843 18th Ave S, Bloomington, MN, 55425
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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Hail
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $368 | $4,416 |
| Property Taxes | $727 | $8,724 |
| Electricity | $263 | $3,165 |
| Total | $4,265 | $51,180 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $575,000 |
| 2010-09-02 | Sold | $260,000 |
| 2004-07-23 | Sold | $375,000 |
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