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8843 18th Avenue S, Bloomington, MN 55425

Status: Sold

4 units
3,128 sq ft 2 garage spaces

$555,000

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 8843 18th Avenue S, Bloomington, MN 55425 - MLS# 7120539
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1962
Type of Property:
Multi Family Residence
Style:
Apartment
Stories/Levels:
2 Story
Total SqFt:
3,128
Total Fnsh'd SqFt:
3,128
Above Ground SqFt:
1,564
Finished Above Grade:
1,564
Below Ground SqFt:
1,564
Finished Below Grade:
1,564
Garage Stalls:
2
Garage SqFt:
484
Main Floor SqFt:
1,564
Approx Lot Dimensions:
98 x 135
Approx Number of Acres:
0.3
Income and Expenses
Gross Income:
$50,700
Total Expenses:
$0

A closer look at the location.

Old Shakopee Road to Old Cedar Ave, North to 89th, West to 18th Ave S, North to driveway on 18th on East side.

This listing has been entered by the following office: Edina Realty, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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