2920 18 Avenue NW Rochester, MN - Image 12920 18 Avenue NW Rochester, MN - Image 22920 18 Avenue NW Rochester, MN - Image 32920 18 Avenue NW Rochester, MN - Image 42920 18 Avenue NW Rochester, MN - Image 52920 18 Avenue NW Rochester, MN - Image 62920 18 Avenue NW Rochester, MN - Image 72920 18 Avenue NW Rochester, MN - Image 82920 18 Avenue NW Rochester, MN - Image 92920 18 Avenue NW Rochester, MN - Image 102920 18 Avenue NW Rochester, MN - Image 112920 18 Avenue NW Rochester, MN - Image 122920 18 Avenue NW Rochester, MN - Image 132920 18 Avenue NW Rochester, MN - Image 142920 18 Avenue NW Rochester, MN - Image 152920 18 Avenue NW Rochester, MN - Image 162920 18 Avenue NW Rochester, MN - Image 172920 18 Avenue NW Rochester, MN - Image 18

$384,000

2 Beds 1 Baths 2,496 SQFT 0.19 Acres
Type: Multi-Family

2920 18 Avenue NW
Rochester, MN 55901

MLS#: 7080386
Matthew Wheeler
Matthew Wheeler
The Real Estate Advantage
Phone: 507.701.8963
Office: 651.272.4688
Presented by: WightmanBrock Real Estate Advi

Property Description

 

First time ever offered for sale, this original-owner duplex presents a rare opportunity for both owner-occupants and investors alike. Built in 1977 and thoughtfully maintained through private ownership and management, the property reflects years of consistent care and pride of ownership. Each side-by-side unit offers approximately 1,200 square feet, with private exterior entrances and a detached single-car garage space, creating a desirable setup for tenants seeking privacy and convenience. The functional floor plan features the living room, dining area, and kitchen on the upper level, while the lower level includes two bedrooms, a full bath, and in-unit laundry. Separately metered utilities allow tenants to pay all utilities directly, simplifying management and reducing owner expenses. Flexible current lease terms provide options for future occupancy or investment strategy. Conveniently located in the NW Crescent Park neighborhood, it is on the bus line. This property offers strong rental appeal and long-term potential, with a proven layout that continues to attract reliable tenants.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,280 sqft
BasementDaylight/Lookout Windows, Finished, Full
Basement (Y/N)Yes
Below Grade Finished Area1,216 sqft
FuelNatural Gas
Garage Square Feet440
Laundry FeaturesElectric Dryer Hookup, Laundry Closet, In Unit, Washer Hookup

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesNone
CityRochester
Construction MaterialsFrame
ContingencyNone
CountyOlmsted
DirectionsHwy 52. Take 37th St exit EAST. Right on 18th Ave NW. Duplex is on the left.
Electric100 Amp Service
Electric Expense0
Elementary SchoolElton Hills
Fuel Expense0
Garage Spaces2
Gross Income22200
HeatingBaseboard, Boiler
High SchoolJohn Marshall
High School DistrictRochester
Insurance Expense2310
Land Lease Y/NNo
Lender OwnedNo
LevelsSplit Entry (Bi-Level)
Living Area2,496 sqft
Lot Size UnitsAcres
MaintenanceExpense2400
Middle/Junior High SchoolJohn Adams
Net Operating Income17490
New ConstructionNo
Number Of Units Total2
Operating Expense4710
OwnerPaysGrounds Care, Sewer
PostalCityRochester
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCrescent Park 10th
Tax Annual Amount$5,172
Tax Year2026
Tenant PaysAll Utilities
Trash Expense0
Water Sewer Expense0
Year Built1977
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,560 sqft
FencingNone
Foundation Area1,280 sqft
Lot Dimensions110x76
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Concrete
Road Frontage TypeCity Street, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School John Adams Middle School
Elementary School Elton Hills Elementary School
High School John Marshall High School

  

Similar Properties

$384,000

2 Beds 1 Baths 2,496 SQFT 0.19 Acres
Type: Multi-Family

2920 18 Avenue NW
Rochester, MN 55901

MLS#: 7080386
Matthew Wheeler
Matthew Wheeler
The Real Estate Advantage
Phone: 507.701.8963
Office: 651.272.4688