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$360,000

4 Beds 2 Baths 2,950 SQFT 0.13 Acres
Type: Multi-Family

3505 18th Avenue S
Minneapolis, MN 55407

MLS#: 7127005
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: Real Broker, LLC

Property Description

 

An incredible opportunity to own a classic South Minneapolis up-down duplex in one of the city's most iconic neighborhoods! Perfectly situated just behind the legendary Matt's Bar & Grill—home of the original Juicy Lucy—and only a few blocks from Powderhorn Park, this property offers the ideal combination of historic charm, unbeatable location, and outstanding investment potential. Inside, both units showcase the timeless character buyers love, featuring beautiful original woodwork, elegant crown moulding, and separate private entrances for added privacy and convenience. Whether you're looking to owner-occupy or expand your investment portfolio, this duplex offers flexibility and enduring appeal. Outside, improvements include a new roof, a fully fenced backyard, and a three-car detached garage—a rare and valuable feature in the city. The true hidden gem of this property is the exceptional equity-building opportunity to complete the partially finished lower level one-bedroom, one-bath unit (buyer to verify zoning, approvals, and permitting requirements), giving this property THREE rentable units. This property presents an exciting chance to increase income and maximize long-term value. Surrounded by beloved local restaurants, coffee shops, breweries, parks, and everything that makes South Minneapolis one of the city's most vibrant and sought-after communities, this is more than just a duplex—it's an opportunity to invest in location, character, and future potential.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,150 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area800 sqft
FuelNatural Gas
Garage Square Feet600

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsFrom Cedar Ave S, turn right on E 35th St, Left on 18th Ave S, Home is on the left.
Electric Expense0
Fuel Expense0
Garage Spaces3
Gross Income33180
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense3200
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,950 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense1020
New ConstructionNo
Number Of Units Total2
Operating Expense5240
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMonroe Bros Add
Tax Annual Amount$6,372
Tax Year2026
Trash Expense0
Water Sewer Expense0
Year Built1927

Exterior

Building Area Total3,340 sqft
Foundation Area1,190 sqft
Lot Dimensions46 x 124
Lot Size Area5,704 sqft
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$360,000

4 Beds 2 Baths 2,950 SQFT 0.13 Acres
Type: Multi-Family

3505 18th Avenue S
Minneapolis, MN 55407

MLS#: 7127005
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800