338 18th Avenue NE, Minneapolis, MN 55418 (MLS# 7144651)

338 18th Avenue NE, Minneapolis, MN 55418

$1,100,000
Property Type: Commercial Square Footage: 6,850 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $1,100,000 List Date: 9/18/2026 Last Modified: 9/18/2026

Overview

Description

18th Avenue Apartments consists of two separately parceled multifamily properties located at 338 and 344-346 18th Avenue NE in the Holland neighborhood of Northeast Minneapolis. The property at 338 18th Avenue NE includes an eight-unit apartment building situated on a 0.32-acre parcel. The unit mix consists of one studio and seven one-bedroom residences. Every residence features new LVT or tile flooring, while a majority also include granite countertops, subway tile backsplashes, and dishwashers. The neighboring property at 344-346 18th Avenue NE includes a duplex situated on a separate 0.12-acre parcel. The duplex contains two two-bedroom residences, bringing the combined property to 10 units across 0.44 acres. The properties also provide 12 off-street parking spaces, including eight surface spaces and four garage stalls. Both buildings were constructed in 1961 and are located a few blocks from Bottineau Field Park and Recreation Center, which includes a baseball diamond, soccer fi ...

Listing Details MLS# 7144651

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
8
Owner Occupied
No
Waterfront YN
No
Year Built
1961
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
3961
Garage Stalls
4
For Sale or Lease
For Sale
Acres
0.44
Lot Dimensions
71.00 X 201.00 & 40.00 X 130.00
Assessment Pending
No

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Gas; Sewer; Trash Collection; Water Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1100000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
338
Street Name
18th
Street Suffix
Avenue
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55418
Complex/Dev/Subdivision
Cobbs Add To St Anthony

Additional Parcels Information

Property ID #2
1102924340145

Assessments

Tax With Assessments
23015.24

More Information

Building Information

Building Finished SqFt
6850
Building SqFt
6850

Income and Expenses

Annual Gross Expenses
72858
Annual Gross Income
146288
Annual Net Income
73430

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
11
Township#
29

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
7

Unit 2

No. of 2 Bedroom Units
2

Unit Details

Total Units
10

Unit Information

No. of Efficiency Units
Yes
IDX
Listing Office: Marcus & Millichap
Last Updated: September - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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