922 NE 18 1/2 Avenue NE, Minneapolis, MN 55418
MULTI_FAMILY - Minneapolis, MN
- Added:
- Jun 11, 2026
- Days on Market:
- 26
- Last Refresh:
- Jul 6 at 1:06 am
Property Features for 922 NE 18 1/2 Avenue NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Basement, Bedroom 5, Bathroom 2
- Parking features
- Garage - Detached, Driveway
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 1102924440054
- Size
- 1,902 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5444
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Roof type
- Shingle
Listing agent Lars Anderson (952) 829-2900
Listing office RE/MAX Results 1609 Hennepin Ave, Eden Prairie, MN (612) 314-1520
Listing date Jun 11, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Classic up/down duplex in Northeast Minneapolis’ Logan Park neighborhood
- Separate gas/electric utilities for each unit
- Each unit features dedicated bedrooms, full bathrooms, and functional kitchens
- Shared basement laundry
- Detached 1‑stall garage plus additional off‑street parking
- 1900 construction with forced‑air heating and a shingle roof
Overview
Located in Northeast Minneapolis in the Logan Park area, the home is positioned within minutes of local neighborhood destinations including Logan Park, Indeed Brewing, Dangerous Man, and nearby coffee shops, restaurants, and art studios. The property also offers convenient access to the Mississippi Riverfront and miles of trails and green space.
This configuration can work well for an owner-occupant seeking to live in one unit while renting the other, or for an investor looking for a straightforward two-unit setup. The separate gas/electric service supports the practical goal of distinguishing operating costs between units, while shared basement laundry and the detached garage add everyday functionality for residents.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $22.20 |
| − Vacancy | −$2.5k | −$1.33 |
| EGI | $39.7k | $20.87 |
| − OpEx | −$11.9k | −$6.26 |
| NOI | $27.8k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.247931
- Latitude
- 45.006713
