338 18th Avenue NE Minneapolis, MN $ 1,100,000
338 18th Avenue NE
$ 1,100,000
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338 18th Avenue NE

Minneapolis, MN, 55418
$ 1,100,000
Bedrooms-- Baths-- Sq 6,850

Monthly Estimate*

$ 7,597

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Commercial Property for sale in Minneapolis, MN

for $1,100,000. This 6,850 square foot building was built in 1961 on a lot size of 0.44.

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 fields, an indoor gym, and additional recreational facilities.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 23,015

Style

Lot Size

0.44

Year Built

1961

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7144651

Features
General
Sewer City Sewer/Connected
Heating Boiler Forced Air
Utilities Electric Separate Heating Common Hot Water Common
Garage Spaces 4
Year Built 1961
Tenant Pays Electricity
Levels One
Tax Year 2026
Current Use Residential
Gross Income 146288
Accessibility None
Additional Parcels Description 1102924340145
County Hennepin
Net Operating Income 73430
Operating Expense 72858
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Cobbs Add To St Anthony
Directions From Broadway St NE go north on University Ave NE (Hwy 47) to 18th Ave NE. Turn right (east) onto 18th Ave NE. The property is on the right on the south side of the street between University Ave NE a
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 10
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 23015.24
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
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Exterior
Parking Features Detached Garage Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.44
Building Area Total 6850
Lot Dimensions 71.00 X 201.00 & 40.00 X 130.00
Waterfront Y/N N
Foundation Area 3961
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 338
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* Excluded Features
List By
Marcus & Millichap

Broker

Michael.Jacobs@marcusmillichap.com

Email

Affordability Calculator

$9,515
Per Month
80%
20%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
$1,918
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$1,100,000 Listed Price

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338 18th Avenue NE, Minneapolis, MN, 55418 is a Commercial Property for sale at $1,100,000 with 6,850 sqft and a lot size of 0.44. 338 18th Avenue NE was built in 1961. The property's zip code is 55418 which is in Minneapolis, MN