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427 16th Avenue N, Saint Cloud, MN 56303

New Listing

$290,000

Property Type: Multi-Family Bedrooms: 4 Baths: 3 Square Footage: 2,417 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $290,000 List Date: 7/09/2026 Last Modified: 7/10/2026

Overview

Description

Great income-generating rental property with long-term tenants! Two houses, three total units, all on one parcel (427 16th Ave N is the larger home and 1608 5th St N is the smaller home). Many updates have been done throughout the property, making this a must-see investment opportunity!

Listing Details MLS# 7106870

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 808
Above Ground SqFt: 1617
Below Grd Total SqFt: 800
Total SqFt: 2417
Foundation Size: 800
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1617.00
Garage Stalls: Yes
Lot Dimensions: 100x78
Acres: 0.18
Assessment Pending: No

Property Features

Accessible: None Basement: Storage Space; Unfinished Construction Status: Previously Owned Exterior: Fiber Board Foundation: Poured Concrete Fuel: Natural Gas Heating: Boiler; Forced Air Sellers Terms: Contract for Deed Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 290000
ListPrice: 290000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 427
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56303
Complex/Dev/Subdivision: Edelbrocks Add

Assessments

Tax With Assessments: 2726
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1617

More Information

Income and Expenses

Annual Electric Expense: 1392
Annual Gross Expenses: 8044
Annual Gross Income: 32928
Annual Insurance Expense: 5076
Annual Net Income: 24884
Annual Trash Expense: 1576
Total Annual Expenses: 8044
Annual Caretaker Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 240

Public Survey Info

Range#: 28
Section#: 11
Township#: 124

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 10176
Finished SqFt: 808
Full Baths: Yes
Monthly Rent: 848
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 13800
Finished SqFt: 808
Full Baths: Yes
Monthly Rent: 1150
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 8952
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 746
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit Details

Total Units: 3

Office/Member Info

Association: SCAAR

Location, Tax and Other Information

Legal Description: EDELBROCKLOT 1 & N1/2 OF LOT 2 ZAPP & MOOSEBRUGGER'S SUB ZAPP&MOOSBRUGER'S SUBD BLK 31, EDELBROCKS ADD SECTION 11 TOWNSHIP 124 RANGE 028
Listing City: Saint Cloud
Map Page: 231
Municipality: Saint Cloud
School District: St. Cloud
School District Phone: 320-253-9333
Zip Plus 4: 1967
Property ID Number: 82528120000
Tax Year: 2024
Tax Amount: 2726
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great income-generating rental property with long-term tenants! Two houses, three total units, all on one parcel (427 16th Ave N is the larger home and 1608 5th St N is the smaller home). Many updates have been done throughout the property, making this a must-see investment opportunity!
Directions: From 3rd Street, head North onto 16th Avenue.

Accessible

None: Yes

Basement

Storage Space: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Fiber Board: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes

Sellers Terms

Contract for Deed: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Listing Office: Edina Realty, Inc

Last Updated: July - 10 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.