Saint Paul, MN 55104

$1,400,000
Property Type: Commercial Square Footage: 18,000 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,400,000 List Date: 6/25/2026 Last Modified: 6/26/2026

Overview

Description

Immaculate Merriam Park 13 Unit Apartment. Updated, charming apartments located a few blocks North of Summit Avenue. This apartment building is close to Macalester College, yet tucked into a neighborhood with limited traffic. The building has been updated with carpets, paint, and lighting, while maintaining the character and charm of this vintage building. The apartments feature tile bathrooms, hardwood floors, and have a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system. A well kept classic building.

Listing Details MLS# 7099272

General Property Information

Lot Measurement
Acres
Management Company Name
Relay Properties
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
6000
Garage Stalls
2
Management Company Phone
651-515-1494
For Sale or Lease
For Sale
Acres
0.18
Lot Dimensions
60x150
Assessment Pending
No
Other Parking Spaces
0

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Shared: Coin-op Laundry Owned; Patio Amenities Unit: Ceiling Fan(s); Hardwood Floors; Kitchen Window Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Full CMU Style: Apartments/Multi Family Construction Materials: Block; Brick; Frame Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick Veneer; Stucco Fencing: None Flooring: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot On Site Utilities: Electric Separate; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Wall Description: Plaster Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1400000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Schroeders Add To, The Circle

Assessments

Tax With Assessments
27970
Assessment Balance
0

Building Information

Building Finished SqFt
15000
Building SqFt
18000
Ceiling Height
8-10

More Information

Income and Expenses

Annual Gross Expenses
91303
Annual Gross Income
196347
Annual Net Income
105043

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
04
Township#
28

Sale Options

Sale Includes
Building, Land

Unit 1

No. of 1 Bedroom Units
12

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
13

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
SCHROEDERS ADDITION TO THE CI LOT 12 BLK 12
Listing City
Saint Paul
Map Page
107
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
1418
Property ID Number
042823130012
Tax Year
2025
Tax Amount
27496
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Immaculate Merriam Park 13 Unit Apartment. Updated, charming apartments located a few blocks North of Summit Avenue. This apartment building is close to Macalester College, yet tucked into a neighborhood with limited traffic. The building has been updated with carpets, paint, and lighting, while maintaining the character and charm of this vintage building. The apartments feature tile bathrooms, hardwood floors, and have a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system. A well kept classic building.
Directions
Summit Ave to Aldine St, North to Ashland

Accessible

None
Yes

Air Conditioning

Window Unit(s)
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Patio
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Kitchen Window
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Full
Yes

Construction Materials

Block
Yes
Brick
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick Veneer
Yes
Stucco
Yes

Fencing

None
Yes

Flooring

Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Lock Box Type

None
Yes

Lot Description

Corner Lot
Yes

Parking Characteristics

Parking Lot
Yes

Rental License Type

Standard
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Plaster
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

On Site Utilities

Electric Separate
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Free Standing
Yes

Documents

IDX
Listing Office: First Select
Last Updated: June - 26 - 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.
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