Saint Paul, MN 55104

New Listing
$1,250,000
Property Type: Commercial Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $1,250,000 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

Description

Exceptional investment opportunity to own a 12-unit apartment building in a convenient Saint Paul location. This well-maintained property features a strong mix of updated units with modern finishes, including renovated kitchens and bathrooms, stainless steel appliances, and newer flooring. Residents enjoy on-site laundry, off-street parking, and easy access to shopping, restaurants, parks, public transit, and major highways. The property offers strong in-place income with additional upside through continued interior improvements and long-term rent growth. Whether you're expanding an existing portfolio or making your first multifamily acquisition, this is an excellent opportunity to own a solid asset in one of Saint Paul's established rental markets. Financial information available upon request.

Listing Details MLS# 7114843

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
12
Owner Occupied
No
Waterfront YN
No
Year Built
1963
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
3477
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.27
Lot Dimensions
90x179x75x136
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Leased Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable Basement: Full CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water; Radiant Loan Terms: Cash; Conventional; Trade Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Separate Owner Pays: Common Area Maintenance; Heat; Insurance; Lawn; Lawn; Snow Removal; Taxes Parking Characteristics: Parking Lot; Paved Lot Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Rubber Sewer: City Sewer/Connected Stories: Three Or More Tenant Pays: Broadband; Electricity Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Midway Heights

Assessments

Tax With Assessments
28644
Assessment Balance
0

Building Information

Building Finished SqFt
10431

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
28
Township#
29

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
Yes

Unit 2

No. of 2 Bedroom Units
11

Unit Details

Total Units
12

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
MIDWAY HEIGHTS LOTS 2O AND LOT 21 BLK 16
Listing City
Saint Paul
Map Page
107
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
3837
Property ID Number
282923340174
Tax Year
2025
Tax Amount
28644
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional investment opportunity to own a 12-unit apartment building in a convenient Saint Paul location. This well-maintained property features a strong mix of updated units with modern finishes, including renovated kitchens and bathrooms, stainless steel appliances, and newer flooring. Residents enjoy on-site laundry, off-street parking, and easy access to shopping, restaurants, parks, public transit, and major highways. The property offers strong in-place income with additional upside through continued interior improvements and long-term rent growth. Whether you're expanding an existing portfolio or making your first multifamily acquisition, this is an excellent opportunity to own a solid asset in one of Saint Paul's established rental markets. Financial information available upon request.
Directions
Snelling to Minnehaha Ave West to Tatum St North to property.

Accessible

None
Yes

Air Conditioning

Wall Unit(s)
Yes

Amenities Shared

Coin-op Laundry Leased
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Hot Water
Yes
Radiant
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Owner Pays

Common Area Maintenance
Yes
Heat
Yes
Insurance
Yes
Lawn
Yes
Snow Removal
Yes
Taxes
Yes

Parking Characteristics

Parking Lot
Yes
Paved Lot
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Flat
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

Broadband
Yes
Electricity
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Trade
Yes
IDX
Listing Office: Grand Realty, LLC
Last Updated: July - 24 - 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.