Building Overview

Facts

  • Type Multifamily
  • Location St. Paul MN
  • # of Buildings 1
  • Land Acres 0.13 AC
  • Building SF 6,966 SF
  • Metered Individually
  • Hot Water Heater Replaced 2023

Fully Stabilized 6-Unit Apartment Community providing dependable in-place cash flow with 100% occupancy.

Premier St. Paul Location in the highly desirable Merriam Park/Summit area, just minutes from the University of St. Thomas, Macalester College, St. Catherine University, and Concordia University, supporting exceptional and consistent rental demand.

Excellent Walkability & Connectivity with convenient access to Grand Avenue, Summit Avenue, the Mississippi River trails, shopping, dining, and public transit, making the property attractive to both students and professionals.

New Hot Water Heater Installed in 2023, reducing near-term capital needs and providing added peace of mind for new ownership.

Strong Long-Term Rental Fundamentals driven by the property's location within one of St. Paul's most established and sought-after residential neighborhoods, surrounded by major educational institutions and employment centers. 

Unit Mix

Beds Baths Units Rent
Studio 1 1 $725
1 1 1 $975
2 1 4 $1,550–$1,785
Total Beds: 9 Total Baths: 6 Total Units: 6 Avg Rent: $1,393

Location Highlights

Listing Team

Jake Mahabadi

MaryPat McNicoll

Rocco Curella

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