1111 7th Avenue S Saint Cloud, MN 56301 MLS# 7084628 26580 sqft
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Property Description Exceptional investment opportunity in a highly desirable St. Cloud location! This 25-unit apartment building offers a rare combination of size, rental appeal, and income potential. Featuring 17 two-bedroom units, 6 three-bedroom units, and one 1-bedroom unit in addition to 1 efficiency, this property is ideally suited for student housing or tenants seeking spacious living accommodations. Located adjacent to Haws Park and within walking distance of the Herb Brooks National Hockey Center, this property benefits from strong rental demand driven by its proximity to local colleges, downtown amenities, dining, entertainment, and public transportation. Generous unit layouts (including the popular primary suites with it's own 3/4 bath & walk-in closet), ample bedroom counts - many with double closets, and convenient access to everyday necessities make this a standout addition to any investment portfolio. A prime opportunity to own a high-capacity rental property in a sought-after location with proven tenant appeal. New roof and siding in 2019!
Details
Maps
Contract Information
Status: Active
Current Price: 1949900
Contingency: None
ListPrice: 1949900
List Date: 2026-06-04
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Management Company Name: McDonald Property Management
Multiple PIDs?: No
Other Parking Spaces: 58
Owner Occupied: No
Waterfront YN: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 8976
For Sale or Lease: For Sale
Acres: 1.18
Lot Dimensions: 244x204
Assessment Pending: No
Location Tax and Other Information
House Number: 1111
Street Name: 7th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56301
Complex/Dev/Subdivision: James Bowes Add
Assessments
Tax With Assessments: 32344
Building Information
Building Finished SqFt: 26580
Building SqFt: 26580
Income and Expenses
Annual Gross Income: 279000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 16x22
Public Survey Info
Range#: 28
Section#: 14
Township#: 124
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Rental License
Unit 1
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 17
Unit 3
No. of 3 Bedroom Units: 6
Unit Details
Total Units: 25
Unit Information
No. of Efficiency Units: 1
Property Features
Accessible: Other
Air Conditioning: None
Amenities Shared: Coin-op Laundry Owned
Amenities Unit: Ceiling Fan(s); Kitchen Center Island; Other
Appliances: Dishwasher; Range; Refrigerator
Basement: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Aluminum Siding; Brick/Stone
Foundation: None
Fuel: Natural Gas
Heating: Hot Water
Loan Terms: Cash; Conventional; Other
On Site Utilities: Electric Common; Electric Separate; Hot Water Common
Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Heat; Hot Water; Insurance; Janitorial Service; Janitorial Service; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water