Home › 1703, 1702 Ashland and Laurel Avenue, Saint Paul, MN 55104 (MLS# 7045473)

1703, 1702 Ashland and Laurel Avenue, Saint Paul, MN 55104 (MLS# 7045473)

$2,950,000
1703, 1702 Ashland and Laurel Avenue
Saint Paul, MN 55104
MLS# 7045473

1703, 1702 Ashland and Laurel Avenue, Saint Paul, MN 55104
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Property Description
The Sale includes 2 identical 13-unit buildings, 1703 Ashland Ave and 1702 Laurel Ave in St. Paul. They are "back to back". Updated, charming apartments located a few blocks North of Summit Avenue. These apartment buildings are 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 tiled bathrooms, hardwood floors, and have a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system. - No Dogs - Non-smoking building - Assigned storage unit. - On-Site Laundry - $15 per month. - Heat, Water, Sewer, and Trash are included in the rent. - Resident pays for electricity and cooking gas. - $65 application fee per applicant (one time). - Liability to Landlord Insurance: $10.50 per month. An impeccable property that shows the care of long-time pride of ownership.

Details
Maps
Documents
Contract Information
Status: Active
Current Price: 2950000
Contingency: None
ListPrice: 2950000
List Date: 2026-03-30
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Management Company Name: Relay Properties
Multiple PIDs?: Yes
Other Parking Spaces: 4
Owner Occupied: No
Waterfront Present: No
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 6000
Management Company Phone: 651-515-1494
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 60x150
Assessment Pending: No
Location Tax and Other Information
House Number: 1703, 1702
Street Name: Ashland and Laurel
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Schroeders Add To, The Circle
Additional Parcels Information
Property ID #2: 042823130001
Assessments
Tax With Assessments: 27970
Basement
Foundation Dimensions: 45x125
Building Information
Building Finished SqFt: 18000
Building SqFt: 14000
Ceiling Height: 8-10
Income and Expenses
Annual Electric Expense: 2200
Annual Fuel Expense: 15000
Annual Gross Expenses: 180600
Annual Gross Income: 394500
Annual Insurance Expense: 19500
Annual Maintenance Expense: 29300
Annual Net Income: 213900
Annual Repair Expense: 12050
Annual Trash Expense: 6000
Annual Water/Sewer Expense: 11000
Total Annual Expenses: 180600
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: 24
Unit 2
No. of 2 Bedroom Units: 2
Unit Details
Total Units: 26
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Unit: French Doors; Hardwood Floors; Natural Woodwork; Tile Floors
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Concrete Block; Storage Space; Storage/Locker
CMU Style: Apartments/Multi Family
Construction Materials: Block; Brick; Frame
Construction Status: Previously Owned
Current Use: Residential
Existing Financing: Other
Exterior: Brick Veneer; Stucco
Fencing: None
Flooring: Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Internet Options: Cable; DSL
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lock Box Type: None
Lot Description: Corner Lot
Miscellaneous Information: Alley; Exterior Lighting
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Owner Pays: Common Area Maintenance; Electricity; Gas; Heat; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Uncovered/Open
Pool Description: None
Potential Use: None
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street; Curbs
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Flat; Pitched
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Wall Description: Finished; Plaster
Water: City Water/Connected

Listing Office: First Select

Last Updated: May - 18 - 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.

Monday 25th of May 2026 06:02 PM

218-998-4400

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