, Saint Paul, MN 55104 (MLS# 6642133)
$1,599,000
MLS# 6642133
Status: Closed
15405 sqft
1 / 47
Property Description
This 18-unit apartment building is a rare find, priced to sell at under $89,000 per door. Meticulously maintained by long-time owners, the property will be 100% occupied by March, providing immediate cashflow. Located just blocks from Allianz Field and one block from the light rail and University Avenue bus line, this property sits in the heart of a rapidly evolving neighborhood. The $160 million "United Village" development around Allianz Field is set to potentially boost property values, making this an incredible value-add opportunity. With many units currently rented below market rate and potential for upgrades in kitchens and bathrooms, this property offers excellent upside for savvy investors. Contact William to request offering a memorandum.
Details
Contract Information
Status: Closed
Off Market Date: 2025-03-10
Current Price: 1475000
Closed Date: 2025-04-25
Sales Close Price: 1475000
Contingency: None
ListPrice: 1599000
List Date: 2025-01-24
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 222
Garage Stalls: 8
For Sale or Lease: For Sale
Acres: 0.37
Lot Dimensions: 126x130
Assessment Pending: No
Location Tax and Other Information
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Brightwood Park
Assessments
Tax With Assessments: 34578
Building Information
Building Finished SqFt: 15405
Building SqFt: 15405
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 33
Township#: 29
Sale Options
Sale Includes: Building, Other, Rental License
Unit 1
No. of 1 Bedroom Units: 14
Unit 2
No. of 2 Bedroom Units: 1
Unit Details
Total Units: 18
Unit Information
No. of Efficiency Units: 3
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Amenities Shared: Coin-op Laundry Leased
Appliances: Range; Refrigerator
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Baseboard; Boiler
Loan Terms: Cash; Conventional
On Site Utilities: Electric Common; Heating Common
Owner Pays: Fuel; Insurance; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water
Parking Characteristics: Paved Lot
Rental License Type: Standard
Roof: Age Over 8 Years
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Electricity
Water: City Water/Connected
Listing Office: Keller Williams Premier Realty
Last Updated: April - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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