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$775,000
7137487 MLS
Welcome to this beautifully maintained 3-level property that was originally a duplex (with dual entrance) and has been transformed into a welcoming law firm professional office, with upgraded landscaping/patio in the front of building, improved interior spaces, an enormous balcony for relaxing or private meetings, and a large parking lot in rear of building for guests and staff. Private offices, conference rooms, kitchenette and an unfinished basement & 3rd level, provide a great opportunity for its next owner. This property has a very flexible Community Business (BC), City of St. Paul Zoning, which allows for a variety of uses to an owner-user, investor or professional services/retail group that is looking for strong area demand and vibrancy. Schedule your tour today and see the possibilities of this building, located along the historic Grand Avenue of St. Paul!

951 Grand Avenue, Saint Paul

Listing courtesy of Keller Williams Realty Integrity Lakes.

$1,500,000
7133951 MLS
This stately 19-unit investment property is over 10,500+ square feet with loads of charm and historic character. Originally built in 1890 as a side-by-side duplex it now offers nineteen one-bedroom and studio apartments. Three units are full one bedroom, one bathroom units. Sixteen of the units share 6 common area bathrooms. All the units have either a full-size kitchen or a kitchenette. The exterior is all brick and stone and features a newer roof. Tall ceiling heights and skylights!! Located in one of the most sought after neighborhoods in Saint Paul, Minnesota. Cathedral Hill or Summit Hill is the cities most historic and charming neighborhoods! From its stunning architecture and beautiful real estate to its rich history and vibrant community, this area offers an unforgettable experience for residents and visitors alike. Breathtaking historic homes, iconic landmarks, and some of the best restaurants in the state—including local favorites like WA Frost, known for its incredible ambiance and elevated dining experience. PROPERTY FACTS Year Built: 1890 Units: 19 garden style apartments Square Footage: Building total 10,828 sqft Zoning: Multiple-dwelling Parking: 4 off-street parking spots Exterior: All-brick and stone exterior Heating: Two hot water boilers / caravan slant fin Air Conditioning: Window air conditioners / tenants provide Roof: A combination of newer pitched asphalt roofing and flat rubber roofing Patios: The front offers two smaller patios for residents to enjoy Laundry: Two sets of coin laundry machines / seller owned Storage: Basement has plenty of extra storage areas UNIT DESCRIPTION 16 - Studio with Kitchenette - Approx. 275+ Sqft. / Average rent $738.53 3 - One Bedroom, One Bath - Approx. 600+ Sqft / Average rent $1,221.67

399 Ashland Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

$779,123
7133651 MLS
Positioned in the heart of Saint Paul’s highly desirable Summit Hill neighborhood, this striking four-level commercial property offers unparalleled high-visibility frontage on vibrant Grand Avenue. Brimming with historic charm and thoughtfully updated for modern functionality, the building is perfectly configured for an owner-occupant or investor looking to capitalize on a multi-tenant setup. With separate utilities and private entrances, the property seamlessly accommodates a variety of concurrent businesses. Level-by-Level Breakdown Main Level: (Active Full-Service Salon Space) Flooded with natural light from expansive windows, this vibrant level features a welcoming front covered porch overlooking landscaped gardens, a dedicated greeting and reception area, break room, and a full bathroom. It is currently configured and beautifully equipped as a hair and nail salon. Lower Level: Quiet Wellness Sanctuary Designed as a peaceful retreat, the partially finished lower level offers a quiet, private atmosphere that has been highly successful for massage therapy and specialized bodywork. Second & Third Levels (Premium Professional Offices — Leased through Feb 2027): Completely remodeled in 2007 with immaculate attention to detail, these levels feature premium custom woodwork, matching trim, solid doors, upgraded flooring, and extensive built-in cabinetry. Second Level: Includes a formal reception area, three large private offices, a resource/copy room, a dedicated file storage room, a break room, a full bathroom, and a private front covered porch. Third Level: Completed by a grand, spacious conference room alongside two additional private offices. Historic Character Meets Turn-of-the-Century Detail true to it's Summit Hill roots, the building boasts breathtaking turn-of-the-century craftsmanship. Tenants and clients alike will be inspired by the rich woodwork, classic built-in cabinetry, and architectural character that cannot be replicated in modern commercial builds. Mechanical & Capital Improvements. A list of recent property upgrades: Plumbing: Some new plumbing to the upper levels, paired with targeted plumbing updates to the salon and upper offices. Sewer Line: Brand new underground mainline pipe and drain connected all the way to the St. Paul municipal main sewer line. HVAC Air to Air exchanger & Utilities: Newly installed boiler and fresh water heater. Exterior & Grounds: New front steps, repaired rear concrete stairs, freshly resurfaced 11-stall parking lot, and professional landscaping packed with seasonal flowers. Salon Upgrades: Newly installed sink and modern console unit. Location & Market Context: Grand Avenue is experiencing a massive economic resurgence, marked by an influx of new national brands, high-end restaurants, and residential housing developments. This robust foot and vehicle traffic makes it the premier district to plant a thriving business. Best of all, in a neighborhood where parking is notoriously difficult, this property boasts its own private, parking lot accommodating up to 11 vehicles—a massive competitive asset for staff and clientele.

1208 Grand Avenue, Saint Paul

Listing courtesy of LaBelle Real Estate Group Inc.

$800,000
7129987 MLS
Well-Maintained Mixed Use Building: Retail + Office - only $76/sf! Directly across University from Major Development including Allianz Field, United Village, new apartments, New Offices, retail, New Hotel, and public gathering spaces. 10,404 SF Mixed-Use Building with 3 levels of ~3,468 sf each. 2 Retail spaces (Vacant Bars Lvls) + ~15 Individual Offices on 2nd Floor. Excellent Owner-User or Investment Opportunity: Ability to occupy or lease the former Trend Bar spaces (now vacant) Stable Existing Income from a retail tenant occupying the rear of the first floor (Lvls) and several long-standing individual office tenants upstairs (~15 offices, ~11 tenants, only ~1 vacant). Recent Capital Improvements include a new roof approximately three years old and a brand-new steam boiler. Good condition property under the same ownership for many years. Basement partially finished. Excellent Transit Access near the METRO Green Line, A Line, and multiple bus connections. Prime Midway Location near Snelling and University, one of St. Paul's busiest and most prominent intersections in St. Paul

1533 University Avenue W, Saint Paul

Listing courtesy of RE/MAX Results.

$1,900,000
7128599 MLS
Welcome to an exceptional investment opportunity in the heart of St. Paul! This charming three-story, 19-unit apartment building is perfectly situated on historic Grand Ave, elegantly perched on a hill that offers breathtaking views. This well-maintained building features original hardwood floors throughout, showcasing the timeless craftsmanship and architectural character that defines this beautiful property. The spacious units comprise 12 studio apartments and 7 one-bedroom apartments, each benefitting from great natural light and stunning views through large windows. Key features include: Vacant building ready for new ownership Recent upgrades, including a newer boiler and roof, ensuring efficiency and reliability Clean and well-kept interiors, inviting a variety of potential uses Great layout with large unit sizes, allowing for versatile living arrangements Historically, the property served as a supportive housing medical facility, creating an ideal opportunity for the new owner to continue in that capacity or transition to market-rate apartments, sober housing, supportive housing, or other beneficial uses. Don’t miss the chance to acquire this fantastic investment on Grand Ave, where charm meets modern updates, all while being surrounded by scenic views and the vibrant community of St. Paul.

487 Grand Avenue, Saint Paul

Listing courtesy of Mitchell Realty LLC.

$1,250,000
7114843 MLS
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.

748 Tatum Street, Saint Paul

Listing courtesy of Grand Realty, LLC.

$765,000
11 Beds ⋅ 6 Baths ⋅ 7078165 MLS
Six-unit brick apartment building on Saint Paul's West Side, renovated in 2022 and in solid shape. Roof replaced October 2013, siding and gutters replaced August 2014. Every unit was updated in 2022 — LVP flooring, refreshed kitchens with new cabinets and counters, and renovated bathrooms throughout. The building and units have electronic keypad entrys and camera coverage at the front door, parking lot, and laundry room. Six off-street parking spaces and laundry is included in rent. Unit mix is one 1-bed/1-bath and five 2-bed/1-bath units. Fully occupied. Metro Transit bus stop right at the corner. Downtown Saint Paul is minutes away. The West Side is a tight-knit, established neighborhood with easy access to I-35E and the river bluffs. A clean, stabilized asset with a 2022 renovation already behind it.

280 Winifred Street W, Saint Paul

Listing courtesy of Century 21 Atwood.

$669,750
7 Beds ⋅ 6 Baths ⋅ 7074206 MLS
Strong multifamily investment opportunity in St Pauls highly desirable Cathedral Hill / Selby-Dale neighborhood. This 6-unit apartment building offers stable occupancy, strong long-term rental demand, and significant value-add potential in one of the citys most established and consistently sought-after neighborhoods. The property is currently 100 percent occupied and located within walking distance of Mississippi Market Co-Op, Selby and Dale restaurants, cafes, bars, shopping, and public transportation. Residents benefit from the neighborhoods historic character, walkability, and convenient access to both downtown St Paul and major transit corridors. Additional features include on-site coin-operated laundry in the basement. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and operational efficiencies. Excellent opportunity to acquire a stable, cash-flowing asset in one of St Pauls premier multifamily neighborhoods.

658 Hague Avenue, Saint Paul

Listing courtesy of Gold Group Realty, LLC.

$1,595,000
22 Beds ⋅ 16 Baths ⋅ 7015772 MLS
Solid 16-unit apartment complex opportunity in a high-demand East St. Paul location just a few blocks from Lake Phalen. This all brick, two-building complex blends classic construction with strong rental appeal. There is a 6-unit building features five spacious 2 R units and one 1BR, while the 10-unit building offers nine 1BR units and one 2BR. A great mix of unit options to capture a broad tenant base. Residents enjoy convenient off-street parking, easy access to public transit right outside the door and proximity to Johnson High School, Farnsworth Elementary, and a wide array of shipping and dining options. Solid bones, desirable layout, and a good location! This is a rare opportunity to elevate your portfolio with a stable, income-producing asset in a consistently sought-after neighborhood.

881-889 Maryland Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

$1,295,000
7022196 MLS
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.

149 Morton Street E, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

$320,000
4 Baths ⋅ 6806866 MLS
Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective. Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation. Located in one of Saint Paul’s most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm’s Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center’s multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue. Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$1,099,000
6803172 MLS
1619 Hubbard Avenue is a remarkable investment opportunity to acquire 9 well-appointed units steps away from the prestigious Hamline University and five blocks south of the Minnesota State Fairgrounds. Every apartment is unique and spacious with some of them receiving solid surface quartz countertops, stainless steel appliances, refinished hardwood flooring, original French doors and luxury vinyl plank. Kitchens and bathrooms are remodeled with newer tile, cabinets, plumbing and lighting fixtures and fresh paint. Newer hot water boiler services all the apartments for heat. All the electrical panels and breakers have been updated. The exterior siding is maintenance free and windows have all been replaced. Both the pitched roofs on the main building and detached garage are newer. Building sits on a larger 0.34 acres with a five-car garage for additional income and a back parking lot for tenants with plenty of off-street parking. Lower level has the potential to add another unit making it a 10-unit. This asset is 100% full and super easy to keep rented. In place NOI of $67,772 and a 6.16% cap rate. This property has been well managed over the years and has great curb appeal!

1619 Hubbard Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

$1,150,000
6739015 MLS
Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. A newer Lochinvar Knight hot water boiler system was installed in 2012 and newer water heaters in 2010. The whole building received newer Andersen Series 100 windows in 2018. Electrical panels to each unit are on 60-amp breakers. Operations receive additional revenue from on-site coin operated laundry. All units are currently occupied and leased and ready for new owners to take over!! Average studio rent is $777 and average one-bedroom rent is $876 per month with plenty of room to move these rents up to market. Stabilized with zero delinquencies and a current in place 9.23% Cap Rate!!

1631 Charles Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

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