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$1,500,000

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

7133951 MLS

399 Ashland Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

$669,750

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.

7 Beds ⋅ 6 Baths ⋅ 7074206 MLS

658 Hague Avenue, Saint Paul

Listing courtesy of Gold Group Realty, LLC.