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524 Dayton Avenue, Saint Paul
$795,000
7159532 MLS
Dayton Avenue Apartments is an eight-unit multifamily property located at 524 Dayton Avenue in the Cathedral Hill neighborhood of Saint Paul. Constructed in 1911, the property is situated on a 0.13-acre parcel and consists of two studio and six one-bedroom residences. The property is fully occupied, with average monthly rents of approximately $1,088. The property has benefited from several interior and building improvements. All eight residences feature updated flooring, while six units include granite countertops and four units have tile backsplashes. Every residence is also equipped with a dishwasher. Additional building improvements include updated electrical panels. Dayton Avenue Apartments is located just a few blocks from the Martin Luther King Recreation Center, which offers a baseball diamond, tennis courts, an indoor gym, and additional recreational amenities. The property also benefits from its Cathedral Hill location, providing convenient access to neighborhood restaurants, retail, public transportation, and employment centers throughout Saint Paul.

524 Dayton Avenue, Saint Paul

Listing courtesy of Marcus & Millichap.

1562 Edmund Avenue, Saint Paul
$650,000
7154979 MLS
Edmund apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features one building with three single car detached garages bringing in extra income. All units are fully occupied featuring eight 1-bedroom and 1-bath apartments. In the rear is a detached garage that comes with the sale and was built in 1913. Total square footage is 6,556 over two floors. Current in-place rents are $939.12 per month for the one bedrooms. Onsite coin laundry and extra storage lockers in the basement. All apartments feature hardwood floors, tall ceilings and loads of original trim and doors. Roof was replaced in 2022. Hot water boiler was replaced in 2015. The same ownership group also is offering a 9-unit for $725,000 located next door to the south at 1563 Charles Ave that can also be purchase on a contract for deed. Terms negotiable.

1562 Edmund Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

1563 Charles Avenue, Saint Paul
$725,000
7152580 MLS
Charles apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features two buildings. In front is a fully occupied eight unit with four 2-bd, 1ba and four 1-bd and 1ba apartments. In the rear is a carriage house that comes with the sale and was built in 1910. Current in-place rents are $856 for the one bedrooms and $1,075 a month for the two bedrooms. Onsite coin laundry and extra storage lockers in the basement. The main building was built in 1911 and has hardwood floors, tall ceilings and loads of original trim and doors. Option to buy the 8-units to the north at 1562 Edmund Ave for $650,000

1563 Charles Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

881-889 Maryland Avenue E, Saint Paul
$1,395,000
7151682 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.

399 Ashland Avenue, Saint Paul
$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..

616 Ivy Avenue E, Saint Paul
$649,900
7 Beds ⋅ 7 Baths ⋅ 7127470 MLS
Seven-unit apartment building in Saint Paul's Payne-Phalen neighborhood, built 1959, approximately 4,800 SF on an RM2 lot. All units are 1BR/1BA. Two units have been renovated by current ownership. Rear off-street parking pad installed, shared coin laundry, basement storage and an exterior shed. Seller has installed a new 200 amp electrical panel as of April 2025 in the laundry room for the entire building and all work was permitted. Very clean building with room to increase rents to market. Unit #1 has an approved Section 8 tenant moving in 10/31/26, and the remaining units could also pursue Section 8 approval if the next owner chooses that route. Unit 3 is vacant and being marketed at $1,150 to both section-8 and non-section-8 renters.

616 Ivy Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

1702 Laurel Avenue, Saint Paul
$1,550,000
1 Beds ⋅ 1 Baths ⋅ 7099030 MLS
Impeccable Merriam Park 13 unit in fantastic condition. Almost 100% occupancy for 10 years. Beautiful renovated corner apartments, refinished wood floors, new tile floor in bathrooms, tile back splash in kitchen, new appliances, new counter tops, new window shades, three new ceiling fans, 3 great closets, really quiet building. Also, the laundry room is exceptionally bright with new floors, new bright lighting, glass block windows for security and privacy and new laundry equipment. Each apartment also gets a huge storage locker that is 10 feet by 10 feet. Located just 3 blocks west of Snelling on Laurel you are a short walk to Starbucks, restaurants, bars and other shops and Whole Foods. Some off street parking that is open to any tenant.

1702 Laurel Avenue, Saint Paul

Listing courtesy of First Select.

149 Morton Street E, Saint Paul
$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..

1600 Sylvan Street, Saint Paul
$750,000
7003899 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1600 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

1619 Hubbard Avenue, Saint Paul
$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..

1631 Charles Avenue, Saint Paul
$1,100,000
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 9.65% Cap Rate!!

1631 Charles Avenue, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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