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Paula Swirtz

paula@pathwayshomegroup.com +1(651) 615-3445

$ 1,247,350

Est. payment | -/mo

18 Beds

12 Baths

9,713 Sqft Lot

Save

$ 1,247,350

Est. payment | -/mo

Save

18 Beds

12 Baths

9,713 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Holcombes Add To, Saint P

MLS Listing ID 7074753

Bedrooms 18

Year Built 1888

Annual Tax Amount $18,719

Tax Year 2026

Contingent None

Lot Size 9,713 Sqft

Lot Dimensions 80 x 120

Property Description

Rare opportunity to acquire one of the largest multifamily properties in the portfolio consisting of two joined and nearly identical brick buildings totaling 8 residential units. Unit mix includes four 1-bedroom units, two 3-bedroom units, and two exceptionally large 4-bedroom multi-level units, creating strong tenant demand across multiple renter profiles.
Situated on a corner lot in a highly accessible St Paul location, the property features off-street parking, detached garage space for parking or storage, and spacious unit layouts uncommon for traditional multifamily properties. Strong brick exterior construction, stable rental history, and proximity to public transportation, shopping, restaurants, and major transportation corridors support long-term investment stability.
Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Egress Window(s), Full, Owner Access, Partially Finished, Shared Access, Storage Space

Interior

Heating Boiler, Hot Water, Radiator

Cooling None

Flooring Carpet, Tile, Vinyl, Wood

Inclusions Building, Fixture/Equipment, Leases, Rental License

Fireplace No

Appliance Gas Water Heater, Range, Refrigerator

Exterior

Parking Features Detached Garage, Gravel, Unassigned

Garage Spaces 2.0

Fence None

Utilities Available Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate

Roof Type Age Over 8 Years,Asphalt,Pitched

Present Use Residential

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story Two

Foundation 4835

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Brick,Concrete,Frame

New Construction false

Schools

School District St. Paul

Listed by Luke Nilles • Gold Group Realty, LLC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(651) 615-3445

paula@pathwayshomegroup.com

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732 Marshall AVE Saint Paul, MN 55104