153 10th Ave N - Apartments FOR SALE


Waite Park, MN 56387
$199,000 USD
320-282-2042
153 10th Ave N, Waite Park, MN for Sale
$199,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

153 10th Ave N
Waite Park, MN 56387


OVERVIEW

Property Details Sale Price: $199,000 Year Built: 1911 Property Type: Multifamily/Duplex Building Size: 2,400 SF Gross Rent $23,682 yr 2025 Property Tax $4,228 yr Water/Sewer $2,021 yr Refuse $292 yr Property Description Residential duplex in Waite Park near parks, schools, and shopping centers. Upper unit is 3 bed, 1 bath; lower unit is 2 bed, 1 bath. Each unit has front and rear entrances, separate entries, washer and dryer, wall and window A/C units, and large square footage. Property includes off-street parking, maintenance shed, breaker panels, separate forced air heat, and separately metered gas and electric. Roof replaced in 2011. Landlord pays Water/Sewer & Garbage, Tenant pays all other utilities. Location Description The property is located in a quiet residential neighborhood in Waite Park, MN, just minutes from parks, schools, and shopping centers. Nearby retailers include ALDI, The Home Depot, Starbucks, Dollar Tree, FedEx, and McDonald’s, with additional shopping options such as Audio Video Extremes, Best Buy, and Cash Wise in neighboring St. Cloud. The area is supported by major employers including CentraCare Health, the St. Cloud VA Health Care System, and St. Cloud Area School District #742. As detailed in the brochure, the surrounding area has a population of over 100,000 within five miles and strong average household incomes, contributing to consistent rental demand and long-term stability. Highlights Up/down duplex in quiet Waite Park neighborhood Upper unit: 3 bed, 1 bath Lower unit: 2 bed, 1 bath Large square footage: 2,400 SF total Washer and dryer in each unit Separate front and rear entrances Separately metered gas and electric Separate forced-air heat systems Breaker electrical panels Wall and window A/C units Off-street parking and maintenance shed Roof replaced in 2011 Newer water heater Centrally located in Waite Park near schools, parks, and shopping Over 107,000 people within a 5-mile radius Highest average household income: $78,744 (5-mile radius) Highest average home value: $255,324 (3-mile radius) Nearby retailers include Cash Wise Foods, Kwik Trip, Crossroads Center Mall, Scheels, Best Buy, Menards, Dunkin’, Starbucks, Aldi, and The Home Depot. Major area employers include CentraCare Health, the St. Cloud VA Health Care System, St. Cloud Area School District #742, the City of St. Cloud, Electrolux/Home Products International (historically), and Stearns County Government.

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$103 USD /SF

# OF UNITS

2

PRICE/UNIT

$99,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,759 SF

ZONING

-

APN/PARCEL ID

98.61095.0002

ASK ABOUT THIS PROPERTY

Tom SanquistSVN | GC Real EstateMore Info
320-282-2042

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Tom SanquistSVN | GC Real EstateMore Info
320-282-2042

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.