Exeter Place Apartments is a compelling investment in one of Saint Paul’s most desirable neighborhoods. Just blocks from the Mississippi River and the University of St. Thomas, the property enjoys steady rental demand. The area combines residential charm with walkable access to coffee shops, restaurants, and urban amenities. Built in 1949, Exeter Place features 17 units (5 studios, 12 one-bedrooms) averaging 544 sq. ft., with current rents of $881/month. Situated on a 0.39-acre lot, the property also features eight garages for added tenant convenience and owner income. With stable occupancy, value-add potential, and a prime location, Exeter Place combines reliable cash flow with long-term upside.