826 5th St E - Apartments FOR SALE


Saint Paul, MN 55106- Dayton's Bluff
$550,000 USD
651-302-4812
826 5th St E, Saint Paul, MN for Sale
$550,000 USD
Apartments - FOR SALE
1/30
null | 7.53% Cap Rate

826 5th St E
Saint Paul, MN 55106
Dayton's Bluff


HIGHLIGHTS

  • 1/2 Mile from Metropolitan State University
  • Close Proximity to Downtown St. Paul
  • Off-Street Parking for Each Unit

OVERVIEW

7-unit apartment building in Saint Paul's Dayton's Bluff neighborhood — a half mile from Metropolitan State University and minutes to downtown Saint Paul. All 7 units are 1BR/1BA. Exterior painted in 2024, new roof & gutters in 2023 — the next owner's capital goes straight to unit updates and rent growth, not exterior capital expenses. Close to Payne Avenue's restaurants and bars, Indian Mounds Regional Park, Wakan Tipi/Bruce Vento Nature Sanctuary, and Swede Hollow Park. In the Dayton's Bluff Elementary/Farnsworth Aerospace school area.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

7

PRICE/UNIT

$78,571

CAP RATE

7.53%

% LEASED

71%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,021 SF

ZONING

H-2

APN/PARCEL ID

33-29-22-23-0133

ASK ABOUT THIS PROPERTY

Bryce SchuenkeKW CommercialMore Info
651-302-4812

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Bryce SchuenkeKW CommercialMore Info
651-302-4812

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