1232 MARSHALL AVENUE
1232 Marshall Avenue, Saint Paul, 55104, MN
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Price: $810,000
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Status type: For Sale
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City: Saint Paul
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Neighborhood: Merriam Park/Lexington-Hamline
Bedrooms: 0
Property Size :0
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Listing Agent: NST19315,NST94133
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Property type : Commercial Sale
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Zip code: 55104
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Street: 1232 Marshall Avenue
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Street: 1232 Marshall Avenue
Bathrooms: N/A
Year: 1917
Listing Brokerage: RE/MAX Results
FEATURES
- Range
- Refrigerator
DETAILS
Exceptionally located across the street from Concordia University, this fully occupied 6-unit apartment building offers strong long-term potential. Recent maintenance improvements and upgraded mechanical systems, including updated utility meters, provide peace of mind and added value for investors. Additional features include a basement laundry facility that generates supplemental monthly income of $75/month, and a private 4-space parking lot behind the building—an attractive perk for tenants. The basement could be used as storage for a future value add. The property is extremely accessible, with four bus stops within a 5-minute walk, and is conveniently located near multiple higher education institutions including Mitchell Hamline School of Law, Macalester College, and the University of St. Thomas. Tenants enjoy proximity to a variety of amenities and cultural attractions such as Great River Water Park, Allianz Field (home of MN United FC), Xcel Energy Center, The Ordway Theater, Science Museum of Minnesota, and the Minnesota History Center. Plus, they’re just minutes from Trader Joe’s, Whole Foods, and an exciting local dining scene. A rare opportunity in a high-demand rental area—ideal for both seasoned investors and those looking to expand their portfolio.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: Block, Full, Unfinished,
Appliances Included:
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- Range
- Refrigerator
EXTERIOR
Air Conditioning: Window Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2040ft²
Unit Amenities:
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- Natural Woodwork
- Paneled Doors
Heating System:
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- Baseboard
- Boiler
LOT
Acres: N/A
Lot Size Dim.: TBD
Longitude: 44.9482
Latitude: -93.1523
Zoning: Business/Commercial,Other
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $14,203
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7733549
Listing Brokerage: RE/MAX Results
ID: 3688829
Published: May 07, 2025
Last Update: May 07, 2025
Views: 10
