1563 CHARLES AVENUE
1563 Charles 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: 93
Bedrooms: 13
Property Size :0
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Listing Agent: NST1000429,NST109757
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Property type : Commercial Sale
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Zip code: 55104
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Street: 1563 Charles Avenue
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Street: 1563 Charles Avenue
Bathrooms: 9
Year: 1911
Listing Brokerage: Financially Free, LLC
DETAILS
563 Charles Avenue offers an exceptional multifamily investment featuring a stable, cash-flowing operational foundation with immediate built-in upside. Priced at $810,000, this 9-unit apartment asset delivers an incredibly rare entry-level basis of just $90,000 per door in St. Paul’s resilient Hamline-Midway submarket. Boasting a strong historical occupancy profile, the building is currently 8/9 occupied, presenting buyers with the perfect mix of day-one cash flow and immediate lease-up potential. All tenants but pay for gas and electric, with the exception of one unit only paying electric. Spanning 5,620 square feet of rentable area, the property is characterized by easy-to-manage, practical layouts that consistently appeal to the neighborhood's deep pool of student and workforce renters. A massive competitive advantage for this asset is the inclusion of a 2-stall detached garage structure—a highly prized luxury during Minnesota winters that gives management a distinct edge in tenant retention and extra monthly cash flow. Shared coin-operated laundry infrastructure further supplements the building’s strong baseline revenue.
INTERIOR
Bedrooms: 13
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: 9
Above Ground Living: N/A
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Basement Details: ,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 2
Construction Materials: N/A
Foundation Size: 1464ft²
Unit Amenities:
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Heating System:
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- Boiler
LOT
Acres: N/A
Lot Size Dim.: 12 x 29 x 121 x 39 x 113
Longitude: 44.9577
Latitude: -93.1663
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $12,250
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7931396
Listing Brokerage: Financially Free, LLC
ID: 5070985
Published: July 08, 2026
Last Update: July 08, 2026
Views: 1
