26
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$1,150,000
Est. payment /mo
6,098 Sqft Lot
Active
394 Cleveland AVE N Saint Paul, MN 55104
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Welshons Place
MLS Listing ID 6724384
Year Built 1926
Annual Tax Amount $24,456
Tax Year 2024
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions Irregular
Property Sub-Type Apartment
Property Description
Fantastic investment opportunity in the heart of Saint Paul! 394 Cleveland Avenue N is a well-maintained 10-unit apartment building offering historic charm with many updates and strong rental appeal. Built in 1926 and spanning over 8,300 sq ft on a ~6,000 sq ft lot, this solid brick property sits in the highly desirable Merriam Park West neighborhood, known for its walkability, bikeability, and easy access to shopping, restaurants, transit, and parks. The location is unbeatable for attracting tenants—just minutes from multiple colleges including the University of St. Thomas, Macalester College, Hamline University, St. Catherine University, Concordia University–St. Paul, Metropolitan State University, Augsburg University, and the University of Minnesota St. Paul campus. With strong student demand, proximity to hospitals and major employers, and its convenient access to both downtown Minneapolis and St. Paul, this property delivers consistent occupancy and long-term growth potential.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Boiler, Hot Water
Cooling None
Inclusions Building, Business, Leases
Fireplace No
Appliance Cooktop, Dryer, Microwave
Exterior
Parking Features Assigned, Other
Utilities Available Electric Separate
Present Use Residential
Building
Story One
Foundation 2772
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Brick/Stone
Schools
School District St. Paul
Listed by Mark Abdel • RE/MAX Advantage Plus