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1232 Marshall Avenue Saint Paul, MN 55104

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For Sale
$799,900

Commercial - Saint Paul, MN

Lot size:
0.12 Acres
Added:
May 7, 2025
Days on Market:
353
Last Refresh:
Apr 24 at 9:06 am

Property Features for 1232 Marshall Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial,Other
Bedrooms
12
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Parking Lot
Exterior features
Stucco
Appliances
Range, Refrigerator
Standard status
Active
APN
032823120003
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
14202.64

Utilities

Heating system
Baseboard

Building Details

Year built
1917
Flooring type
Carpet, Tile, Vinyl
Building materials
Concrete, Frame
Roof type
Flat
Architectural style
Other

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Listing Contact
Dylan A Maitland
Dylan A Maitland

Listing agent Dylan A Maitland

Listing office RE/MAX Results 11200 W 78th Street, Eden Prairie, MN

Listing date May 7, 2025

MLS# 6709632 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Saint Paul Multifamily Investment Opportunity

This multifamily property is located across the street from Concordia University, offering long-term potential. Recent maintenance improvements and upgraded mechanical systems, including updated utility meters, provide added value for investors. A basement laundry facility generates supplemental monthly income of $75 per month. A private 4-space parking lot is located behind the building. The basement could be used as storage. The property is accessible, with four bus stops within a 5-minute walk, and is located near higher education institutions including Mitchell Hamline School of Law, Macalester College, and the University of St. Thomas. Tenants have proximity to amenities and cultural attractions such as Great River Water Park, Allianz Field, Xcel Energy Center, The Ordway Theater, Science Museum of Minnesota, and the Minnesota History Center. It is located minutes from Trader Joe’s, Whole Foods, and a local dining scene. The lot size is 0.1195 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Saint Paul
County
Dakota
State
Minnesota
Longitude
-93.152314
Latitude
44.948216

FAQs

What type of property is this?
Apartment building - Multifamily property near Concordia University with long-term investment potential.
Where is this apartment building located?
The property is located at 1232 Marshall Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location directly across from Concordia University, ensuring consistent tenant demand.; Private 4‑space parking lot, a highly desirable amenity.; Recent maintenance improvements and upgraded mechanical systems.
More about this property
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