Well-Maintained Six-Unit
For Sale
$732,000
1041 Osceola Ave, Saint Paul, MN 55105
Six-unit apartment building with two newly built units, recently replaced roof and boiler, and approximately $86,000 in in-place annual income.
Property SizeContact for details
Days on Market159
Property Features for 1041 Osceola Ave
General Information
Standard status
Active
Additional Details
Cap Rate
7.8%
Highway Access
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$14,114
Listing Agency:
Matthews Real Estate Investment Solutions
(612) 605-8156
Listed By:
Kurt Sauer · License #40628602,41005445(MN)
(612) 385-0688
Source:
Exprealty
Added: Apr 2
Changed: Sep 5
Last Checked: Aug 11 at 4:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Solutions
Investment Insights
Based on property information with market context.
This well-maintained six-unit apartment building offers a total of six residential units, including two newly built units. The property features major recent capital improvements, including a brand-new roof and boiler system. In-place income is approximately $86,000 annually, with a stated 7.8% cap rate.
The building is located in Saint Paul’s Summit Hill neighborhood and is positioned near Grand Avenue. Access is described as convenient to I-94 and 35W, with proximity to major retail, restaurants, and transportation corridors.
For acquisition, the offering is presented as suitable for both turnkey ownership and long-term value-add investors seeking stable cash flow in an established Saint Paul rental market.
The building is located in Saint Paul’s Summit Hill neighborhood and is positioned near Grand Avenue. Access is described as convenient to I-94 and 35W, with proximity to major retail, restaurants, and transportation corridors.
For acquisition, the offering is presented as suitable for both turnkey ownership and long-term value-add investors seeking stable cash flow in an established Saint Paul rental market.
Key Highlights
- Six‑unit apartment building with approximately $86,000 in in‑place annual income.
- 7.8% cap rate reported for the property.
- Two newly built units in the building.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
Explore this area
Business Placement
Demographics for 55105, MN
28,812
Population
12,045
Households
2.4
Avg Household Size
33
Median Age
78%
College-Educated
99%
High-School Grad
3.5 sq mi
ZIP Area
8,232
Density / Sq Mi
$108,200
Median Household Income
$51,131
Median Earnings
$1,240
Median Rent
$453,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building with two newly built units, recently replaced roof and boiler, and approximately $86,000 in in-place annual income.
Where is this apartment building located?
The property is located at 1041 Osceola Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $732,000.
What are key features of this property?
This property features: Six‑unit apartment building with approximately $86,000 in in‑place annual income.; 7.8% cap rate reported for the property.; Two newly built units in the building.
