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Well-Maintained Six-Unit Apartment

1041 Osceola Avenue Saint Paul, MN 55105

1041 Osceola Avenue, Saint Paul, MN, 55105
$732,000
For Sale
$732,000

Six-unit apartment building with two newly built units, recently replaced roof and boiler, and approximately $86,000 in in-place annual income.

Days on Market144

Property Features for 1041 Osceola Avenue

General Information

Standard status
Active
Property subtype
General Commercial

Building Details

Year Built
1921
Listing agency
Listed by Matthews Real Estate Investment Solutions
Source Xome
Added: Feb 28 Updated: Jul 21 at 2:12AM Checked: Jul 22 at 3:41AM

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.

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply HVAC Service Parking Lot & Garage Accounting Firm Auto Parts Store Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Tech Support Center

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

FAQs

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 Avenue 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.
Contact an agent
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