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Apartment Building with Heated Parking
For Sale
$1,449,000

1053 Cromwell Avenue, Saint Paul, MN 55114

Apartment property with renovated units and heated underground parking.

Property SizeContact for details
Days on Market315

Property Features for 1053 Cromwell Avenue

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Public Transit Yes
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $26,638

Amenities

heated underground parking
Dual
3
Parking.
Underground Parking, Heated Garage.

Building Details

Year Built 1989
Buildings 1
Listing Agency: NAI Legacy
Listed By: Kurtis Pauley
Source: Xome
Added: Oct 22, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:02PM

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 NAI Legacy

Investment Insights

Based on property information with market context.

This 11-unit apartment building was constructed in 1989 and includes a combination of one-bedroom and two-bedroom residences. Most units have undergone renovation, and the property includes heated parking below grade.

Situated in St. Anthony Park, the building offers access to both downtown areas, the University of Minnesota, and major transit routes. The combination of varied unit layouts, completed improvements, and secure parking provides a clearly defined multifamily configuration.

Key Highlights

  • 11‑unit apartment building constructed in 1989
  • One‑bedroom and two‑bedroom unit layouts
  • Majority of units have been renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Bakery Barber Shop Electrical Service Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,636
Businesses Nearby

Demographics for 55114, MN

5,012
Population
2,806
Households
1.8
Avg Household Size
29
Median Age
67%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
3,855
Density / Sq Mi
$65,236
Median Household Income
$52,738
Median Earnings
$1,588
Median Rent
$296,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with renovated units and heated underground parking.
Where is this apartment building located?
The property is located at 1053 Cromwell Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 11‑unit apartment building constructed in 1989; One‑bedroom and two‑bedroom unit layouts; Majority of units have been renovated
More about this property
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