Fourplex Residential Income
1116 7th Ave S, Saint Cloud, MN 56301
For Sale
$359,900
Four three-bedroom units with separate utilities and on-site laundry, plus off-street parking for tenant convenience.
Property Size4,062 SF
Price / SF$88.60
Days on Market148
Property Features for 1116 7th Ave S
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Tenancy
Listing Agency:
Coldwell Banker Realty
Listed By:
Christopher Hauck · License MN #2673222
(320) 267-1077
Source:
Tayloronken
Added: Jun 16
Changed: Oct 26
Last Checked: Oct 7 at 1:32PM
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 Coldwell Banker Realty
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This fourplex offers four spacious three-bedroom units designed for independent living and straightforward utility management. Each unit has its own gas furnace and electric meter, with individual laundry facilities located in the basement. Tenants also benefit from ample storage throughout the units. The property also includes coin-operated laundry, and off-street parking is available.
The building is located at 1116 7th Ave S in St. Cloud, MN, positioned adjacent to Haws Park. The Herb Brooks National Hockey Center is described as a short walk away, placing the property within reach of downtown amenities, dining, entertainment, and public transit.
As a residential income property, this configuration can appeal to tenants who want separate utility setups and in-unit laundry access through basement facilities. The separate metering and dedicated laundry arrangement may also simplify operations for an owner managing multiple leases. The seller notes the property must be sold as part of a package with neighboring 626 11th St. S. (MLS #7085036).
The building is located at 1116 7th Ave S in St. Cloud, MN, positioned adjacent to Haws Park. The Herb Brooks National Hockey Center is described as a short walk away, placing the property within reach of downtown amenities, dining, entertainment, and public transit.
As a residential income property, this configuration can appeal to tenants who want separate utility setups and in-unit laundry access through basement facilities. The separate metering and dedicated laundry arrangement may also simplify operations for an owner managing multiple leases. The seller notes the property must be sold as part of a package with neighboring 626 11th St. S. (MLS #7085036).
Key Highlights
- 4‑plex built in 1971 with four 3‑bedroom units
- Each unit has separate gas furnace and electric meter for individual utility management
- In‑unit laundry setup with individual laundry in the basement
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
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Business Placement
Demographics for 56301, MN
33,786
Population
13,511
Households
2.5
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
76.6 sq mi
ZIP Area
441
Density / Sq Mi
$69,725
Median Household Income
$29,226
Median Earnings
$1,103
Median Rent
$262,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Quadplex - Four three-bedroom units with separate utilities and on-site laundry, plus off-street parking for tenant convenience.
Where is this quadplex located?
The property is located at 1116 7th Ave S Saint Cloud, MN.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 4‑plex built in 1971 with four 3‑bedroom units; Each unit has separate gas furnace and electric meter for individual utility management; In‑unit laundry setup with individual laundry in the basement
