Fourplex Residential Income
For Sale
Contact for pricing
1116 7th Ave S, Saint Cloud, MN 56301
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 Market62
Property Features for 1116 7th Ave S
General Information
Standard status
Active
Size
4,062 SF
Property subtype
Multifamily
Zoning
Residential-Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1971
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Chris Hauck · License #MN 2673222
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 10 at 9:17AM
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
Investment Insights
Based on property information with market context.
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
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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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
