1232 Marshall Ave Saint Paul, MN 55104
Fully occupied apartment building with strong rental income potential.
Type:Multifamily
Property size:
6,120 SF- Added:
- May 8, 2025
- Days on Market:
- 329
- Last Refresh:
- Mar 25 at 8:31 pm
Property Features for 1232 Marshall Ave
General Information
- Standard status
- Active
- Size
- 6,120 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1917
Listing agent Dylan Maitland License #MN 40313410
Listing office ReMax Results
Listing date May 8, 2025
Source Crexi
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 ReMax Results
Overview
6-Unit Apartment Near Concordia University
This fully occupied 6-unit apartment building is located across the street from Concordia University. Recent maintenance improvements and upgraded mechanical systems, including updated utility meters, have been implemented. A basement laundry facility generates supplemental monthly income of $75. A private 4-space parking lot is located behind the building. The basement could be used as storage. The property is accessible, with four bus stops within a 5-minute walk, and is conveniently located near multiple higher education institutions including Mitchell Hamline School of Law, Macalester College, and the University of St. Thomas. Tenants have proximity to amenities and cultural attractions such as Great River Water Park, Allianz Field (home of MN United FC), Xcel Energy Center, The Ordway Theater, Science Museum of Minnesota, and the Minnesota History Center. It is also located minutes from Trader Joe’s, Whole Foods, and local dining.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.152317
- Latitude
- 44.9483486
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied apartment building with strong rental income potential.
Where is this apartment building located?
The property is located at 1232 Marshall Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime location directly across from Concordia University, ensuring consistent tenant demand.; Fully occupied 6‑unit apartment building providing immediate rental income.; Updated mechanical systems and utility meters, reducing future maintenance costs.
