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12-Unit Apartment Building
For Sale
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Pending

1317 13th St Cir, Sauk Rapids, MN 56379

Fully occupied multifamily property with updated residences, private outdoor areas, and on-site coin-operated laundry.

Property Size11,316 SF
Days on Market665

Property Features for 1317 13th St Cir

General Information

Standard status Pending
Size 11,316 SF
Class C
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add

Building Details

Year Built 1984
Buildings 1
Stories 3
Units 12
Listing Agency: RE/MAX Advantage Plus - Minnetonka
Listed By: Dan Frank · License #40297191
Source: Crexi
Added: Nov 4, 2024 Changed: Aug 29 Last Checked: Apr 24 at 11:59AM

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 RE/MAX Advantage Plus - Minnetonka

Investment Insights

Based on property information with market context.

This three-story apartment property contains 12 residences within approximately 11,316 +/- square feet. The unit mix includes 11 two-bedroom apartments and one one-bedroom apartment, with each layout offering a kitchen and dining area, living room, hallway storage, and one bathroom. Apartments also include a range/oven, refrigerator/freezer, dishwasher, wall AC unit, and either a deck or walkout patio. Coin-operated laundry facilities are located on site.

The building at 1317 13th Street Circle in Sauk Rapids is professionally managed and fully occupied. Exterior improvements include a combination of brick and vinyl siding, along with a new 30-year asphalt shingle roof. A high-efficiency water heater was also added, and most units have been updated or renovated over time. The property offers access to downtown, parks, schools, and major thoroughfares including Highways 10 and 15.

Key Highlights

  • 12 apartment units: 11 two‑bedroom units and 1 one‑bedroom unit
  • Approximately 11,316 +/- square feet in a three‑story apartment building
  • New 30‑year asphalt shingled roof

Property Analytics

Current Use

Black Forest Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Nail Salon Building Supply

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

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 56379, MN

17,467
Population
7,356
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
89.4 sq mi
ZIP Area
195
Density / Sq Mi
$71,964
Median Household Income
$47,105
Median Earnings
$972
Median Rent
$251,500
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 - Fully occupied multifamily property with updated residences, private outdoor areas, and on-site coin-operated laundry.
Where is this apartment building located?
The property is located at 1317 13th St Cir Sauk Rapids, MN.
What are key features of this property?
This property features: 12 apartment units: 11 two‑bedroom units and 1 one‑bedroom unit; Approximately 11,316 +/- square feet in a three‑story apartment building; New 30‑year asphalt shingled roof
More about this property
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