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84-Unit Apartment Buildings
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1334 - 1348 Ames Avenue, Saint Paul, MN 55106

Two-building multifamily community with secure entries, off-street parking, resident services, and access to major transportation routes.

Property SizeContact for details
Days on Market142

Property Features for 1334 - 1348 Ames Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 98%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 12 x studio, 38 x 1BR, 33 x 2BR
Multifamily Units 84

Additional Details

Average Monthly Rent $1,020

Amenities

24/7 emergency maintenance service
secure entries
new carpeting
spacious kitchens
energy-efficient appliances
ceiling fans
ample closet space
private patios/balconies

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - Minneapolis
Listed By: Michael Jacobs · License #MN: 40760249 CA: 01979550
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:56PM

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 Marcus & Millichap - Minneapolis

Investment Insights

Based on property information with market context.

Johnson Parkway Apartments comprises two apartment buildings with 84 units in Saint Paul. Unit interiors include new carpeting, kitchens with energy-efficient appliances, ceiling fans, and generous closet storage; select residences also offer private patios or balconies. The community provides secure entry, off-street parking, 24/7 emergency maintenance, and private garages available for rent.

The property is located at 1334–1348 Ames Avenue near Baldinger Bakery, shopping centers, parks, and public transportation. Access to I-35E, I-94, and Highway 61 supports connectivity throughout the area. The community participates in the 4(d) program, with 62 units designated for residents earning 60% of Area Median Income. Reported occupancy is 98%.

Key Highlights

  • 84‑unit apartment community arranged in two buildings
  • 62 units designated for residents at 60% of Area Median Income under the 4(d) program
  • 98% occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon

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

84
Residential units
98%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby

Demographics for 55106, MN

60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
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 - Two-building multifamily community with secure entries, off-street parking, resident services, and access to major transportation routes.
Where is this apartment building located?
The property is located at 1334 - 1348 Ames Avenue Saint Paul, MN.
What are key features of this property?
This property features: 84‑unit apartment community arranged in two buildings; 62 units designated for residents at 60% of Area Median Income under the 4(d) program; 98% occupancy
More about this property
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