Multifamily Building with Detached
For Sale
$810,000
1563 Charles Ave, Saint Paul, MN 55104
Nine-unit building with shared coin-operated laundry and a 2-stall detached garage structure, currently 8 of 9 units occupied.
Property Size5,620 SF
Price / SF$144.13
Days on Market34
Property Features for 1563 Charles Ave
General Information
Standard status
Active
Size
5,620 SF
Total Parking Spaces
2
Occupancy
89%
Additional Details
Multifamily Units
9
Amenities
shared coin-operated laundry
Building Details
Tenancy
Multi
Listing Agency:
Financially Free, LLC
(612) 559-0150
Listed By:
Alexandra Haider
(612) 559-0150
Source:
Exprealty
Added: Jul 8
Changed: Jul 26
Last Checked: Aug 9 at 10:21AM
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 Financially Free, LLC
Investment Insights
Based on property information with market context.
563 Charles Avenue is a 9-unit apartment building offering a straightforward, easy-to-manage rental layout. The property is currently 8/9 occupied and includes shared coin-operated laundry facilities for tenant use.
Tenants pay for gas and electric, with the exception of one unit that only pays electric. Additional property amenities include a detached garage structure with two stalls.
Total rentable area is listed as 5,620 square feet, providing practical income-producing space across the building’s units.
Tenants pay for gas and electric, with the exception of one unit that only pays electric. Additional property amenities include a detached garage structure with two stalls.
Total rentable area is listed as 5,620 square feet, providing practical income-producing space across the building’s units.
Key Highlights
- 9‑unit multifamily building on Charles Avenue in St. Paul’s Hamline‑Midway submarket
- Currently 8 of 9 units occupied for strong baseline occupancy and income potential
- 5,620 SF of rentable area with practical, easy‑to‑manage layouts
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
88.9%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 55104, MN
45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
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?
Apartment building - Nine-unit building with shared coin-operated laundry and a 2-stall detached garage structure, currently 8 of 9 units occupied.
Where is this apartment building located?
The property is located at 1563 Charles Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: 9‑unit multifamily building on Charles Avenue in St. Paul’s Hamline‑Midway submarket; Currently 8 of 9 units occupied for strong baseline occupancy and income potential; 5,620 SF of rentable area with practical, easy‑to‑manage layouts
