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Renovated 26-Unit Apartment Building
For Sale
$1,400,000

1703 Ashland Ave, Saint Paul, MN 55104

Historic 26-unit apartment building built in 1920, renovated with recent upgrades and modern conveniences.

Property Size18,000 SF
Price / SF$77.78
Days on Market138

Property Features for 1703 Ashland Ave

General Information

Standard status Active
Size 18,000 SF

Additional Details

Multifamily Units 26

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: First Select
Listed By: Christopher D Johnson
Source: Searchhousesnow
Added: Apr 24 Changed: Sep 8 Last Checked: Aug 25 at 5:25AM

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 First Select

Investment Insights

Based on property information with market context.

Ashland & Laurel is a 26-unit apartment building originally constructed in 1920. The property has been thoughtfully renovated and includes recent upgrades designed to blend historic character with modern conveniences.

Located at 1703 Ashland Ave in Saint Paul’s Mac-Groveland neighborhood, the building is described as being just minutes from the University of St. Thomas, Macalester College, and Concordia University. The area also provides convenient access to the Grand Avenue corridor and public transportation, supporting an easy commute for residents.

Key Highlights

  • Historic 26‑unit apartment building built in 1920 in Saint Paul’s Mac‑Groveland neighborhood
  • Renovated with recent upgrades and modern conveniences
  • Minutes from the University of St. Thomas, Macalester College, and Concordia University

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Tech Support Center Computer & Electronic Repair Home Appliance Store Florist

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

26
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby

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

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 - Historic 26-unit apartment building built in 1920, renovated with recent upgrades and modern conveniences.
Where is this apartment building located?
The property is located at 1703 Ashland Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Historic 26‑unit apartment building built in 1920 in Saint Paul’s Mac‑Groveland neighborhood; Renovated with recent upgrades and modern conveniences; Minutes from the University of St. Thomas, Macalester College, and Concordia University
More about this property
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