Saint Paul Multifamily Investment
For Sale
Contact for pricing
Pending
195 Lexington Pkwy N, Saint Paul, MN 55104
Thirteen one-bedroom apartments with garages and recent upgrades.
Property Size10,560 SF
Lot Size0.35 Acres
Days on Market172
Property Features for 195 Lexington Pkwy N
General Information
Standard status
Pending
Size
10,560 SF
Class
C
Lot size
0.35 Acres
Property subtype
Multifamily
Zoning
Multi-Family
Occupancy
100%
Investment Type
Value Add
Building Details
Year Built
1921
Year Renovated
2000
Buildings
2
Stories
4
Units
13
Listing Agency:
Apartment Cash Flow Inc.
(651) 263-3653
Listed By:
Nathan Opatz · License #MN #40329256
Source:
Crexi
Added: Mar 1
Changed: Aug 8
Last Checked: Jul 24 at 11:27AM
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 Apartment Cash Flow Inc.
Investment Insights
Based on property information with market context.
The Lexington, located at 195 Lexington Pkwy N in Saint Paul, MN, presents an investment opportunity with thirteen one-bedroom apartments. The four-story property features an all-brick exterior and a recently replaced roof. Situated on a 0.35-acre double corner lot, the property includes twelve detached garages and a patio area for residents. Each unit has original oak hardwood floors and trim. A new hot water boiler system has been installed. Tenant-owned window A/C units are present, and on-site coin-operated laundry facilities are available. The property offers a steady rental income and is an ideal opportunity for a 1031 IRC Tax Exchange. The building size is 10560 square feet.
Key Highlights
- Thirteen meticulously crafted one‑bedroom apartments offer a strong investment opportunity.
- Attractive cap rate and steady rental income provide financial stability.
- Ideal opportunity for a 1031 IRC Tax Exchange.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,438
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 - Thirteen one-bedroom apartments with garages and recent upgrades.
Where is this apartment building located?
The property is located at 195 Lexington Pkwy N Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Thirteen meticulously crafted one‑bedroom apartments offer a strong investment opportunity.; Attractive cap rate and steady rental income provide financial stability.; Ideal opportunity for a 1031 IRC Tax Exchange.
