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Four-Unit Multifamily Building
For Sale
$364,500

23 Acker Street W, Saint Paul, MN 55117

Residential Income, Saint Paul, MN

Property Size2,808 SF
Lot Size0.10 Acres
Price / SF$129.81
Days on Market267

Property Features for 23 Acker Street W

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bathroom 4, Bedroom 3
Exterior features Wood
High school district St. Paul
Directions Rice Street to Sycamore, east to Sylvan, south to Acker then east to the property
Standard status Active
APN 302922340012
Size 2,808 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5320

Utilities

Heating system Baseboard, Forced Air

Building Details

Year built 1900
Listing Agency: Bridge Realty, LLC
Listed By: Christopher Cornet
Added: Dec 8, 2025 Changed: Sep 1 Last Checked: Sep 1 at 11:06AM
MLS# 6825199

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,808-square-foot multifamily property in Saint Paul contains four rental units: one two-bedroom, one efficiency, and two one-bedroom apartments. Built in 1900, the building has wood exterior siding and a combination of baseboard and forced-air heating. A partially finished attic with usable ceiling height offers additional interior area within the existing structure.

Electric meters are separated and billed directly to tenants, while the owner covers gas, water, and trash. The property occupies 0.1 acres at 23 Acker Street W in the 55117 postal area. Current occupancy includes subsidized units and a long-term market tenant, with rent stabilization exemptions applying to three units.

Key Highlights

  • Four‑unit configuration with one two‑bedroom, one efficiency, and two one‑bedroom apartments
  • 2,808 square feet of building area on a 0.1‑acre lot
  • Partially finished attic with ceiling height for potential interior expansion

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Dental Office Nail Salon Hair Salon Accounting Firm

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,882
Businesses Nearby

Demographics for 55117, MN

44,525
Population
17,784
Households
2.5
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
9.2 sq mi
ZIP Area
4,840
Density / Sq Mi
$71,784
Median Household Income
$43,366
Median Earnings
$1,178
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Saint Paul property with four rental units, separate electric metering, and a partially finished attic.
Where is this quadplex located?
The property is located at 23 Acker Street W Saint Paul, MN.
What is the asking price?
The asking price for this property is $364,500.
What are key features of this property?
This property features: Four‑unit configuration with one two‑bedroom, one efficiency, and two one‑bedroom apartments; 2,808 square feet of building area on a 0.1‑acre lot; Partially finished attic with ceiling height for potential interior expansion
More about this property
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