8-Unit Apartment Building with
For Sale
Contact for pricing
Pending
315 7th Street S, Sauk Rapids, MN 56379
Fully occupied multifamily property with on-site management, separate electric metering, and resident laundry facilities.
Property SizeContact for details
Days on Market143
Property Features for 315 7th Street S
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Additional Details
Asking Price
$675,000
Amenities
coin operated laundry
Building Details
Buildings
2
Construction
brick and siding
Listing Agency:
Coldwell Banker Commercial Orion Real Estate Advisors
Listed By:
Scott M. Schmitt, CCIM · License #MN
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:00AM
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 Coldwell Banker Commercial Orion Real Estate Advisors
Investment Insights
Based on property information with market context.
Shelly Manor is an 8-unit apartment property with a separate garage structure containing 6 stalls. Each residence offers two bedrooms and one bath, along with a kitchen and dining area, walk-in pantry, living room, hallway storage, refrigerator/freezer, range/oven, and wall AC. Coin-operated laundry machines are available on site. The building combines brick and siding exteriors and received a new 30-year shingled roof in 2022. It also has a newer hot water boiler and water heater.
Located at 315 7th Street S. in Sauk Rapids, the property sits just off Benton Drive and within walking distance of shopping, restaurants, parks, and the Mississippi River. All units are separately metered for electric, with electricity paid by tenants. The building is fully occupied and includes management in place.
Located at 315 7th Street S. in Sauk Rapids, the property sits just off Benton Drive and within walking distance of shopping, restaurants, parks, and the Mississippi River. All units are separately metered for electric, with electricity paid by tenants. The building is fully occupied and includes management in place.
Key Highlights
- 8 apartment units, each with 2 bedrooms and 1 bath
- Garage building with 6 stalls
- New 30‑year shingled roof installed in 2022
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
Business Placement
Demographics for 56379, MN
17,467
Population
7,356
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
89.4 sq mi
ZIP Area
195
Density / Sq Mi
$71,964
Median Household Income
$47,105
Median Earnings
$972
Median Rent
$251,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with on-site management, separate electric metering, and resident laundry facilities.
Where is this apartment building located?
The property is located at 315 7th Street S Sauk Rapids, MN.
What are key features of this property?
This property features: 8 apartment units, each with 2 bedrooms and 1 bath; Garage building with 6 stalls; New 30‑year shingled roof installed in 2022
