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Turnkey 15-Unit Apartment Building

320 7th Ave S, Saint Cloud, MN 56301

For Sale
$885,000

Four-level, all 1-bedroom community with on-site laundry and off-street paved parking for convenient tenant living.

Property Size10,656 SF
Price / SF$83.05
Days on Market150

Property Features for 320 7th Ave S

General Information

Standard status Active
Size 10,656 SF

Building Details

Year Built 1947
Listing Agency: Coldwell Banker Realty
Listed By: Christopher Hauck · License MN #2673222
Source: Bradadamrealty
Added: Jun 16 Changed: Oct 26 Last Checked: Oct 7 at 1:43PM

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 Realty

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Investment Insights

Based on property information with market context.

This four-level multifamily property contains 15 apartments, each configured as a 1-bedroom, 1-bath unit. The building’s exterior is stucco, designed for low-maintenance ownership, and the property includes on-site laundry facilities. For operational practicality, there is dedicated landlord storage space, supporting day-to-day management. Off-street paved parking is also provided for residents.

Located at 320 7th Ave S in St. Cloud, Minnesota, the building is positioned near St. Cloud State University, Lake George, and downtown amenities. The area is described as walkable, with proximity to campus and transit-oriented access that may be convenient for tenants.

As a turnkey offering, the asset is presented as an income-producing residential investment with a straightforward unit mix and resident-focused conveniences, including on-site laundry and parking. The all-1-bedroom configuration can simplify leasing and maintenance planning, while the dedicated storage and established site improvements support efficient property operations. For investors or owners looking for a manageable, purpose-built rental property in an established St. Cloud rental area, this 15-unit building is worth a private tour.

Key Highlights

  • Four‑level 15‑unit building built in 1947 with all units offering 1 bedroom and 1 bathroom
  • On‑site laundry included, providing additional income potential for residents
  • Off‑street paved parking available for tenant convenience

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

1,308
Businesses Nearby

Demographics for 56301, MN

33,786
Population
13,511
Households
2.5
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
76.6 sq mi
ZIP Area
441
Density / Sq Mi
$69,725
Median Household Income
$29,226
Median Earnings
$1,103
Median Rent
$262,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four-level, all 1-bedroom community with on-site laundry and off-street paved parking for convenient tenant living.
Where is this apartment building located?
The property is located at 320 7th Ave S Saint Cloud, MN.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Four‑level 15‑unit building built in 1947 with all units offering 1 bedroom and 1 bathroom; On‑site laundry included, providing additional income potential for residents; Off‑street paved parking available for tenant convenience
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