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Turnkey 15-Unit Apartment Building
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320 7th Ave S, Saint Cloud, MN 56301

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 Market63

Property Features for 320 7th Ave S

General Information

Standard status Active
Size 10,656 SF
Property subtype Multifamily
Zoning Residential-Multi-Family

Building Details

Year Built 1947
Units 15
Listing Agency: Coldwell Banker Realty
Listed By: Chris Hauck · License #MN 2673222
Source: Crexi
Added: Jun 11 Changed: Aug 10 Last Checked: Aug 11 at 6:08PM

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

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

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Locksmith Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

895
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

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 - 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
More about this property
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