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Historic Brick Apartment Building
New
For Sale
$1,500,000

399 Ashland Ave, Saint Paul, MN 55102

Nineteen-unit residential property with studios, one-bedroom apartments, shared bathrooms, kitchens, and on-site laundry.

Property Size10,828 SF
Price / SF$138.53
Days on Market2

Property Features for 399 Ashland Ave

General Information

Standard status Active
Size 10,828 SF
Total Parking Spaces 4
Zoning Multiple-dwelling

Units

Unit Mix 16 x studio with kitchenette, 3 x one bedroom, one bath
Multifamily Units 19

Amenities

patios
coin laundry
storage

Building Details

Year Built 1890
Buildings 1
Construction garden-style
Listing Agency: Apartment Cash Flow, Inc.
Listed By: Nathan P. Opatz · License ##40329256
Source: Putyourrootsdown
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 9:27AM

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.

Built in 1890, this 10,828-square-foot apartment property contains 19 garden-style units, including 16 studios with kitchenettes and 3 one-bedroom, one-bath apartments. Sixteen units use 6 common-area bathrooms, while each apartment includes either a full-size kitchen or kitchenette. Tall ceilings and skylights add distinctive interior features, and the building has an all-brick-and-stone exterior.

The property includes 4 off-street parking spaces, two resident patios, and a basement with additional storage areas. Two sets of seller-owned coin-operated laundry machines serve the building. Mechanical systems include two hot water boilers with caravan slant fin heating, while window air conditioners are provided by tenants. Roofing consists of newer pitched asphalt sections combined with flat rubber roofing. The property is zoned Multiple-dwelling and is located at 399 Ashland Ave in Saint Paul, Minnesota.

Key Highlights

  • 19 garden‑style apartment units: 16 studios and 3 one‑bedroom, one‑bath apartments
  • 10,828 square feet across a building constructed in 1890
  • All‑brick‑and‑stone exterior with newer pitched asphalt and flat rubber roofing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Tech Support Center Dental Office Pet Grooming Service

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

19
Residential units

Location Intelligence

Trade Area within ½ mile

2,759
Businesses Nearby

Demographics for 55102, MN

20,355
Population
11,582
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
3.3 sq mi
ZIP Area
6,168
Density / Sq Mi
$74,143
Median Household Income
$54,042
Median Earnings
$1,295
Median Rent
$280,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Nineteen-unit residential property with studios, one-bedroom apartments, shared bathrooms, kitchens, and on-site laundry.
Where is this apartment building located?
The property is located at 399 Ashland Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 19 garden‑style apartment units: 16 studios and 3 one‑bedroom, one‑bath apartments; 10,828 square feet across a building constructed in 1890; All‑brick‑and‑stone exterior with newer pitched asphalt and flat rubber roofing
More about this property
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