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Renovated Multifamily Investment
For Sale
$499,000

412 Pierce St N, Saint Paul, MN 55104

Renovated multifamily with updated 2 bed, 1 bath units and a recently replaced roof.

Property SizeContact for details
Days on Market108

Property Features for 412 Pierce St N

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $10,674
Listing Agency: Pemberton RE
Listed By: Nathan J Labatt
Source: Exprealty
Added: May 7 Changed: Aug 20 Last Checked: Aug 22 at 11:50AM

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 Pemberton RE

Investment Insights

Based on property information with market context.

412 Pierce Street is a renovated multifamily property featuring updated 2-bedroom, 1-bath unit layouts. The most recent updates were completed approximately six years ago and include granite countertops and stainless steel appliances, supporting a modern, move-in-ready tenant experience. The roof has been recently replaced, adding a key exterior component for long-term ownership.

The property is located in the Snelling/Midway area of Saint Paul, near Allianz Field. Its setting in a desirable local area can be attractive to renters seeking convenient access to nearby destinations.

For investors or buyers looking for a residential income asset, the combination of refreshed interior finishes and recent roof replacement can help reduce near-term capital concerns. With multiple 2-bedroom units and in-place income, the property offers a straightforward path for those wanting to acquire a renovated multifamily in an established Saint Paul market.

Key Highlights

  • Renovated multifamily at 412 Pierce Street near Allianz Field in the Snelling/Midway area of Saint Paul
  • Units feature 2 bed, 1 bath layouts with updated finishes completed approximately six years ago
  • Updates include granite countertops and stainless steel appliances

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Butcher Pet Store Catering Service Pet Store & 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.

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
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?
Multifamily property - Renovated multifamily with updated 2 bed, 1 bath units and a recently replaced roof.
Where is this multifamily property located?
The property is located at 412 Pierce St N Saint Paul, MN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Renovated multifamily at 412 Pierce Street near Allianz Field in the Snelling/Midway area of Saint Paul; Units feature 2 bed, 1 bath layouts with updated finishes completed approximately six years ago; Updates include granite countertops and stainless steel appliances
More about this property
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