50-Unit Apartment
For Sale
Contact for pricing
Pending
563 Cleveland Ave S, Saint Paul, MN 55116
Two-property multifamily community with studios and one- and two-bedroom homes near St. Catherine University.
Property SizeContact for details
Days on Market189
Property Features for 563 Cleveland Ave S
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
50
Building Details
Year Built
1948
Buildings
2
Units
50
Listing Agency:
Michel Commercial Real Estate International
Listed By:
Heidi Addo · License #MN
Source:
Crexi
Added: Apr 17
Changed: Oct 1
Last Checked: Oct 20 at 8:32PM
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 Michel Commercial Real Estate International
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Cleveland Terrace is a 50-home apartment community comprising two properties in Saint Paul’s Highland Park neighborhood. Built in 1948, the community includes studio, one-bedroom, and two-bedroom layouts. Many homes feature stainless steel appliances, hard-surface flooring, updated cabinetry, and modern lighting.
The property offers access to I-35E, I-94, and Hwy 52, with downtown Saint Paul and downtown Minneapolis among the connected employment centers. Dining, shopping, and coffee shops are within walking distance, while the Mississippi River, Minnehaha Regional Park, and St. Catherine University are nearby. The location supports proximity to both neighborhood amenities and major transportation routes.
The property offers access to I-35E, I-94, and Hwy 52, with downtown Saint Paul and downtown Minneapolis among the connected employment centers. Dining, shopping, and coffee shops are within walking distance, while the Mississippi River, Minnehaha Regional Park, and St. Catherine University are nearby. The location supports proximity to both neighborhood amenities and major transportation routes.
Key Highlights
- 50 homes across two properties
- Studio, one‑bedroom, and two‑bedroom layouts
- Many units include stainless steel appliances and hard‑surface flooring
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
50
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,268
Businesses Nearby
Explore this area
Business Placement
Demographics for 55116, MN
25,992
Population
12,818
Households
2
Avg Household Size
41
Median Age
60%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
4,726
Density / Sq Mi
$83,156
Median Household Income
$53,705
Median Earnings
$1,279
Median Rent
$405,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-property multifamily community with studios and one- and two-bedroom homes near St. Catherine University.
Where is this apartment building located?
The property is located at 563 Cleveland Ave S Saint Paul, MN.
What are key features of this property?
This property features: 50 homes across two properties; Studio, one‑bedroom, and two‑bedroom layouts; Many units include stainless steel appliances and hard‑surface flooring
