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Updated Multifamily Apartment Building
For Sale
$699,900

609 Portland Avenue, Saint Paul, MN 55102

Four large apartments plus a lower-level efficiency with off-street parking and basement laundry.

Property Size7,500 SF
Price / SF$93.32
Days on Market254

Property Features for 609 Portland Avenue

General Information

Standard status Active
Size 7,500 SF
Total Parking Spaces 5
Property subtype General Commercial

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $14,522

Amenities

laundry
3
Parking.
Assigned Parking Space, Lot.
Trees/Woods
Public Transport.

Building Details

Year Built 1915
Stories 2
Listing Agency: Verve Realty
Listed By: Amy Sperling
Source: Xome
Added: Dec 27, 2025 Changed: Sep 1 Last Checked: Sep 6 at 3:49AM

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 Verve Realty

Investment Insights

Based on property information with market context.

This apartment building offers five residential units: four large apartments and one efficiency located on the lower level. The units have been updated over time, and the property is described as well maintained, combining preserved character with modern conveniences. Each unit includes one off-street parking space in the back, and there is laundry located in the basement.

The property is located at 609 Portland Avenue in Saint Paul, MN 55102. Showings require 48 hours’ notice; one unit is available for the first viewing, and a second showing can allow viewing of all units.

Additional improvements are referenced in the supplement, including a “long list” of updates, though specific items are not detailed in the provided information.

Key Highlights

  • Building includes 4 large apartments plus 1 lower‑level efficiency
  • All units have been updated over time and include 1 off‑street parking space in the back
  • Laundry located in the basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Tech Support Center Auto Parts Store Accounting Firm

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,510
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 - Four large apartments plus a lower-level efficiency with off-street parking and basement laundry.
Where is this apartment building located?
The property is located at 609 Portland Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Building includes 4 large apartments plus 1 lower‑level efficiency; All units have been updated over time and include 1 off‑street parking space in the back; Laundry located in the basement
More about this property
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