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5-Unit Apartment Building
For Sale
$650,000

609 Portland Avenue, Saint Paul, MN 55102

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.18 Acres
Days on Market202

Property Features for 609 Portland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 10
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 2, Bedroom 10, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 5, Basement, Bathroom 4, Bathroom 3, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 3, Bathroom 1
Parking features Assigned, Parking Lot
Appliances Dishwasher, Range, Refrigerator
Subdivision Subdivision Of Blocks 17 &, 23
Lot features Public Transit (w/in 6 blks), Tree Coverage - Light
High school district St. Paul
Directions From Exit 240 Dale St. Head South on Dale turn East onto Portland
Standard status Active
APN 012823230106
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14522

Utilities

Heating system Oil
Cooling system Ductless

Amenities

laundry in basement

Building Details

Year built 1915
Listing Agency: Verve Realty
Listed By: Amy Sperling
Added: Mar 20 Changed: Oct 6 Last Checked: Oct 7 at 7:06PM
MLS# 7039926

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1915 apartment building in Saint Paul contains four apartments and one lower-level efficiency. The residences have been updated over time, and each has one off-street parking space. Laundry facilities are located in the basement.

The property occupies a 0.178-acre lot. Appliances include dishwashers, ranges, and refrigerators; heating is oil-fired, with ductless cooling.

Key Highlights

  • Four apartments plus one lower‑level efficiency
  • One off‑street parking space for each unit
  • Basement laundry

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
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

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 - Five residences combine updated interiors with assigned off-street parking and shared 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 $650,000.
What are key features of this property?
This property features: Four apartments plus one lower‑level efficiency; One off‑street parking space for each unit; Basement laundry
More about this property
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