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Five-Unit Multifamily Building
For Sale
$650,000

609 Portland Avenue, Saint Paul, MN 55102

Updated apartments combine period character with modern conveniences, and each unit has an off-street parking space.

Property Size7,500 SF
Price / SF$86.67
Days on Market9

Property Features for 609 Portland Avenue

General Information

Standard status Active
Size 7,500 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning Residential-Multi-Family

Units

Unit Mix 4 x large apartment, 1 x efficiency
Multifamily Units 5
Parking per Unit 1

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $14,522

Amenities

laundry room

Building Details

Building Size 7,500 SF
Year Built 1915
Buildings 1
Units 5
Listing Agency: Verve Realty
Listed By: Amy Sperling
Source: Getyoumoved
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 29 at 10:58PM

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

Rey
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Investment Insights

Based on property information with market context.

This 7,500-square-foot multifamily building, constructed in 1915, contains four apartments and one lower-level efficiency. The units have received updates over time, retaining period character alongside modern conveniences. Laundry facilities are located in the basement, and each unit has one off-street parking space at the rear.

The property is at 609 Portland Avenue in Saint Paul’s Ramsey Hill neighborhood. Its zoning is Residential-Multi-Family.

Key Highlights

  • Four apartments and one lower‑level efficiency
  • 7,500 square feet; built in 1915
  • One off‑street parking space per unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Frequently Asked Questions

What type of property is this?
Multifamily property - Updated apartments combine period character with modern conveniences, and each unit has an off-street parking space.
Where is this multifamily property 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 and one lower‑level efficiency; 7,500 square feet; built in 1915; One off‑street parking space per unit
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