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Five-Unit Apartment Building
For Sale
$435,000

644 Sherwood Avenue, Saint Paul, MN 55106

Fully occupied five-unit building with spacious two-bedroom units and both front and back access.

Property Size5,280 SF
Price / SF$82.39
Days on Market187

Property Features for 644 Sherwood Avenue

General Information

Standard status Active
Size 5,280 SF
Property subtype Commercial
Zoning Residential-Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $11,360

Building Details

Building Size 5,280 SF
Year Built 1952
Units 5
Listing Agency: Coldwell Banker Realty
Listed By: Deanna Doyle
Source: Juverealestate
Added: Mar 5 Changed: Sep 8 Last Checked: Sep 8 at 8:21AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This fully occupied five-unit apartment building offers spacious two-bedroom units with functional layouts. Each unit benefits from both front and back access, providing convenient entry and day-to-day usability. The property is positioned as a dependable long-term rental asset with a solid rental history.

Located at 644 Sherwood Ave in Saint Paul, the building sits in a quiet, established neighborhood. As presented, it provides immediate cash flow as an investment opportunity, with the added prospect of value through future updates. The combination of consistent unit mix and practical access supports ongoing tenant appeal while offering flexibility for future property improvements.

Key Highlights

  • Fully occupied five‑unit building in Saint Paul
  • All units are 2‑bedroom layouts with spacious, functional floorplans
  • Front and back access from the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom HVAC Service Parking Lot & Garage Real Estate Agency Building Supply

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 55106, MN

60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
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?
Apartment building - Fully occupied five-unit building with spacious two-bedroom units and both front and back access.
Where is this apartment building located?
The property is located at 644 Sherwood Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Fully occupied five‑unit building in Saint Paul; All units are 2‑bedroom layouts with spacious, functional floorplans; Front and back access from the property
More about this property
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