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Brick 16-Unit Apartment Complex
For Sale
$1,595,000

881-889 Maryland Avenue E, Saint Paul, MN 55106

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market148

Property Features for 881-889 Maryland Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 22
Bathrooms 16
Full bathrooms 16
Rooms Bedroom 21, Bedroom 3, Bedroom 1, Bathroom 6, Bedroom 16, Bathroom 7, Bedroom 18, Bathroom 2, Bathroom 13, Bedroom 7, Bedroom 11, Bathroom 14, Bathroom 1, Bathroom 8, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 12, Bedroom 8, Bathroom 11, Bathroom 16, Bathroom 10, Bedroom 22, Bedroom 9, Bathroom 9, Bedroom 17, Bathroom 15, Bedroom 19, Bedroom 14, Bedroom 20, Bathroom 4, Bedroom 15, Bathroom 5, Bedroom 4, Bathroom 12, Bathroom 3, Bedroom 10, Bedroom 13
Parking features Driveway, Parking Lot
Exterior features Brick/Stone
Appliances Range, Refrigerator
Subdivision Wilders Add
Lot features Public Transit (w/in 6 blks), Tree Coverage - Light
High school district St. Paul
Directions 35E to Maryland Ave. E, East to Apartment
Standard status Active
APN 212922330139
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 29397

Utilities

Heating system Oil

Building Details

Year built 1958
Building materials Block, Brick, Frame
Roof type Flat
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Christopher J Ames · License #710057
Added: Apr 2 Changed: Aug 27 Last Checked: Aug 27 at 9:06PM
MLS# 7015772

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 apartment property includes two brick buildings with 16 units in total. The six-unit building contains five two-bedroom units and one one-bedroom unit, while the ten-unit building includes nine one-bedroom units and one two-bedroom unit. Range and refrigerator appliances are provided, and the buildings date to 1958.

Residents have access to a driveway and parking lot, with public transit located outside the property. The complex is a few blocks from Lake Phalen and near Johnson High School, Farnsworth Elementary, and area shipping and dining options. The property is located on Maryland Avenue E in Saint Paul’s East St. Paul area.

Key Highlights

  • 16‑unit apartment complex across two buildings
  • Six‑unit building with five two‑bedroom units and one one‑bedroom unit
  • Ten‑unit building with nine one‑bedroom units and one two‑bedroom unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

864
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two apartment buildings offer varied unit layouts, off-street parking, and transit access near Lake Phalen.
Where is this apartment building located?
The property is located at 881-889 Maryland Avenue E Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 16‑unit apartment complex across two buildings; Six‑unit building with five two‑bedroom units and one one‑bedroom unit; Ten‑unit building with nine one‑bedroom units and one two‑bedroom unit
More about this property
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