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16-Unit Brick Apartment Complex
New
For Sale
$1,395,000

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

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market4

Property Features for 881-889 Maryland Avenue E

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Parking features Parking Lot, Driveway
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

Amenities

off-street parking

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: Sep 28 Last Checked: Oct 1 at 8:06AM
MLS# 7151682

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 16-unit apartment property comprises two buildings with brick construction. The six-unit building contains five two-bedroom apartments and one one-bedroom apartment; the 10-unit building has nine one-bedroom apartments and one two-bedroom apartment. Range and refrigerator appliances are included, and parking is available in a lot and driveway. The buildings were constructed in 1958 and have flat roofs.

The property is a few blocks from Lake Phalen, with public transit outside the door. Johnson High School and Farnsworth Elementary are nearby, along with shopping and dining options.

Key Highlights

  • 16 apartments across two buildings: one with 6 units and one with 10
  • Unit mix includes 5 two‑bedroom and 1 one‑bedroom apartment in the 6‑unit building
  • The 10‑unit building has 9 one‑bedroom and 1 two‑bedroom apartment

Property Analytics

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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
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 - Two buildings offer a mix of one- and two-bedroom apartments with off-street parking.
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 $1,395,000.
What are key features of this property?
This property features: 16 apartments across two buildings: one with 6 units and one with 10; Unit mix includes 5 two‑bedroom and 1 one‑bedroom apartment in the 6‑unit building; The 10‑unit building has 9 one‑bedroom and 1 two‑bedroom apartment
More about this property
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