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Four-Unit Quadplex with Parking
For Sale
$374,000

893 Jenks Ave, Saint Paul, MN 55106

Fully rented multifamily property with separate mechanical systems, basement storage, and off-street parking.

Property Size4,326 SF
Price / SF$86.45
Days on Market43

Property Features for 893 Jenks Ave

General Information

Standard status Active
Size 4,326 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Amenities

off-street parking
lockable basement storage units
coin-operated washer and dryer

Building Details

Year Built 1889
Buildings 1
Tenancy Multi
Listing Agency: HomeAvenue Inc
Listed By: Brian Raney
Source: Tayloronken
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 7:01PM

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 HomeAvenue Inc

Investment Insights

Based on property information with market context.

Built in 1889, this 4,326-square-foot quadplex contains four 1-bedroom, 1-bathroom apartments, all currently rented. Each residence has its own forced-air heating system with an individual thermostat, a dedicated 50 Amp electrical panel, and a 40-gallon water heater. One apartment has been updated.

The property includes off-street parking behind the building and lockable basement storage assigned to each tenant. A coin-operated washer and dryer provides an additional on-site amenity. Tenants pay gas and electric, while ownership covers trash, water, sewer, lawn care, snow removal, and electricity serving the common areas. The building is near shopping, bike trails, and public transit.

Key Highlights

  • Four 1‑bedroom / 1‑bathroom units, all currently rented
  • 4,326 SF quadplex built in 1889
  • Separate forced‑air heating, 50 Amp electrical panels, and 40‑gallon water heaters for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Electrical Service Locksmith Real Estate Agency

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,068
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?
Quadplex - Fully rented multifamily property with separate mechanical systems, basement storage, and off-street parking.
Where is this quadplex located?
The property is located at 893 Jenks Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Four 1‑bedroom / 1‑bathroom units, all currently rented; 4,326 SF quadplex built in 1889; Separate forced‑air heating, 50 Amp electrical panels, and 40‑gallon water heaters for each unit
More about this property
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