Building Details

Units 18

Listing Agency: Matthews k***@matthews.com Show Phone

Listed By: Kurt Sauer · License #40841921

Source: Crexi

Added: Aug 13 Changed: Aug 18 Last Checked: Aug 19 at 5:46AM

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Investment Insights

Based on property information with market context.

This apartment building contains 18 residential units within 18,737 square feet of property. The multifamily asset is located at 982 Ivy Avenue East in St. Paul, Minnesota 55106.

Key Highlights

• 18 residential units
• 18,737 square feet
• 982 Ivy Avenue East, St. Paul, MN 55106

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility

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

18

Residential units

Location Intelligence

Trade Area within ½ mile

553

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily asset comprising 18 residential units.

Where is this apartment building located?

The property is located at 982 Ivy Avenue East Saint Paul, MN.

What is the asking price?

The asking price for this property is $1,549,500.

What are key features of this property?

This property features: 18 residential units; 18,737 square feet; 982 Ivy Avenue East, St. Paul, MN 55106