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    358 1st S Ave South Saint Paul, MN 55075-2631
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    Property profile & analytics

    358 1st S Ave South Saint Paul, MN 55075-2631


    • Apartment buildings
    • 3,715 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Mar 15, 2022
    Property ID
    US46-0822935
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Apartment buildings

    Property Details for 358 1st S Ave

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    3,715 SF
    Zone code
    R
    Property type
    Apartment buildings
    APN
    36-64300-16-160
    APU
    366430016160

    Description

    This exceptional value-add opportunity presents a five-unit apartment building located at 358 1st Ave S, South Saint Paul, Minnesota, 55075. The property, built in 1900, is a three-story Class C building and features a total of five units. The unit mix includes four one-bedroom apartments and one larger one-bedroom unit with an additional den. The building is heated by a boiler system and has a pitched roof. Recent improvements include a new exterior staircase, representing a $10,000 investment. This property offers significant potential for value enhancement through strategic renovations and upgrades. Its convenient location near the Highway 494/694 loop provides easy access to the greater Twin Cities metropolitan area, enhancing its appeal to a wide range of tenants. Priced at $450,000, this is a compelling investment opportunity for those seeking a multifamily property in a desirable location with immediate upside potential. The property is situated in Dakota County, Minnesota. This is a rare chance to acquire a well-located, multi-unit building with a strong foundation for future growth. The asking price reflects the current market conditions and the property's inherent value-add potential.


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    Location Insight

    • Map
    • Local Demand
    City
    South Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.0351
    Latitude
    44.8855
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,100
    $52,400
    $330,800
    $383,200
    -
    $52,400
    $330,800
    $383,200
    More about this property
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