719 Grand Ave Saint Paul, MN 55105-3428
Property Lookup
Property profile & analytics
719 Grand Ave Saint Paul, MN 55105-3428
- Apartment buildings
- 7,707 SF
- 0.14 lot acres
Property ID
US46-0040230
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.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 719 Grand Ave
- Year built
- 1912
- Construction
- WOOD FRAME
- Lot size
- 0.14 lot acres
- Property size
- 7,707 SF
- Zone code
- H
- Property type
- Apartment buildings
- APN
- 02-28-23-41-0156
- APU
- 22823410156
Description
This classic six-unit apartment building, located on Saint Paul's desirable Grand Avenue, presents a compelling investment opportunity. Boasting 7,707 square feet, the property offers a mix of unit sizes, ranging from approximately 430 to 1,100 square feet. Built in 1912 and renovated in 1993, the building provides approximately four off-street parking stalls and a shared tenant common area. The RM2 zoning allows for flexibility. Currently professionally managed, the property enjoys a strong net operating income (NOI) of $50,007. Its prime location offers easy access to public transportation, shopping, dining, and businesses, making it highly attractive to tenants. The property's strong rental history and potential for future rent increases represent a significant value-add opportunity for the discerning investor. Detailed financial information, including the last twelve months' rent rolls and operating expense data, is available upon request with a signed confidentiality agreement. This is an exceptional chance to acquire a well-maintained multifamily property in a thriving Saint Paul neighborhood. The address is 719 Grand Ave, Saint Paul, MN 55105.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $964,000
Market price range: $653k - $1.04M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $845,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,295,000 Change: +53% Conversion: Difficult
- MEDICAL BUILDING
- $1,135,000 Change: +35% Conversion: Moderate
- WAREHOUSE, STORAGE
- $890,000 Change: +5% Conversion: Difficult
- OFFICE BUILDING
- $845,000 Change: +0% Conversion: Moderate
- RETAIL STORES
- $790,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1303
- Latitude
- 44.9403
- 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
$24,392
$120,000
$1,139,100
$1,259,100
-
$120,000
$1,139,100
$1,259,100
