Saint Paul, MN 55104,1232 Marshall AVE
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Saint Paul, MN 55104,1232 Marshall AVE
Saint Paul, MN 55104,1232 Marshall AVE
Saint Paul, MN 55104,1232 Marshall AVE
Saint Paul, MN 55104,1232 Marshall AVE
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Jenny Barthel

Jenny Barthel

Jennifer Barthel

+1(612) 990-3863
$ 810,000
Est. payment /mo
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1232 Marshall AVE Saint Paul, MN 55104

5,227 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Anna E Ramsey Add

MLS Listing ID 6709632

Year Built 1917

Annual Tax Amount $14,203

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions TBD

Property Description

Exceptionally located across the street from Concordia University, this fully occupied 6-unit apartment building offers strong long-term potential. Recent maintenance improvements and upgraded mechanical systems, including updated utility meters, provide peace of mind and added value for investors.
Additional features include a basement laundry facility that generates supplemental monthly income of $75/month, and a private 4-space parking lot behind the building—an attractive perk for tenants. The basement could be used as storage for a future value add. The property is extremely accessible, with four bus stops within a 5-minute walk, and is conveniently located near multiple higher education institutions including Mitchell Hamline School of Law, Macalester College, and the University of St. Thomas.
Tenants enjoy proximity to a variety of amenities and cultural attractions such as Great River Water Park, Allianz Field (home of MN United FC), Xcel Energy Center, The Ordway Theater, Science Museum of Minnesota, and the Minnesota History Center. Plus, they're just minutes from Trader Joe's, Whole Foods, and an exciting local dining scene.
A rare opportunity in a high-demand rental area—ideal for both seasoned investors and those looking to expand their portfolio.

Location

State MN

County Ramsey

Zoning Business/Commercial,Other

Rooms

Basement Block, Full, Unfinished

Interior

Heating Baseboard, Boiler

Cooling Window Unit(s)

Inclusions Building

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Gravel, Parking Lot

Utilities Available Electric Separate, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Residential

Building

Story Three Or More

Foundation 2040

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Stucco

Schools

School District St. Paul


Listed by Kerby Skurat • RE/MAX Results

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agent
Jenny Barthel

Agent | License ID: 40696030

+1(612) 990-3863 | jennifer@mnpropertyjam.com

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1232 Marshall AVE