881-889 Maryland Avenue E
Saint Paul, MN 55106
Price: $1,595,000
Solid 16-unit apartment complex opportunity in a high-demand East St. Paul location just a few
blocks from Lake Phalen. This all brick, two-building complex blends classic construction with
strong rental appeal. There is a 6-unit building features five spacious 2 R units and one 1BR,
while the 10-unit building offers nine 1BR units and one 2BR. A great mix of unit options to
capture a broad tenant base. Residents enjoy convenient off-street parking, easy access to public
transit right outside the door and proximity to Johnson High School, Farnsworth Elementary, and a wide array of shipping and dining options. Solid bones, desirable layout, and a good location! This is a rare opportunity to elevate your portfolio with a stable, income-producing asset in a consistently sought-after neighborhood.
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Residential-Multi-Family |
| Year Built |
1958 |
| School District |
St. Paul |
| County |
Ramsey |
| Lot Size |
25 x 125 |
| Acreage |
0.14 acres |
| Bedrooms |
22 |
| Total Baths |
16 |
| Lot Description |
Public Transit (w/in 6 blks),Tree Coverage - Light |
| Number of Units |
16 |
| Tax $ / Year |
$29,397 / 2026 |
| Tax ID |
|
| Legal Description |
|
Includes:
Range,Refrigerator,Building
Additional Features
| Government Programs |
|
| Section |
21 |
| Terrain Type |
|
| Roads |
City Street,Curbs,Paved Streets,Sidewalks,Street Lights,S... |
| Driveway |
|
| Exterior Features |
Block,Brick,Frame |
| Foundation |
4264.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Boiler |
| Pool |
None |
| Roof |
Age Over 8 Years,Flat |
| Sewer Service |
City Sewer - In Street |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Asphalt,Parking Lot |
| Exterior Construction |
|
| Fencing |
None |
| Utilities |
Electric Separate |
| Laundry |
N |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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