Property for Sale in Saint Paul
1232 Marshall Avenue
Saint Paul, MN 55104

Price
$810,000

MLS #
6709632

Status
Active


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Property Details

Year Built
1917

Square Feet
6,120

Parking Features
Gravel,Parking Lot

Zoning
Business/Commercial, Other

2025 Property Taxes
$14,203

School District
St. Paul

County
Ramsey


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.

6709632
Leaflet | Map data © Mapbox contributors

From N Griggs St, turn left to Marshall Ave. The property is on the left side - 3 blocks after turning left.


From N Griggs St, turn left to Marshall Ave. The property is on the left side - 3 blocks after turning left.

Features


Utilities
Electric Separate,Hot Water Common

Cooling
Window Unit(s)

Heating
Baseboard,Boiler

Sewer
City Sewer/Connected

Water
Public

Additional Info


Includes
Range,Refrigerator

Listed By
Dylan Maitland of RE/MAX Results

Listed
05/07/25 and last updated 06/05/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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