Property for Sale in Saint Paul
1631 Charles Avenue
Saint Paul, MN 55104

Price
$1,400,000

MLS #
6739015

Status
Active


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Property Details

Year Built
1940

Square Feet
10,260

Parking Features
On-Street Parking Only

Zoning
Residential-Multi-Family

2025 Property Taxes
$24,792

School District
St. Paul

County
Ramsey


Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. All units are currently occupied and leased and ready for new owners to take over!! Stabilized with zero delinquencies - 7.11% Cap Rate!!

6739015
Leaflet | Map data © Mapbox contributors

Snelling Ave to Charles / West to Building / on the north side of Charles


Snelling Ave to Charles / West to Building / on the north side of Charles

Features


Utilities
Electric Separate,Heating Common,Hot Water Common

Cooling
Window Unit(s)

Heating
Boiler,Hot Water

Sewer
City Sewer/Connected

Water
Public

Additional Info


Includes
Range,Refrigerator

Listed By
Nathan Opatz of Apartment Cash Flow, Inc.

Listed
06/14/25 and last updated 07/03/25

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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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