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