Property for Sale in Saint Paul
149 Morton E Street
Saint Paul, MN 55107

Price
$1,295,000

MLS #
7022196

Status
Active


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Property Details

Year Built
1963

Square Feet
7,800

Parking Features
Asphalt,Parking Lot,Paved Lot

Zoning
Residential-Multi-Family

2025 Property Taxes
$19,036

School District
St. Paul

County
Ramsey


Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.


On the Corner of State & East Morton Street


On the Corner of State & East Morton Street

Features


Utilities
Electric Separate,Heating Common,Hot Water Common

Cooling
Wall 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
02/16/26 and last updated 02/16/26

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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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