USAMNSaint PaulHamline Syndicate Add, No31563 Charles Ave
Listing image | Image 1

1563 Charles Ave, Saint Paul, MN

House

For Sale

Listed price in listed location currency (USD).
$810,000

1392

MLS® 7105907

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $12,250
Days Active 1
Lot Size 0.109 Acres
Approx. Age 1911
MLS® Number 7105907

Property Address: 1563 Charles Ave, Saint Paul, MN, 55104-2320

Average square foot calculated using Size range provided by listing agent.

Description

563 Charles Avenue offers an exceptional multifamily investment featuring a stable, cash-flowing operational foundation with immediate built-in upside. Priced at $810, 000, this 9-unit apartment asset delivers an incredibly rare entry-level basis of just $90, 000 per door in St. Paul’s resilient Hamline-Midway submarket. Boasting a strong historical occupancy profile, the building is currently 8/9 occupied, presenting buyers with the perfect mix of day-one cash flow and immediate lease-up potential. All tenants but pay for gas and electric, with the exception of one unit only paying electric. Spanning 5, 620 square feet of rentable area, the property is characterized by easy-to-manage, practical layouts that consistently appeal to the neighborhood's deep pool of student and workforce renters. A massive competitive advantage for this asset is the inclusion of a 2-stall detached garage structure—a highly prized luxury during Minnesota winters that gives management a distinct edge in tenant retention and extra monthly cash flow. Shared coin-operated laundry infrastructure further supplements the building’s strong baseline revenue.
MLS® Number7105907
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1911
Basement
DrivewayOn-Street Parking Only
Garage Spaces
HeatBoiler
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 8, 2026List Date
$810,000List Price
  • Commute

Commute

Starting Address
Destination Address
1563 Charles Ave, Saint Paul, MN

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