1232 Marshall Ave | Image 1

$810,000

10 months ago

12 Bed

6 Bath

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MLS® 6709632

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $14,203
Days Active 291
Approx. Age 1917
MLS® Number 6709632

Property Address: 1232 Marshall Ave, Saint Paul, MN, 55104-6436

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

Description

Exceptionally located across the street from Concordia University offering 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.
MLS® Number6709632
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1917
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2025List Date
$810,000List Price
  • Commute

Commute

Starting Address
Destination Address
1232 Marshall Ave, Saint Paul, MN

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