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New
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49 Manitoba Ave | Image 7

$880,000

For Sale

A day ago

49 Manitoba Ave, Saint Paul, MN

House

MLS® 7065946

0 Bed

0 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $3,571
Days Active 1
Lot Size 
Approx. Age 1887
MLS® Number 7065946

Property Address: 49 Manitoba Ave, Saint Paul, MN, 55117-5410

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

Description

These properties are investor-only and cannot be owner-occupied. **Phase 1 includes: 49 Manitoba Ave W, 89 Atwater St W, & 1003 N. Woodbridge St.** This offering represents one of five phases within a larger portfolio. Properties within each phase must be sold together. Investors may acquire individual phases, multiple phases, or the entire portfolio as a single acquisition. As a full portfolio, the offering consists of 17 properties and 35 residential units located throughout Saint Paul. All properties participate in the NSP program with affordability covenants in place through August 2028, providing stable, AMI-based income at 50% AMI with a clear path to increased rents at 60% AMI upon program maturity. The portfolio is comprised primarily of duplex-style assets with larger unit configurations, strong occupancy history, and consistent cash flow. Operational advantages include reduced property taxes through 4D classification and exemption from Saint Paul rent stabilization enforcement. Ideal for investors seeking predictable income, operational stability, and long-term upside through structured rent growth & scalable acquisition opportunities.
MLS® Number7065946
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1887
Basement
DrivewayDetached Garage, Asphalt, On-Street Parking Only
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$880,000List Price
  • Commute

Commute

Starting Address
Destination Address
49 Manitoba Ave, Saint Paul, MN

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