USAMNSaint PaulTerrace Park Add To, the C487 Grand Ave
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487 Grand Ave, Saint Paul, MN

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,000,000

000

MLS® 7021856

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $36,502
Days Active 1
Approx. Age 1928
MLS® Number 7021856

Property Address: 487 Grand Ave, Saint Paul, MN, 55102-5602

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

Description

Welcome to an exceptional investment opportunity in the heart of St. Paul! This charming three-story, 19-unit apartment building is perfectly situated on historic Grand Ave, elegantly perched on a hill that offers breathtaking views. This well-maintained building features original hardwood floors throughout, showcasing the timeless craftsmanship and architectural character that defines this beautiful property. The spacious units comprise 12 studio apartments and 7 one-bedroom apartments, each benefitting from great natural light and stunning views through large windows. Key features include: Vacant building ready for new ownership Recent upgrades, including a newer boiler and roof, ensuring efficiency and reliability Clean and well-kept interiors, inviting a variety of potential uses Great layout with large unit sizes, allowing for versatile living arrangements Historically, the property served as a supportive housing medical facility, creating an ideal opportunity for the new owner to continue in that capacity or transition to market-rate apartments, sober housing, supportive housing, or other beneficial uses. Don’t miss the chance to acquire this fantastic investment on Grand Ave, where charm meets modern updates, all while being surrounded by scenic views and the vibrant community of St. Paul.
MLS® Number7021856
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1928
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

Feb 17, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
487 Grand Ave, Saint Paul, MN

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