USAMNSaint PaulWakefield Place991 Wakefield Avenue
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$1,500,000

For Sale

3 hours ago

991 Wakefield Avenue, Saint Paul, MN

House

MLS® 7070432

0 Bed

0 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $6,954
Days Active 0
Lot Size 
Approx. Age 1916
MLS® Number 7070432

Property Address: 991 Wakefield Avenue, Saint Paul, MN, 55106

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

Description

These properties are investor-only and cannot be owner-occupied. **Phase 3 includes: 991 Wakefield Ave, 991 Hudson Rd, 982 Burr Ave, 856 Burr Ave, 686 Bradley 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® Number7070432
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1916
Basement
DrivewayDetached Garage, Gravel, Asphalt, Shared Driveway, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
991 Wakefield Avenue, Saint Paul, MN

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