1145 7th Street W Saint Paul, MN 55102
5,904 Sq. Ft. / 9,583 Sq. Ft., 0.22 acres lot size / Apartment
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WEST 7TH STREET APARTMENTS IS A CLASSIC ALL-BRICK SEVEN-UNIT BUILDING CLOSE TO DOWNTOWN SAINT PAUL, THE MALL OF AMERICA, AND THE MPLS/ST.PAUL INTERNATIONAL AIRPORT. THIS PROPERTY HAS BEEN VERY WELL MANAGED AND CARED FOR OVER THE YEARS, CLEAN AND CONSTRUCTED IN 1966. RESIDENTS ENJOY THE OFF-STREET PARKING LOT ALONG WITH THE OPTION TO RENT ONE OF THE FOUR GARAGES. THERE IS ONSITE COIN LAUNDRY AND EXTRA STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC. OWNER PAYS HEAT, WATER AND TRASH. ALL FOUR UPPER APARTMENTS FEATURE OAK HARDWOOD FLOORING AND THEY ALL HAVE WALL AIR CONDITIONING UNITS. SPACIOUS ROOMS AND ONE OF THE LOWER LEVEL UNITS IS A SPECIAL TWO-BED TWO-BATHROOM UNIT! A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT! NET OPERATING INCOME $50,974 AND A TRUE 7+ CAP RATE
property details
Type
Apartment
Status
Active
County
Ramsey
Year Built
1966
Sq. Ft.
5,904
Lot Size
9,583 Sq. Ft., 0.2 acres
Listing Id
6677569
Courtesy Of
Nathan Opatz - Apartment Cash Flow, Inc. +1 651 263 3653
List Office Phone
+1 651 263 3653
Subdivision
Clarkes Add
Interior Features
Appliances
Dishwasher
Range
Refrigerator
Range
Refrigerator
Living Area Units
Sq. Ft.
Exterior Features
Lot/Land Description
Level
Parking
Parking Lot
Stories
2
Utility & Building Info
Sewer
Public Sewer
Parcel Number
112823420117
Cooling
Wall Unit(s)
Water Source
Public Water
Heating
Gas Heat
Hot Water
Hot Water
Tax Amount
15216
Building Area Total
5,904 Sq. Ft.
Price Per Sq Ft
$123
Architectural Style
2 Story
| ®Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. |
Price History
| date | event | price | source |
|---|---|---|---|
|
07/23/2025
07/23/2025
|
Active |
$725,000
|
Regional MLS of Minnesota (NorthstarMLS) |
|
04/15/2025
04/15/2025
|
Pending |
$735,000
|
Regional MLS of Minnesota (NorthstarMLS) |
|
03/21/2025
03/21/2025
|
Active |
$735,000
|
Regional MLS of Minnesota (NorthstarMLS) |
|
02/28/2025
02/28/2025
|
Pending |
$745,000
|
Regional MLS of Minnesota (NorthstarMLS) |
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Market Trends
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