1610 Albemarle Street, Saint Paul, MN 55117 (MLS# 7151644)

1610 Albemarle Street, Saint Paul, MN 55117

New Listing

$895,000

Property Type: Commercial Bedrooms: 7 Baths: 8 Square Footage: 5,986 Lot Size (sq. ft.): 12,632 Status: Active

Current Price: $895,000 List Date: 9/29/2026 Last Modified: 9/29/2026

Overview

Description

Solid all-brick 8-unit apartment building featuring seven 1-bedroom units and one studio, offering a desirable mix for renters. The property has a newer roof, on-site laundry, and off-street parking located behind the building. Conveniently situated within walking distance of shopping, restaurants, a beach, parks, gas station, and public transportation, making this a location that appeals to tenants who value convenience and accessibility. The property is easy to show and easy to rent, making it an excellent opportunity for an investor looking for a well-located multifamily property with a practical unit mix and desirable tenant amenities. This building qualifies as Affordable Housing. A great opportunity to add an established 8-unit property to your investment portfolio.

Listing Details MLS# 7151644

General Property Information

Lot Measurement: Acres
Management Company Name: Total Real Estate Success
Multiple PIDs?: No
Other Parking Spaces: 8
Owner Occupied: No
Waterfront YN: No
Year Built: 1968
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 2993
Management Company Phone: 651-222-3456
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.29
Lot Dimensions: 123 x 100
Assessment Pending: Yes

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Balcony Appliances: Range; Refrigerator Assumable Loan: Not Assumable CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard Loan Terms: Cash; Conventional; FHA; VA Lot Description: Corner Lot On Site Utilities: Electric Separate Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Heat; Hot Water; HVAC Maintenance; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Trash Collection; Water Parking Characteristics: Parking Lot Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 895000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1610
Street Name: Albemarle
Street Suffix: Street
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55117
Complex/Dev/Subdivision: Rice Street Villas

Assessments

Assessment Balance: 1200
Tax With Assessments: 16863

Building Information

Building Finished SqFt: 5986
Building SqFt: 5986

More Information

Income and Expenses

Annual Fuel Expense: 4450
Annual Gross Expenses: 15047
Annual Gross Income: 90804
Annual Insurance Expense: 5500
Annual Net Income: 75757
Annual Trash Expense: 2971
Annual Water/Sewer Expense: 2126
Total Annual Expenses: 15047

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 24
Township#: 29

Sale Options

Sale Includes: Building

Unit 1

Unit Number: 101
Monthly Rent: 875
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Level: Below Ground
No. of 1 Bedroom Units: 7

Unit 2

Full Baths: Yes
Leased?: No
Monthly Rent: 948
Total Bathrooms: Yes
Total Rooms: 4
Unit Number: 102

Unit 3

Full Baths: Yes
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Below Ground
Monthly Rent: 899
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Unit Number: 103

Unit 4

Full Baths: Yes
Lease Expiration Date: 2026-10-31
Leased?: Yes
Level: Below Ground
Monthly Rent: 850
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 104

Unit 5

Full Baths: Yes
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1004
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 201

Unit 6

Full Baths: Yes
Lease Expiration Date: 2026-11-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1004
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 202

Unit 7

Full Baths: Yes
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1037
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 203

Unit 8

Full Baths: Yes
Leased?: No
Level: Main Level
Monthly Rent: 1050
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 204

Unit Details

Total Units: 8

Unit Information

No. of Efficiency Units: Yes

Listing Office: Investors Realty MN

Last Updated: September - 29 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1610 Albemarle Street, Saint Paul, MN 55117 (MLS# 7151644)