1702 Laurel Avenue, Saint Paul, MN 55104 (MLS# 7099030)

1702 Laurel Avenue, Saint Paul, MN 55104

$1,550,000
Property Type: Commercial Bedrooms: 1 Baths: 1 Square Footage: 15,000 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,550,000 List Date: 6/25/2026 Last Modified: 8/07/2026

Overview

Description

Impeccable Merriam Park 13 unit in fantastic condition. Almost 100% occupancy for 10 years. Beautiful renovated corner apartments, refinished wood floors, new tile floor in bathrooms, tile back splash in kitchen, new appliances, new counter tops, new window shades, three new ceiling fans, 3 great closets, really quiet building. Also, the laundry room is exceptionally bright with new floors, new bright lighting, glass block windows for security and privacy and new laundry equipment. Each apartment also gets a huge storage locker that is 10 feet by 10 feet. Located just 3 blocks west of Snelling on Laurel you are a short walk to Starbucks, restaurants, bars and other shops and Whole Foods. Some off street parking that is open to any tenant.

Listing Details MLS# 7099030

General Property Information

Lot Measurement
Acres
Management Company Name
Relay Properties
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront YN
No
Year Built
1920
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
5500
Management Company Phone
651-515-1494
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.18
Lot Dimensions
60x150
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: None Amenities Shared: Coin-op Laundry Owned; Concrete Floors & Walls Amenities Unit: Hardwood Floors; Natural Woodwork Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Storage/Locker CMU Style: Apartments/Multi Family Construction Materials: Brick; Frame Construction Status: Previously Owned Current Use: Residential Existing Financing: Other Exterior: Brick Veneer; Stucco Flooring: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lock Box Type: None Lot Description: Corner Lot On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Exterior Maintenance; Gas; Grounds Care; Heat; Lawn; Lawn; Maintenance/Repair; Management Parking Characteristics: Uncovered/Open Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Telephone Wall Description: Plaster Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1550000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1702
Street Name
Laurel
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Schroeders Add To, The Circle

Assessments

Tax With Assessments
27970

Basement

Foundation Dimensions
50x105

More Information

Building Information

Building Finished SqFt
12000
Building SqFt
15000
Ceiling Height
8-10

Income and Expenses

Annual Gross Expenses
95311
Annual Gross Income
201064
Annual Net Income
105753
Total Annual Expenses
95311

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
04
Township#
28

Sale Options

Sale Includes
Building, Land

Unit 1

No. of 1 Bedroom Units
12

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
13

Documents

IDX
Listing Office: First Select
Last Updated: August - 07 - 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.
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