399 Ashland Avenue, Saint Paul, MN 55102
$1,500,000
Property Type:
Commercial
Square Footage:
10,828
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$1,500,000
List Date:
8/26/2026
Last Modified:
8/26/2026
Overview
Description
...
(Read more)
This stately 19-unit investment property is over 10,500+ square feet with loads of charm and historic character. Originally built in 1890 as a side-by-side duplex it now offers nineteen one-bedroom and studio apartments. Three units are full one bedroom, one bathroom units. Sixteen of the units share 6 common area bathrooms. All the units have either a full-size kitchen or a kitchenette. The exterior is all brick and stone and features a newer roof. Tall ceiling heights and skylights!!
Located in one of the most sought after neighborhoods in Saint Paul, Minnesota. Cathedral Hill or Summit Hill is the cities most historic and charming neighborhoods! From its stunning architecture and beautiful real estate to its rich history and vibrant community, this area offers an unforgettable experience for residents and visitors alike. Breathtaking historic homes, iconic landmarks, and some of the best restaurants in the state—including local favorites like WA Frost, known for its incredible ambiance and elevated dining experience.
PROPERTY FACTS
Year Built: 1890
Units: 19 garden style apartments
Square Footage: Building total 10,828 sqft
Zoning: Multiple-dwelling
Parking: 4 off-street parking spots
Exterior: All-brick and stone exterior
Heating: Two hot water boilers / caravan slant fin
Air Conditioning: Window air conditioners / tenants provide
Roof: A combination of newer pitched asphalt roofing and flat rubber roofing
Patios: The front offers two smaller patios for residents to enjoy
Laundry: Two sets of coin laundry machines / seller owned
Storage: Basement has plenty of extra storage areas
UNIT DESCRIPTION
16 - Studio with Kitchenette - Approx. 275+ Sqft. / Average rent $738.53
3 - One Bedroom, One Bath - Approx. 600+ Sqft / Average rent $1,221.67
Listing Details MLS# 7133951
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 4
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1890
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 3600
- For Sale or Lease
- For Sale
- Acres
- 0.16
- Lot Dimensions
- 50 x 144
- Assessment Pending
- No
Property Features
Accessible:
None
Air Conditioning:
Window Unit(s)
Appliances:
Range; Refrigerator
Assumable Loan:
Not Assumable
Basement:
Full
CMU Style:
Apartments/Multi Family
Construction Materials:
Brick; Stone
Construction Status:
Previously Owned
Current Use:
Residential
Existing Financing:
Free and Clear
Exterior:
Brick/Stone
Flooring:
Carpet; Tile; Vinyl/Linoleum; Wood
Foundation:
Stone
Fuel:
Natural Gas
Heating:
Boiler; Hot Water
Loan Terms:
Cash; Conventional
Lock Box Type:
None
Lot Description:
Tree Coverage - Medium
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Owner Pays:
Electricity; Gas; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics:
Parking Lot
Potential Use:
Income; Office; Other; Professional
Rent Rate per Foot:
Per Month
Rental License Type:
Standard
Road Frontage:
City Street
Road Responsibility:
Public Maintained Road
Roof:
Age 8 Years or Less; Asphalt Shingles; Flat; Pitched; Rubber
Sewer:
City Sewer/Connected
Shared Rooms:
Other
Stories:
Three Or More
Topography:
Hilly
Wall Description:
Plaster
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1500000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 399
- Street Name
- Ashland
- Street Suffix
- Avenue
- Postal City
- Saint Paul
- County
- Ramsey
- State
- MN
- Zip Code
- 55102
- Complex/Dev/Subdivision
- Woodland Park Addition, To St
Assessments
- Tax With Assessments
- 24446
Building Information
- Building Finished SqFt
- 10828
- Building SqFt
- 10828
- Ceiling Height
- 11-15
More Information
Income and Expenses
- Annual Caretaker Expense
- 9439
- Annual Electric Expense
- 1500
- Annual Fuel Expense
- 8000
- Annual Gross Expenses
- 85835
- Annual Gross Income
- 188785
- Annual Insurance Expense
- 12000
- Annual Maintenance Expense
- 6000
- Annual Net Income
- 102950
- Annual Repair Expense
- 3600
- Annual Trash Expense
- 3000
- Annual Water/Sewer Expense
- 9000
- Total Annual Expenses
- 85835
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 01
- Township#
- 28
Sale Options
- Sale Includes
- Building, Land, Leases, Rental License
Unit 1
- No. of 1 Bedroom Units
- 3
Unit Details
- Total Units
- 19
Unit Information
- No. of Efficiency Units
- 16
Listing Office:
Apartment Cash Flow, Inc.
Last Updated: August - 26 - 2026
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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.
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