399 Ashland Avenue, Saint Paul, MN 55102 (MLS# 7133951)

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

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 inc ...

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
IDX
Listing Office: Apartment Cash Flow, Inc.
Last Updated: August - 26 - 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.