412 Pierce Street N, Saint Paul, MN 55104 (MLS# 7069447)

412 Pierce Street N, Saint Paul, MN 55104

$499,000
Property Type: Commercial Square Footage: 14,937 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $499,000 List Date: 5/07/2026 Last Modified: 6/26/2026

Overview

Description

412 Pierce Street is a renovated multifamily property situated near Allianz Field in the desirable Snelling/Midway area of Saint Paul. Units include 2 bedrooms and 1 bathroom layouts with updated finishes completed approximately six years ago, including granite countertops and stainless steel appliances. The roof was recently replaced, adding additional value for investors. The property provides strong in-place income and future appreciation potential.

Listing Details MLS# 7069447

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
14
Owner Occupied
No
Waterfront YN
No
Year Built
1926
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
4752
For Sale or Lease
For Sale
Acres
0.14
Lot Dimensions
120 x 111
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Window Unit(s) CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone; Stucco Foundation: Other Fuel: Natural Gas Heating: Boiler; Steam On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Assigned; Paved Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
499000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
412
Street Name
Pierce
Street Suffix
Street
Street Direction Suffix
N
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Milham Park, Ramsey Co, , Minn

Assessments

Tax With Assessments
10674

Building Information

Building Finished SqFt
14937
Building SqFt
14937

More Information

Income and Expenses

Annual Fuel Expense
11000
Annual Gross Expenses
51073
Annual Gross Income
201492
Annual Insurance Expense
20396
Annual Maintenance Expense
8000
Annual Repair Expense
5077
Annual Trash Expense
3600
Annual Water/Sewer Expense
3000
Total Annual Expenses
50172

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
33
Township#
29

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Lease Expiration Date
2025-08-31

Unit 2

No. of 2 Bedroom Units
15

Unit Details

Total Units
15
IDX
Listing Office: Pemberton RE
Last Updated: June - 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.
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