$699,900
Off-Market Date: 06/06/20261145 7th Street W Saint Paul, MN 55102
Pending MLS# 7024561
7,600 sq ft Commercial
Details for 1145 7th Street W
MLS# 7024561
Description for 1145 7th Street W, Saint Paul, MN, 55102
WEST 7TH STREET APARTMENTS IS A CLASSIC ALL-BRICK SEVEN-UNIT BUILDING CLOSE TO DOWNTOWN SAINT PAUL, THE MALL OF AMERICA, AND THE MPLS/ST.PAUL INTERNATIONAL AIRPORT. THIS PROPERTY HAS BEEN VERY WELL MANAGED AND CARED FOR OVER THE YEARS, CLEAN AND CONSTRUCTED IN 1966. RESIDENTS ENJOY THE OFF-STREET PARKING LOT ALONG WITH THE OPTION TO RENT ONE OF THE FOUR GARAGES. THERE IS ONSITE COIN LAUNDRY AND EXTRA STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC. OWNER PAYS HEAT, WATER AND TRASH. ALL FOUR UPPER APARTMENTS FEATURE OAK HARDWOOD FLOORING AND THEY ALL HAVE WALL AIR CONDITIONING UNITS. SPACIOUS ROOMS AND ONE OF THE LOWER LEVEL UNITS IS A SPECIAL TWO-BED TWO-BATHROOM UNIT! ORIGINALLY BUILT WITH AN OFFICE THERE IS A WAY TO CONVERT BACK TO 7 UNITS PLUS OFFICE OR MAKE THE SPACE BEHIND THE LAUNDRY ROOM ANOTHER 8TH UNIT. INCREASE CASH FLOW BY IMPLEMENTING A RATIO UTILITY BILLING SYSTEM (RUBS) TO CAPTURE MORE INCOME. A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT! NET OPERATING INCOME $57,272.08 AND A TRUE 8.18+ CAP RATE
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Pending
Lot Size: 0.22 Acres
Square Feet: 7,600 sq ft
Year Built: 1966
Foundation: 3,800 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Clarkes Add
Number Of Units Total: 7
Current Use: Residential
County: Ramsey
Days On Market: 105
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Interior Features
Appliances: Range, Refrigerator
Flooring: Carpet,Luxury Vinyl Plank,Tile,Wood
Basement: Egress Windows, Finished (Livable), Full
Additional Interior Features: Cable, Kitchen Window, Tile Floors, Natural Woodwork
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Common,Hot Water Common
Cooling: Wall
Heating: Natural Gas, Boiler, Hot Water
Exterior / Lot Features
Garage Spaces: 4
Open Parking: 6
Parking Description: Parking Lot, Detached Garage, Driveway - Asphalt
Exterior: Brick/Stone
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Lot Dimensions: 80 x 120
Zoning: Residential-Multi-Family
Topography: Level
Fencing: Chain Link
Additional Exterior/Lot Features: Tree Coverage - Light, Land Inclusions - Building,Land,Leases,Rental License, Road Frontage - City
Driving Directions
West 7thn to property
Financial Considerations
Tenant Pays: Electric
Owner Pays: Fuel,Hot Water,Maintenance/Repair,Snow,Taxes,Trash,Water
Gross Income: 89534
Expense: 32262
Tax/Property ID: 112823420117
Tax Amount: 13372
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Apartment Cash Flow, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Sales History & Tax Summary for 1145 7th Street W
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1145 7th Street W
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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