$1,295,000
149 Morton Street E Saint Paul, MN 55107
For Sale MLS# 7022196
7,800 sq ft Commercial
Details for 149 Morton Street E
MLS# 7022196
Description for 149 Morton Street E, Saint Paul, MN, 55107
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Lot Size: 0.39 Acres
Square Feet: 7,800 sq ft
Year Built: 1963
Foundation: 2,600 sq ft
Stories: Three Or More
Subdivision: The W St Paul Re&Imp Synd 1
Number Of Units Total: 12
Current Use: Residential
County: Ramsey
Days On Market: 47
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Interior Features
Appliances: Range, Refrigerator
Flooring: Luxury Vinyl Plank,Tile,Wood
Basement: Concrete Block, Finished (Livable), Full
Additional Interior Features: Cable, Tile Floors, Walk-In Closet, Kitchen Window, Hardwood Floors, Ceiling Fan(s), 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
Open Parking: 10
Parking Description: Parking Lot, Paved Lot, Driveway - Asphalt
Exterior: Stucco
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Lot Dimensions: 90 x 180
Zoning: Residential-Multi-Family
Topography: Hilly
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Land,Rental License, Road Frontage - City
Driving Directions
On the Corner of State & East Morton Street
Financial Considerations
Tenant Pays: Broadband,Electric
Owner Pays: Fuel,Lawn,Sewer,Snow,Taxes,Trash,Water
Gross Income: 148552
Expense: 53396
Tax/Property ID: 082822310101
Tax Amount: 19036
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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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 149 Morton Street E
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 149 Morton Street E
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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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