For Sale Commercial MLS# 7015772

881-889 Maryland Avenue E

Saint Paul, MN 55106

$1,595,000

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About 881-889 Maryland Avenue E

Solid 16-unit apartment complex opportunity in a high-demand East St. Paul location just a few blocks from Lake Phalen. This all brick, two-building complex blends classic construction with strong rental appeal. There is a 6-unit building features five spacious 2 R units and one 1BR, while the 10-unit building offers nine 1BR units and one 2BR. A great mix of unit options to capture a broad tenant base. Residents enjoy convenient off-street parking, easy access to public transit right outside the door and proximity to Johnson High School, Farnsworth Elementary, and a wide array of shipping and dining options. Solid bones, desirable layout, and a good location! This is a rare opportunity to elevate your portfolio with a stable, income-producing asset in a consistently sought-after neighborhood.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1958
Stories
Three Or More
Living area
12,792 sqft
Price / sqft
$125
Lot
0.14
Original price
$1,595,000
MLS #
7015772

Interior

Features
Boiler, Range, Refrigerator
Appliances
Range, Refrigerator
Heating
Boiler

Exterior & lot

Features
Stone, Asphalt, Parking Lot
Construction
Three Or More, Block, Age Over 8 Years, Flat
Roof
Age Over 8 Years, Flat
Foundation
Block
Lot
212922330139, Level, Residential
Parking
Asphalt, Parking Lot

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer - In Street, City Water/Connected, Electric Separate
Water
City Water/Connected
Sewer
City Sewer - In Street

Financial

Financial
northstar
Annual tax
$29,397
Tax year
2026
Parcel
212922330139

Location

Subdivision
Wilders Add
County
Ramsey
Neighborhood
Payne-Phalen
Community
Ramsey, City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, northstar, St. Paul
Directions
35E to Maryland Ave. E, East to Apartment

Location

Neighborhood
Payne-Phalen
Subdivision
Wilders Add
School district
St. Paul Public School District

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Listed by Christopher J Ames, RE/MAX Results

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.