399 Ashland Avenue Saint Paul, MN $ 1,500,000
399 Ashland Avenue
$ 1,500,000
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399 Ashland Avenue

Saint Paul, MN, 55102
$ 1,500,000
Bedrooms-- Baths-- Sq 10,828

Monthly Estimate*

$ 10,360

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Commercial Property for sale in Saint Paul, MN

for $1,500,000. This 10,828 square foot building was built in 1890 on a lot size of 0.164.

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 incredible ambiance and elevated dining experience. PROPERTY FACTS Year Built: 1890 Units: 19 garden style apartments Square Footage: Building total 10,828 sqft Zoning: Multiple-dwelling Parking: 4 off-street parking spots Exterior: All-brick and stone exterior Heating: Two hot water boilers / caravan slant fin Air Conditioning: Window air conditioners / tenants provide Roof: A combination of newer pitched asphalt roofing and flat rubber roofing Patios: The front offers two smaller patios for residents to enjoy Laundry: Two sets of coin laundry machines / seller owned Storage: Basement has plenty of extra storage areas UNIT DESCRIPTION 16 - Studio with Kitchenette - Approx. 275+ Sqft. / Average rent $738.53 3 - One Bedroom, One Bath - Approx. 600+ Sqft / Average rent $1,221.67

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 24,446

Style

Lot Size

0.164

Year Built

1890

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7133951

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Window Unit(s)
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Asphalt Flat Pitched Rubber
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Brick Stone
Year Built 1890
Topography Hilly
Levels Three Or More
Tax Year 2026
Current Use Residential
Gross Income 188785
Accessibility None
County Ramsey
Net Operating Income 102950
Operating Expense 85835
Insurance Expense 12000
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 6000
Subdivision Name Woodland Park Addition To St
Possible Use Office Other Professional Service Income
Directions From the corner of Selby and Western / go south two blocks to Ashland / go west 4 properties and then you are there
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 19
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 24446
Electric Expense 1500
Fuel Expense 8000
Trash Expense 3000
Water Sewer Expense 9000
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full
Basement (Y/N) Y
Ceiling Height 11-15
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Parking Lot
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Inclusions Building Land Leases Rental License
Lot Size Area 0.164
Building Area Total 10828
Lot Dimensions 50 x 144
Waterfront Y/N N
Foundation Area 3600
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 399
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* Excluded Features
List By
Apartment Cash Flow, Inc.

Broker

nopatz@apartmentcashflow.com

Email

Affordability Calculator

$12,397
Per Month
84%
16%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$2,037
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$1,500,000 Listed Price

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399 Ashland Avenue, Saint Paul, MN, 55102 is a Commercial Property for sale at $1,500,000 with 10,828 sqft and a lot size of 0.164. 399 Ashland Avenue was built in 1890. The property's zip code is 55102 which is in Saint Paul, MN