1563 Charles Avenue Saint Paul, MN $ 725,000
1563 Charles Avenue
$ 725,000
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1563 Charles Avenue

Saint Paul, MN, 55104
$ 725,000
Bedrooms-- Baths-- Sq 7,036

Monthly Estimate*

$ 5,007

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Commercial Property for sale in Saint Paul, MN

for $725,000. This 7,036 square foot building was built in 1911 on a lot size of 0.109.

Charles apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features two buildings. In front is a fully occupied eight unit with four 2-bd, 1ba and four 1-bd and 1ba apartments. In the rear is a carriage house that comes with the sale and was built in 1910. Current in-place rents are $856 for the one bedrooms and $1,075 a month for the two bedrooms. Onsite coin laundry and extra storage lockers in the basement. The main building was built in 1911 and has hardwood floors, tall ceilings and loads of original trim and doors. Option to buy the 8-units to the north at 1562 Edmund Ave for $650,000

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 12,780

Style

Lot Size

0.109

Year Built

1911

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7152580

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Window Unit(s)
Utilities Electric Separate Heating Common Hot Water Common
Roof Age Over 8 Years Flat
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Block
Year Built 1911
Tenant Pays Electricity
Levels Two
Tax Year 2026
Current Use Residential
Gross Income 104059
Accessibility None
County Ramsey
Net Operating Income 57322
Operating Expense 46737
Insurance Expense 8470
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 1350
Subdivision Name Hamline Syndicate Add No3
Directions Highway 94 to Snelling / North to Charles / West to property
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 9
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 12780
Fuel Expense 15187
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full
Basement (Y/N) Y
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Driveway - Other Surface On-Street Parking Only
Lot Features Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Land Leases Rental License
Lot Size Area 0.109
Building Area Total 7036
Lot Dimensions 50 x 120
Waterfront Y/N N
Foundation Area 2500
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1563
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* Excluded Features
List By
Apartment Cash Flow, Inc.

Broker

nopatz@apartmentcashflow.com

Email

Affordability Calculator

$6,072
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,007
Monthly Property Taxes
$1,065
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
9/30/2026$725,000 Listed Price

Map


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1563 Charles Avenue, Saint Paul, MN, 55104 is a Commercial Property for sale at $725,000 with 7,036 sqft and a lot size of 0.109. 1563 Charles Avenue was built in 1911. The property's zip code is 55104 which is in Saint Paul, MN