Map
Listed price in listed location currency (USD).
$2,590,000

400

MLS® 7112424

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $12,540
Days Active 1
Lot Size 0.44 Acres
Approx. Age 1988
MLS® Number 7112424

Property Address: 1416 6th Avenue S, Saint Cloud, MN, 56301

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained 28-unit multifamily investment opportunity consisting of three apartment buildings in St. Cloud, Minnesota. The property offers strong in-place cash flow with a 9.1% in-place cap rate while boasting full occupancy. Ownership has completed extensive capital improvements including major boiler component upgrades, roof replacements (2010 and 2017), flooring, appliances, and common area improvements. Tenants pay separately metered electricity and internet while ownership pays gas, water/sewer, trash, and common utilities. On-site laundry, ample surface parking, and proximity to St. Cloud State University and downtown St. Cloud make this an attractive long-term investment opportunity.
MLS® Number7112424
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1988
BasementBlock, Partial
DrivewayAsphalt, Open
Garage Spaces
HeatBoiler
A/CWindow Unit(s)

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$2,590,000List Price
  • Commute

Commute

Starting Address
Destination Address
1416 6Th Avenue S, Saint Cloud, MN

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