UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision The W St Paul Re&Imp Synd 1
MLS Listing ID 6815535
Year Built 1963
Annual Tax Amount $43,226
Tax Year 2025
Contingent None
Lot Size 0.516 Acres
Acres 0.516
Lot Dimensions 200 x 110
Property Description
Built in 1963 the unit make-up is twelve 2-bedroom and eleven 1-bedroom apartments all with one full bathroom. Beautiful all-brick exterior with three stories and spread across an oversized 0.52-acre corner lot. Fully rented, on-site coin laundry and a newer hot water heater! Average two-bedroom rents are at $1,184 and one-bedroom rents at $1,049. There are five two-car double garages that are 100% occupied and bring in extra cash flow. Located on a bus route and near highways 52, 494, and 94
729 Oakdale Ave is the perfect investment property to buy with doing a 1031 IRC tax exchange from the sale of your smaller 4-10 units. Increase your monthly cash flow and take advantage of your tax benefits with new depreciation.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Finished, Full
Interior
Heating Hot Water
Cooling Wall Unit(s)
Flooring Carpet, Luxury Vinyl Plank, Tile
Inclusions Building, Land, Rental License
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Detached Garage, Parking Lot
Garage Spaces 10.0
Fence None
Pool None
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Flat,Rubber
Present Use Residential
Building
Lot Description Corner Lot
Story Three Or More
Foundation 6600
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
New Construction false
Schools
School District St. Paul
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