For Sale: Saint Paul MLS# 7003900
Active
$750,000
Multi-family: Apartments
8 br • 8 ba • Built 2026
4,400 sqft • 0.135 acres
St. Paul schools
MLS# 7003900
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Property Description
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Price per sq ft:
$170
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
2026
State:
MN
Property Style:
Apartments
Zip Code:
55117
Neighborhood/Area:
97
Subdivision Name:
Hagers Sub Of Lots, 1,
Interior
Bedrooms:
8
Bathrooms:
8
Finished Area:
4,400 ft2
Living Area:
4,400 ft2
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
300 ft2
Foundation Size:
1 ft2
Handicap Accessible:
Other
Heating System:
Other
Lot & Land
Acres:
0.135
Geolocation:
44.983355, -93.102563
Lot Dimensions:
Irregular
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$190
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$190
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty - Lakes.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.