$1,300,000

1757 Thomas AvenueSaint Paul, MN 55104

Type: Commercial

1964 Year Built

Description

Well-maintained 9-unit apartment building featuring quality updates throughout. Each unit offers hard surface flooring, clean finishes, stainless steel appliances, and abundant natural light for a bright, modern feel. Tenants enjoy access to convenient shared laundry facilities. A mix of 1 and 2-bedroom units with efficient layouts make this a turn-key investment with excellent rental appeal. Less than 1 mile away from Allianz field in the Hamline-Midway neighborhood.

MLS ID: 7020477

Directions: From I-94 East, turn left on Snelling Ave, past Allianz Field turn left on Thomas Ave, building 3 blocks down on right at Thomas & N Wheeler St.

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Property Details

Essential Details

MLS #: 7020477

Listing courtesy of: Kris Lindahl Real Estate

Price: $1,300,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Residential

Total Units: 9

Annual Gross Income: $115,653

Net Operating Income: $73,615

Operating Expense: $49,804

Tenant Pays: Broadband, Cable TV, Electricity

Owner Pays: Common Area Maintenance, Exterior Maintenance, Heat, HVAC Maintenance, Repairs, Management, Sewer, Trash Collection, Water

Overhead Door Clearance: 0-9 Feet

Parking Features: Parking Lot, Paved Lot

Building Details

Owner Occupied: No

AccessibilityFeatures: None

Roof: Age Over 8 Years

Heating: Baseboard, Boiler

Year Built: 1964

Foundation Area: 2,623

Amenities - Unit: Security Lights, Tile Floors

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Shared Rooms: Other

Number of Refrigerators: One Per Unit

Utilities: Electric Separate, Heating Common, Hot Water Common

Lot Details

Complex/Dev/Sub Name: Forest Lawn Add To, St Pa

Lot Dimensions: 64×41×64×41

Road Frontage: City Street

School Information

District: St. Paul

District Number: 2102

District Phone: 6517678100

Community Information

County: Ramsey

Survey Range: 23

Survey Section: 33

Survey Township: 29

Taxes

Tax Year: 2025

Tax Amount: $20,906

Assessment Pending: Yes

Taxes w/Assessments: $22,068

This listing was last updated by Kris Lindahl Real Estate on 3/4/2026 at 12:43 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 3/18/2026 6:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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