2050 SEVENTH AVE E, NORTH ST PAUL, MN 55109-3842

Michel Commercial is pleased to present 7th Avenue Apartments, a 36-home community in the city of North Saint Paul, Minnesota. Built in 1982, the property offers investors the opportunity to acquire a well-maintained asset with meaningful scale, convenient surface and covered parking, on-site laundry, and a strong location within an established Twin Cities submarket.

LOCATION & CONNECTIVITY

7th Avenue is located in North Saint Paul, a well-established suburb just northeast of downtown Saint Paul, offering residents convenient access to everyday amenities. Nearby shopping and dining options can be found along 7th Avenue E and in the surrounding Maplewood retail corridor, including Rosedale Mall and Maplewood Mall. Residents benefit from proximity to local parks such as Casey Lake Park, Gateway Trail, and Northwood Park, as well as nearby schools within ISD 622. The property also offers quick access to Interstate 694 and Highway 36, providing seamless connectivity to downtown Saint Paul, Minneapolis, and the greater Twin Cities metro.

INVESTMENT POTENTIAL

7th Avenue presents a compelling investment opportunity supported by strong in-place cash flow and the ability to further enhance returns. Select units have been beautifully renovated, offering a clear path for continued interior upgrades to drive rent growth across the remaining units. Additionally, the implementation of a RUBS program provides meaningful upside through utility reimbursements, creating an opportunity to increase income while maintaining competitive positioning within the submarket.