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33863177
33863052

1703 ASHLAND AVE, SAINT PAUL, MN 55104

CJ
MN 871799
WilliamRobert Apartment Advisors
Listed by WilliamRobert Apartment Advisors
$1,400,000
1 day on market
Updated 1 day ago

1703 ASHLAND AVE SAINT PAUL MN 55104

Details
APN 04-28-23-13-0012
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,988
Net Rentable (SqFt) 15,000
Units 13
Cap Rate 6.58%
NOI $92,108
Occupancy 100%
Pro-Forma Cap Rate 7.5%
Pro-Forma NOI $105,043
Class B
Year Built 1920
Year Renovated 2019,2020
Buildings 1
Lot Size (SqFt) 8,276
Zoning R-4
Parking Spaces 2 spaces
Parking Per SqFt 0.17

Great 13 Unit in Fantastic location

Marketing description

Pride of ownership is evident in this immaculate 13 unit.

Updated, charming apartments located a few blocks North of Summit Avenue. This apartment building is close to Macalester College, yet tucked into a neighborhood with limited traffic. The building has been updated with carpets, paint, and lighting, while maintaining the character and charm of this vintage building. The apartments feature tile bathrooms, hardwood floors, and has a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system

Investment highlights

13 total units. 12 - 1 bedroom units and 1 - 2 bedroom unit. Updates kitchens and baths in 2019. Roof and Boiler replaced in 2020. Incredible condition and attention to detail. Very stable long term tenants. Almost never a vacancy.

Listing Contacts

CJ
MN 871799
WilliamRobert Apartment Advisors
Listed by WilliamRobert Apartment Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$92,108.00
$7,675.67/mo

Valuation Metrics

0
DSCR
6.58%
Cap Rate
6.58%
ROI

Map

Zoning

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H1 ResidentialMulti FamilyResidential
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Chris Johnson
License
871799
Brokerage
Relay Properties
Brokerage Phone
6123861177
Title
MN
Brokerage Address
6220 Idylwood Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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