Saint Paul, MN - 2207 Blake Ave - 2 UNITS - $349,900

Impressive side-by-side duplex in the desirable neighborhood of Saint Anthony Park located in St. Paul, MN.  Each unit has been recently renovated with remodeled kitchens, updated bathrooms, fresh paint, luxury vinyl plank  flooring, and stainless-steel appliances. The 2207 unit is a 2-bedroom plus office, one full bathrom and currently rented through end of July for $1800/month. The 2209 unit is slightly larger boosting 3-bedrooms with one full bathroom leased through end of May and currently rented for $1885/month. The tenants pay for their own gas and electric and owner pays for water, sewer, and trash. The owner does bill back $75 and $85 per month respectivily for water, sewer, and trash. Other notable capital improvements include forced air furnaces, central air conditioning, newer pitched roof, new cement sidewalks, stairs, & back patio. Across the street from Langford Park and easy commutes being very close to Highway 280, 94, 35E, and Highway 36.

Saint Paul, MN - 1145 7th St W - 7 UNITS - $699,900

WEST 7TH STREET APARTMENTS IS A CLASSIC ALL-BRICK SEVEN-UNIT BUILDING CLOSE TO DOWNTOWN SAINT PAUL, THE MALL OF AMERICA, AND THE MPLS/ST.PAUL INTERNATIONAL AIRPORT. THIS PROPERTY HAS BEEN VERY WELL MANAGED AND CARED FOR OVER THE YEARS, CLEAN AND CONSTRUCTED IN 1966. RESIDENTS ENJOY THE OFF-STREET PARKING LOT ALONG WITH THE OPTION TO RENT ONE OF THE FOUR GARAGES. THERE IS ONSITE COIN LAUNDRY AND EXTRA STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC. OWNER PAYS HEAT, WATER AND TRASH. ALL FOUR UPPER APARTMENTS FEATURE OAK HARDWOOD FLOORING AND THEY ALL HAVE WALL AIR CONDITIONING UNITS. SPACIOUS ROOMS AND ONE OF THE LOWER LEVEL UNITS IS A SPECIAL TWO-BED TWO-BATHROOM UNIT! ORIGINALLY BUILT WITH AN OFFICE THERE IS A WAY TO CONVERT BACK TO 7 UNITS PLUS OFFICE OR MAKE THE SPACE BEHIND THE LAUNDRY ROOM ANOTHER 8TH UNIT. INCREASE CASH FLOW BY IMPLEMENTING A RATIO UTILITY BILLING SYSTEM (RUBS) TO CAPTURE MORE INCOME. A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT! NET OPERATING INCOME $57,272.08 AND A TRUE 8.18+ CAP RATE

Richfield, MN - 7444 Cedar Ave S - 23 UNITS - $2,875,000

Introducing a unique investment opportunity in the heart of Richfield, Minnesota! This expansive property located at 7444 Cedar Ave boasts a total of 23 units with a combined square footage of 21,840, making it an ideal investment for those looking to expand their apartment rental portfolio. The asset sits on over 0.88 acres, on a bus route, and close to the Mall of America! Prime for a re-development opportunity!

Built in 1966, this very well-maintained building features a mix of 18 spacious two-bedroom units and 5 cozy one-bedroom units, providing a variety of options for potential renters. Additionally, the property includes 10 detached garages, ensuring that tenants have ample space to park their vehicles.

The exterior of the property is well-maintained and features a classic brick façade, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major transportation routes, making it easy for tenants to commute to work or enjoy all that Richfield has to offer.

Investors looking for a turn-key property with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is fully occupied and turn-key in a non-rent controlled city on Minnesota!

The brick exterior façade makes this property shine. There are many updates in recent years including the front and rear entryways, security cameras, newer vinyl windows (2014), brand new commercial grade water heater replaced in 2023, and a newer roof on both the building and garages replaced in 2014. In 2025 all the electrical panels were swapped out with new breakers making this asset easier to insure.

Property Facts

• Year Built: 1966

• Square Footage: 21,840

• Units: 23

• Zoning: Multiple-family District

• Parking: 10 Garage Stalls plus plenty of off street parking

• Exterior: Brick

• Heating: Boiler

• Roof: Flat - New installed by All Elements, Inc. in 2014

Unit Description

• 18 - 2 bedroom, 1 bath - Approx. 910+ Sqft.

• 5 - 1 bedroom, 1 bath - Approx. 750+ Sqft

Property Improvements

• 2025: New Electrical Panels with Circuit Breakers

• 2023: New Commercial High-Efficiency Water Heater built by Bock.

• 2018: New Carpet in Hallways, Common Areas, Entry Way

• 2014: Roof - Durolast by All Elements, Inc. with 15 year warranty

• 2013: Windows - Installed vinyl replacement sliders by Window World, Inc.

Price: $2,875,000  

Information is deemed reliable but not guaranteed.  Buyer and Buyer's agent to verify all details.  

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New Richmond, WI - 1153 Hidden Lane - 36 UNITS - $6,150,000

Hidden Lane Apartments is a turn-key stabilized 36-unit asset in the growing western Wisconsin community of New Richmond! Three identical buildings all with twelve two-bedroom, one-bathroom units each! Slab on grade construction.  Every unit includes a dishwasher, microwave, and a washer & dryer package.  units either have a main floor patio or a second floor balcony. Balconies are supported by solid steel beams and trusses. Entryways and common hallways were all just painted in the fall of 2024. Pitched shingled roofs on both the buildings and garages were replaced in 2017. There are 34 detached single car garages and a newer asphalt parking lot. Current in place average rents are $1,212.08 and can get to at least $1,350.00+ with minimal unit updating. The property is 100% occupied, has room for organic rent growth, no city or government rent control, and built in 2004!

Saint Paul, MN - 1910 Feronia Ave - 7 UNITS - $1,225,000

This is an amazing opportunity to acquire seven well-appointed apartments located in the heart of the Midway neighborhood of  Saint Paul, MN. Every unit is unique in its own way accentuating remodeled kitchens and bathrooms, hardwood floors and luxury vinyl plank, and stainless-steel appliances. The unit mix is five 2-bedroom and two 3-bedroom.  Well-constructed in 1890 and featuring newer roof, vinyl siding, and windows. Fully rented, on-site coin laundry, and balconies! One of the units is a two story two-bedroom and one 1/2 bath apartment with a spiral staircase. Property sits on 1/3 of an acre, nicely landscaped, new concrete sidewalks and stairs, and decorative retaining wall.

Menomonie, WI - 2419 Fryklund Dr SW - 4 UNITS - $749,900

2419 Fryklund Drive SW is four side by side townhomes all with three bedroom and two full bathrooms. Built in 2000 slab on grade construction. Fully occupied with rental leases running through spring/summer of 2026. Tenants pay for all their own utilities. Owners expenses are taxes, insurance, lawn care, and snow removal.

Red Wing, MN - 480 W 8th St - 6 UNITS - $1,350,000

The Downton Abbey is located in the historic city of Red Wing, Minnesota. Just a few short blocks to the downtown central business district and the iconic St. James Hotel. Claimed to be one of the oldest cities in all of Minnesota, it is storied with a rich history. Originally built in 1965 for the sisters of Saint Jospeh parish as a convent, this stunning three story all-brick building was transformed in 2025 with six well-appointed units. There are two 3-bedroom, two 2-bedroom, and two 1-bedroom apartments spread out over the main and upper floors. The interior has been totally updated with new custom kitchens, quartz countertops, undermount sinks, stainless steel appliances including full size dishwashers and built-in microwaves, and energy-efficient Whirlpool name-brand stack washers and dryers in all apartments. The exterior has received a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and the brick was tuck-pointed. The units offer luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, two panel shaker interior doors, and plush carpeting in the bedrooms. Brand new electrical, plumbing, and sprinkler systems installed. Sits on an oversized corner lot with 0.38+ acres and a freshly laid 12-stall parking lot for residents to enjoy. Walking distance to shops, restaurants, churches, and the entertaining Sheldon Theatre of performing arts!

Hopkins, MN - 434 Blake Rd N - 37 UNITS - PRICED TO MARKET

CREEKVIEW APARTMENTS IS A PRISTINE CLASS “C” ASSET IN A PRIME RE-DEVELOPMENT AREA! NUMEROUS UPGRADES THROUGHOUT THE PROPERTY. 26 OF THE 37 APARTMENTS HAVE BEEN FULLY REMODELED! ROOF REPLACED IN 2015, NEW WINDOWS & ENTRY DOORS IN 2016. THIS AREA RECENTLY HAS BEEN HIGHLY SOUGHT AFTER WITH ALL THE NEWER “SHOPPES AT KNOLLWOOD” AND THE METRO GREEN LINE SOUTHWEST LIGHT RAIL TRANSIT. THE BUILDING HAS ROOM TO ADD ANOTHER 38TH UNIT, AN OFFICE, OR RE-PURPOSE THE PROPERTY INTO AN INDEPENDENT SENIOR LIVING FACILITY. CURRENTLY FULLY OCCUPIED TURN-KEY MULTI-FAMILY INVESTMENT OPPORTUNITY!! RENTS AVG. STUDIO $1,087, AVG. 1-BD $1,166, AVG. 2-BD $1,300. CURRENT IN PLACE NET OPERATING INCOME OVER $348,000+ WITH ROOM TO ORGANICALLY RAISE RENTS OVER THE NEXT FEW YEARS IN A NON-RENT CONTROL CITY OF HOPKINS, MN.