West Allis, WI - 2028 & 2034 S 81st St - 8 UNITS - $1,550,000
Fully Renovated 8-Unit Asset
Extensive renovations completed throughout the property. Investors can benefit from a property with no near-term capital expenditure requirements.
Strong Rent Growth Trajectory
Units are being marketed at $1,700 per month, a significant discount to comparable new construction in the submarket averaging over $2,000. Spacious 930 SF floorplans, central air conditioning, modern finishes, private balconies, and abundant parking position the property to achieve premium rents as leases turn.
Value-Add Opportunity Without Capital Investment
Many units at below-market rents, providing a clear path to revenue growth through natural lease turnover. Unlike many value-add opportunities, the renovation work has already been completed. All 8 units are newly renovated in 2026.
Saint Paul, MN - 1631 Charles Ave - 15 UNITS - $1,100,000
Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. A newer Lochinvar Knight hot water boiler system was installed in 2012 and newer water heaters in 2010. The whole building received newer Andersen Series 100 windows in 2018. Electrical panels to each unit are on 60-amp breakers. Operations receive additional revenue from on-site coin operated laundry. All units are currently occupied and leased and ready for new owners to take over!! Average studio rent is $777 and average one-bedroom rent is $876 per month with plenty of room to move these rents up to market. Stabilized with zero delinquencies and a current in place 9.65% Cap Rate!!
Milwaukee, WI - 2436 S Wentworth Ave - 5 UNITS - $1,175,000
5-unit multifamily in the heart of Bay View. Five two-bedroom units with one operating as an in-place Airbnb. $1,175,000 | 5.93% in-place cap | 6.60% pro forma cap
Rents have room to move and the STR unit adds an income layer most buyers won't find in a standard multifamily deal. Roof replaced 2017, tenants pay electric and gas. Clean, stabilized asset in one of Milwaukee's most in-demand neighborhoods.
Prime Bay View Location
Located on a strong residential street in Bay View, one of Milwaukee's most desirable rental submarkets. The area continues to attract residents seeking walkability, neighborhood amenities, and proximity to downtown.
Fully Renovated Units With Premium Finishes
All units have been extensively renovated with modern finishes, updated kitchens, stainless steel appliances, and contemporary fixtures. This positions the property at the upper end of the local rental market and supports premium rents.
Flexible STR, MTR, or LTR
The lower level furnished unit is currently operated as an Airbnb. New ownership has flexibility with multiple revenue options, including short-term, mid-term, or traditional long-term leasing.
Rent Upside
Recent comparable rentals indicate additional upside remains within the long-term rental units as leases roll over.
Saint Paul, MN - 1619 Hubbard Ave - 9 UNITS - $1,099,000
1619 Hubbard Avenue is a remarkable investment opportunity to acquire 9 well-appointed units steps away from the prestigious Hamline University and five blocks south of the Minnesota State Fairgrounds. Every apartment is unique and spacious with some of them receiving solid surface quartz countertops, stainless steel appliances, refinished hardwood flooring, original French doors and luxury vinyl plank. Kitchens and bathrooms are remodeled with newer tile, cabinets, plumbing and lighting fixtures and fresh paint. Newer hot water boiler services all the apartments for heat. All the electrical panels and breakers have been updated. The exterior siding is maintenance free and windows have all been replaced. Both the pitched roofs on the main building and detached garage are newer. Building sits on a larger 0.34 acres with a five-car garage for additional income and a back parking lot for tenants with plenty of off-street parking. Lower level has the potential to add another unit making it a 10-unit. This asset is 100% full and super easy to keep rented. In place NOI of $67,772 and a 6.16% cap rate. This property has been well managed over the years and has great curb appeal!
Saint Paul, MN - 149 Morton St E - 12 UNITS - $1,295,000
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.
Baldwin, WI - 1040 7th Ave - 4 UNITS - $275,000
Baldwin apartments is a fully stabilized 4-unit located a block off the busy main street. With it being 100% occupied this property is easy to keep full offering one & two bedroom units. All residents pay for their own unit electric and gas for heat. The owner just pays for water and trash. Built around the turn of the century the units are spacious and have some original hardwood floors, original trim, and tall ceilings. A lot of newer vinyl replacement windows. Plenty of off-street parking on the side of the property. Rents are currently below market and have room to organically improve! Net operating income $22,453+
Shakopee, MN - 1240 4th Ave E - 24 UNITS - Market Price
This is an amazing opportunity to acquire a solid built 24-unit in the heart of Shakopee, MN. Each unit is clean and well maintained with the upper floors offering spacious balconies. The unit mix is 23 two-bedroom and 1 one-bedroom. Built in 1971 and sits on over 1.38 acres. Beautiful brick exterior with newer windows and thoughtfully landscaped. Stabilized and fully rented with coin laundry, 24 detached garages and plenty of off-street parking. Perfect for your 1031 purchase!!
Shakopee is a premier investment destination due to its rapidly growing population (approaching 42,000), and a booming, diversified economy anchored by major Fortune 500 companies like Amazon, Shutterfly and MyPillow. Known as “Where the Midwest Comes to Play” Shakopee is the recipient of a brand new 19,000-seat Amphitheatre and home to the Minnesota Renaissance Festival. Other perks feature the Canterbury Park and the high-value tourist attraction of Valleyfair. The city offers strong rental demand, and A-rated school district, and a revitalized downtown, all while being a key, high-growth area in the Twin Cities submarket.
Property Facts
Year Built: 1971
Square Footage: 25,470
Units: 24
Zoning: Multiple-family District
Parking: 24 Garage Stalls w/ Openers Plus 28 Off-Street Parking Spots
Exterior: Brick
Heating: Boiler
Roof: Flat White EPDM Roofs - New installed in 2014
Unit Description
23 - 2 bedroom, 1 bath - Approx. 975+ Sqft.
1 - 1 bedroom, 1 bath - Approx. 750+ Sqft
Property Improvements
2021: New Commercial High-Efficiency Water Heater
2021: New Weil McLain Hot Water Boiler
2021: New Water Softener System
2014: Roof - White EPDM with 15-year warranty
2003: Windows - Installed vinyl replacement sliders
Price: MARKET PRICE
Minneapolis, MN - 2637 Pleasant Ave S - 21 UNITS $2,520,000
Attractive 21-unit in the highly sought after Whittier Park neighborhood of Minneapolis, Minnesota. All brick and stucco exterior built in 1966 with great curb appeal. The unit mix features two well appointed 2-bedrooms, fifteen large 1-bedrooms, and four studios. Most of the apartments have been renovated including newer kitchens, bathrooms, luxury vinyl plank flooring, lighting fixtures, and updated appliance packages. The property has newer double pane vinyl replacement windows, two energy efficient hot water boilers, and newer coin operated laundry machines. Close proximity to the Minneapolis College of Art & Design (MCAD), Mpls. Institute of Arts Museum, and downtown Minneapolis. Proforma NOI $187,179 with a cap rate 7.42%.
Saint Paul, MN - 729 Oakdale Ave - 23 UNITS - $2,600,000
This is an amazing opportunity to acquire a solid well-built 23-unit apartment building close to the Cherokee Park neighborhood of Saint Paul and near West Saint Paul & South St. Paul cities in Minnesota.
Built in 1963 the unit make-up is twelve 2-bedroom and eleven 1-bedroom apartments all with one full bathroom. Beautiful all-brick exterior with three stories and spread across an oversized 0.52-acre corner lot. Fully rented, on-site coin laundry and a newer hot water heater! Average two-bedroom rents are at $1,184 and one-bedroom rents at $1,049. There are five two-car double garages that are 100% occupied and bring in extra cash flow. Located on a bus route and near highways 52, 494, and 94
729 Oakdale Ave is the perfect investment property to buy with doing a 1031 IRC tax exchange from the sale of your smaller 4-10 units. Increase your monthly cash flow and take advantage of your tax benefits with new depreciation.
Saint Paul, MN - 1648 Charles Ave - 19 UNITS - $1,900,000
1648 Charles is a charming all-brick apartment building located a few short blocks from the Allianz soccer stadium in the midway neighborhood of Saint Paul, MN. Built in 1936 with 19 well-appointed units offering a new owner 6-one bedrooms and 13-studios. Apartments feature original hardwood flooring, lathe and textured plaster walls with decorative cove ceilings. The property is currently fully occupied and easy to rent with 14 colleges, universities, technical, and vocational schools located within the city limits of Saint Paul. The owner has meticulously cared for this property going on 20+ years and ready to let go and sell. Call for more financials.
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.
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.
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.
