$1,295,000

149 Morton Street E, Saint Paul, MN 55107

  • 7,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $166/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
July 22, 2026 at 2:16PM
Listing Office:
Apartment Cash Flow, Inc. : 651-263-3653
MLS ID:
7022196
  • Appliances: RangeRefrigerator
  • Basement: BlockFinishedFull
  • Flooring: Luxury Vinyl PlankTileWood
  • A/C: Wall Unit(s)
  • Heating: BoilerHot Water
  • General: Stucco
  • Pool: None
  • Parking: AsphaltParking LotPaved Lot
  • Roofing: Age Over 8 YearsAsphaltPitched
  • General: Three Or MoreBlock
  • Road/Access: City Street
  • Originating MLS: northstar
  • School District: St. Paul
  • County: Ramsey
  • Topography: Hilly
  • Zoning: 082822310101
  • Current Use: Residential
  • Utilities: Electric SeparateHeating CommonHot Water Common
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Apartment Cash Flow, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby