Property Description
Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units?an efficient unit mix that supports strong occupancy and consistent cash flow.Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk.With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation.Schedule your private tour to explore this income-producing opportunity.
Property Features
Property Type: Commercial - Business
Cooling: None
Fuel Type: Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $10,036
Year Built: 1947
Feature Descriptions
Appliances: Dishwasher, Range, Refrigerator
Basement: Block
Current Use: Residential
Days on Site: 232
Foundation Size: 2664
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 55x132
Parcel#: 82521490000
Parking: Paved Lot
Sale Includes: Building, Fixture/Equipment
Sewer: City Sewer/Connected
Units: 15
Utilities: Electric Separate, Heating Common, Heating Separate, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Cloud
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 320-253-7373
Shown By
Agent Name: Your Realtor Blake
Agent Phone: Cell: (612) 503-4981
Agency Title: Counselor Realty
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320 7th Avenue S | MLS# 7041157
This commercial property located at 320 7th Avenue S, Saint Cloud, MN 56301 is currently listed for sale with an asking price of $885,000. 7th Avenue S is located within the St. Cloud school district. Search Saint Cloud real estate on bwallace.counselorrealty.com today.