1120 9th Avenue S,Saint Cloud, MN 56301
Saint Cloud, MN 56301
Description
This fully renovated multi-family apartment complex in St. Cloud offers a rare opportunity to own a stabilized, professionally managed investment property with modern finishes and low owner responsibility. The building consists of 15 total units, including three (3) 2-bedroom, 2-bath units and twelve (12) 4-bedroom, 1-bath units, providing a strong and flexible unit mix. The property underwent a complete rehabilitation in 2023, featuring updated common hallways, new luxury vinyl plank and laminate flooring throughout the entire building, and tiled showers in all units. On-site laundry adds convenience for tenants and supports retention. All units are leased and professionally managed, offering immediate income and organized operations. Owners cover virtually no utilities, as costs are passed through via reimbursements, helping maintain strong cash flow and predictable expenses. This turn-key St. Cloud investment is ideal for buyers seeking stable income, minimal deferred maintenance, and long-term value.
Details
| MLS # | 7003115 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 219 |
| Listing Provided By | Keller Williams Integrity NW | Steven DeGreeff |
Features
| SQ Feet | 18,338 |
|---|---|
| Units | 15 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.63 |
Interior
| Cooling | Wall Unit(s) |
|---|---|
| Heating | Baseboard, Boiler |
| Appliances | Cooktop, Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances |
Exterior
| Lot Features | Irregular Lot |
|---|
Parking
| Parking Features | Guest Parking, Parking Lot, Paved Lot |
|---|
Utilities
| Utilities | Hot Water Common |
|---|
Taxes
| Property | 22212 |
|---|
Area Information
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | Normal Park Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in Normal Park Add) | |
Price: $1,499,000 low | high Med: $1,184,500 sqft: 18,338 low | high Med: 12,694 $ / sqft: $82 low | high Med: $103 On site: 219 low | high Med: 192 | |
Market Activity 56301
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | Normal Park Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in Normal Park Add) | |
Price: $1,499,000 low | high Med: $1,184,500 sqft: 18,338 low | high Med: 12,694 $ / sqft: $82 low | high Med: $103 On site: 219 low | high Med: 192 | |