Kelli Johnson - Coldwell Banker Crown Logo
$2,590,000
( $72.30Per Sq Foot )
 $13,904 est/mo Sourced by Back At You

1416 6th Avenue S,Saint Cloud, MN 56301

Saint Cloud, MN 56301

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Description

Well-maintained 28-unit multifamily investment opportunity consisting of three apartment buildings in St. Cloud, Minnesota. The property offers strong in-place cash flow with a 9.1% in-place cap rate while boasting full occupancy. Ownership has completed extensive capital improvements including major boiler component upgrades, roof replacements (2010 and 2017), flooring, appliances, and common area improvements. Tenants pay separately metered electricity and internet while ownership pays gas, water/sewer, trash, and common utilities. On-site laundry, ample surface parking, and proximity to St. Cloud State University and downtown St. Cloud make this an attractive long-term investment opportunity.

Details

MLS #7112424
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1988
Days On Site35
Listing Provided ByRIC Property Management, Inc. | Nik Anderson

Features

Bed(s)4
SQ Feet35,822
BasementY
Units28
ZoningResidential-Multi-Family
Acreage0.44

Interior

CoolingWindow Unit(s)
HeatingBoiler
AppliancesDishwasher, Range, Refrigerator

Parking

Parking FeaturesAsphalt, Open

Utilities

UtilitiesElectric Separate, Heating Common

Taxes

Property12540

Area Information

StateMN
CountyStearns
CitySaint Cloud
Zip Code56301
Community NameBrott & Smiths Add
School District742
High SchoolSt. Cloud
Listing VS Median (in Brott & Smiths Add)
Price:
$2,590,000
low | high
Med:
$329,900
100% of Average
sqft:
35,822
low | high
Med:
3,708
100% of Average
$ / sqft:
$72
low | high
Med:
$89
26.946872670174% of Average
On site:
35
low | high
Med:
153
22.875816993464% of Average
Sourced by Back At You

Market Activity 56301

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 24, 2026 at 1:49:38 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

Kelli Johnson

Kelli Johnson

Coldwell Banker Crown Realtors

20363695Graduate, REALTOR Institute, REALTOR, National Association of REALTORS (218) 255-3114kellisj88@gmail.com
StateMN
CountyStearns
CitySaint Cloud
Zip Code56301
Community NameBrott & Smiths Add
School District742
High SchoolSt. Cloud
Listing VS Median (in Brott & Smiths Add)
Price:
$2,590,000
low | high
Med:
$329,900
100% of Average
sqft:
35,822
low | high
Med:
3,708
100% of Average
$ / sqft:
$72
low | high
Med:
$89
26.946872670174% of Average
On site:
35
low | high
Med:
153
22.875816993464% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.942M - $3.237M
sqft: 26,500 - 44,500
Nearby Listings Property ImageNearby Listings Details
1111 7th Avenue S Property Photo 1
$1,949,900
1111 7th Avenue S
Saint Cloud, MN 56301
Listing Updated: July 20, 2026 at 6:52:23 PM PDT

Kelli Johnson - Coldwell Banker Crown