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Executive Summary

Fully occupied five-unit income property in a quiet, sleepy neighborhood with consistent rental demand. Immediate cash flow in place with clear value-add potential through strategic updates and rent growth. Strong occupancy, stable location, and upside built in — secure income today and grow equity tomorrow.

Property Facts

Price $565,000
Price Per Unit $113,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,814 SF
No. Stories 2
Year Built 1952
Parking Ratio 0.52/1,000 SF
Zoning H1 - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
20-29-22-42-0133
Land Assessment
$100,000
Improvements Assessment
$480,600
Total Assessment
$580,600
  • Listing ID: 39682227

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 644 Sherwood Ave, Saint Paul, MN 55106

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