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748 Tatum 12-plex 748 Tatum St 12 Unit Apartment Building $1,475,000 ($122,917/Unit) 6.20% Cap Rate Saint Paul, MN 55104
EXECUTIVE SUMMARY
Mid Century 12 unit building. Every unit has been updated in some respect. Fantastic tenants and a quiet, leafy location within touching distance of amenities, entertainment, transport and more. All the hard work has been done here, this building is primed to go to the next level.
PROPERTY FACTS
| Price | $1,475,000 | Apartment Style | Low-Rise |
| Price Per Unit | $122,917 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 6.20% | Building Size | 9,450 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 12 | Year Built/Renovated | 1963/2024 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R4 | ||
| Price | $1,475,000 |
| Price Per Unit | $122,917 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Sale Condition | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 9,450 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2024 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Hardwood Floors
- Sprinkler System
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 650 |
| 2+1 | 11 | - | 750 |
1 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 28-29-23-34-0174 | Improvements Assessment | $1,039,700 |
| Land Assessment | $240,000 | Total Assessment | $1,279,700 |
PROPERTY TAXES
Parcel Number
28-29-23-34-0174
Land Assessment
$240,000
Improvements Assessment
$1,039,700
Total Assessment
$1,279,700
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Grand Realty
748 Tatum 12-plex | 748 Tatum St
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