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826 5th St E 7 Unit Apartment Building $550,000 ($78,571/Unit) 7.53% Cap Rate Saint Paul, MN 55106
Investment Highlights
- 1/2 Mile from Metropolitan State University
- Off-Street Parking for Each Unit
- Close Proximity to Downtown St. Paul
Executive Summary
7-unit apartment building in Saint Paul's Dayton's Bluff neighborhood — a half mile from Metropolitan State University and minutes to downtown Saint Paul. All 7 units are 1BR/1BA. Exterior painted in 2024, new roof & gutters in 2023 — the next owner's capital goes straight to unit updates and rent growth, not exterior capital expenses. Close to Payne Avenue's restaurants and bars, Indian Mounds Regional Park, Wakan Tipi/Bruce Vento Nature Sanctuary, and Swede Hollow Park. In the Dayton's Bluff Elementary/Farnsworth Aerospace school area.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $550,000 | Building Class | C |
| Price Per Unit | $78,571 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 4,160 SF |
| Cap Rate | 7.53% | Average Occupancy | 71% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Parking Ratio | 1.68/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | H-2 - Residential District | ||
| Price | $550,000 |
| Price Per Unit | $78,571 |
| Sale Type | Investment |
| Cap Rate | 7.53% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 4,160 SF |
| Average Occupancy | 71% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | H-2 - Residential District |
Amenities
- Smoke Detector
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $900.00 | 404 |
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 33-29-22-23-0133 | Total Assessment | $549,300 (2025) |
| Land Assessment | $140,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $409,300 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
33-29-22-23-0133
Land Assessment
$140,000 (2025)
Improvements Assessment
$409,300 (2025)
Total Assessment
$549,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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826 5th St E
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