Date
Details
Price
Change
Source
3/24/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$350,000 Just Listed
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Property Description
Exceptional investment opportunity offered as a package sale-two neighboring 4-plex buildings ideally located directly across from Herb Brooks National Hockey Center. This prime location is perfect for student housing with easy access to St. Cloud State University, downtown amenities, shopping, dining, and entertainment-all within walking distance. Conveniently situated on the bus line for added renter appeal. Each 4-plex features spacious 2-bedroom, 1-bath units, offering consistent rental demand and strong income potential. Tenants benefit from on-site coin-operated laundry, shared paved parking between the buildings, and a total of 6 off-street parking spaces per building. Property highlights include low-maintenance siding, updated windows, newer countertops, and electric heat with individual water heaters. Roofs were replaced approximately in 2010. A rare opportunity to acquire a well-located, income-producing multi-family package in a high-demand rental area-ideal for both seasoned investors and those looking to expand their portfolio.
Full Property Details
Full Property Details for 1340 5th Ave S
General
- Price: $350,000
- Taxes: $4,482 (2025)
- Status: Active
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7036091
- Updated: Today (3/24/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, Laundry Closet, Common Area, Laundry Closet
Additional Information
- Shared Amenities: Coin-op Laundry Owned
Parking
- Parking Features: Parking Lot, Paved Lot
Location
- County: Stearns
- Township: Saint Cloud
- Subdivision: Brott & Smiths Add
- Driving Directions: Across from Herb Brooks Hockey Arena. University Dr S to S on 5th Ave S, R on 13th St S, L on 5th Ave S.
School Information
- School District: 2249 - St. Cloud
- High School District: St. Cloud
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Foundation Size: 1872
- Roof: Architectural Shingle
- Disability Access: Other
- Square Feet: 3,708
- Above Ground: 3,708 Sq. Ft.
- Finished Down/Base.: 3,708 Sq. Ft.
- Year Built: 1982
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.33
- Lot Dimensions: 110 x 132
Financial Considerations
- Tax Amount: $4,482
- Tax Year: 2025
- Terms: Conventional, Cash, Other
- Owner Pays: Common Area Maintenance, Exterior Maintenance, HVAC Maintenance, Insurance, Grounds Care, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Water
- Tenant Pays: Electricity, Heat, Hot Water
- Pays Electric: Tenant Pays
- Pays Heat: Tenant Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: LOTS 5 & 6 BLK 23 BROTT & SMITH'S ADD SECTION 13 TOWNSHIP 124 RANGE 028
- Property ID: 82446790004
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.
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We Value Your Privacy
We Value Your Privacy
Meet the listing agent
Meet the listing agent
— 1340 5th Ave S —
(320) 257-1574 office
(320) 240-3363 direct
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1340 5th Ave S
School District:St. Cloud Area School District
| Name | Grades | Distance |
|---|---|---|
Talahi Community Elementary School 1321 University Dr Se, St. Cloud, MN 56304 | PK-3 | 1 mi |
Lincoln Elementary School, St. Cloud, MN 336 5th Ave Se, St. Cloud, MN 56304 | 4-5 | 1.2 mi |
South Junior High School 1120 15th Ave S, St. Cloud, MN 56301 | 6-8 | 0.7 mi |
Technical Senior High School 4200 33rd St S, St. Cloud, MN 56301 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1340 5th Ave S
Tax History
Tax History for 1340 5th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,514
8%
$302,000
10%
2024
$4,178
33%
$273,800
6%
2023
$3,152
—
$257,400
43%
2023
$3,152
-6%
$180,000
—
2021
$3,354
10%
$180,000
20%
2020
$3,036
9%
$150,000
—
2019
$2,790
-1%
$150,000
—
2018
$2,824
3%
$150,000
100%
2016
$2,746
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1340 5th Ave S
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- Apartment
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Sold by Central MN Realty LLC
1340 5th Avenue S, Saint Cloud, MN 56301 (MLS# 7036091) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 1340 5th Avenue S is currently listed for $350,000 and was received on March 24, 2026. This property is listed by Chris Hauck from our Sartell Office.Want to learn more about 1340 5th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Saint Cloud? You can browse all Saint Cloud real estate or contact a Coldwell Banker agent to request more information.