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$720,000

  • For Sale
  • Active
  • Commercial
  • 0.147 Acres
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1562 Edmund Avenue presents a premier opportunity to acquire a fully occupied, turnkey 8-unit apartment community situated in the heart of St. Paul's vibrant Hamline-Midway neighborhood. Offered at an accessible price point of $720,000 ($90,000/unit), this classic asset delivers immediate, stable cash flow from day one, serving as an ideal vehicle for both private capital investors seeking reliable yield and seasoned operators looking to expand their Twin Cities footprint. This building features highly functional, easy-to-manage layouts that are perpetually in high demand. Tenants benefit from on-site, coin-operated laundry infrastructure located in the basement, while landlord expenses are streamlined by efficient utility structures. Each tenant has their own electric and gas meters.

Full Property Details for 1562 Edmund Ave

General

  • Price: $720,000
  • Taxes: $12,016 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7105205
  • Updated: 7/8/2026
  • Added to Site: 46 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Hamline Syndicate Add, No3
  • Neighborhood: 93
  • Driving Directions: From Hamline, turn right on Edmund Ave

School Information

  • School District: 625 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Heating Type: Boiler, Other
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common

Structural Information

  • Basement: Yes
  • Foundation Size: 1456
  • Roof: Asphalt, Flat, Pitched
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1913

Lot Features

  • Lot Size (Acres): 0.147
  • Lot Dimensions: 60 x 122 x 57 x 118
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $39,996
  • Tax Amount: $12,016
  • Tax Year: 2025
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: HAMLINE SYNDICATE ADD NO3 W 2O FT OF LOT 9 AND ALL OF LOT 10 BLK 4
  • Inclusions: Building, Leases
  • Property ID: 342923230150

Listed by Financially Free, LLC

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— 1562 Edmund Ave —

  • Financially Free, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1562 Edmund Ave

School District:St. Paul Public School District
NameGradesDistance
Galtier Magnet Elementary School
1317 Charles Avenue, Saint Paul, MN 55104
PK-50.5 mi
Murray Middle School
2200 Buford Avenue, Saint Paul, MN 55108
6-82.3 mi
Como Park Senior High School
740 Rose Avenue West, Saint Paul, MN 55117
9-122.1 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 1562 Edmund Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$720,000
188%
MLS
1/29/2002
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1562 Edmund Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,016
-6%
$555,000
-3%
2024
$12,782
7%
$569,900
-7%
2021
$11,902
-8%
$613,300
-3%
2023
$12,954
9%
$635,500
3%
2021
$11,902
4%
$616,800
12%
2020
$11,478
5%
$551,100
6%
2019
$10,944
19%
$519,900
17%
2018
$9,208
12%
$444,200
10%
2017
$8,212
11%
$405,000
15%
2016
$7,398
-1%
$352,500
—
2015
$7,454
-6%
$352,500
—
2014
$7,946
—
$352,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Financially Free, LLC

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1562 Edmund Avenue, Saint Paul, MN 55104 (MLS# 7105205) is a Commercial property. 1562 Edmund Avenue is currently listed for $720,000 and was received on July 07, 2026. Want to learn more about 1562 Edmund Avenue? Do you have questions about finding other Commercial real estate for sale in Saint Paul? You can browse all Saint Paul real estate or contact a Coldwell Banker agent to request more information.

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