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$1,400,000 -$95,000 (-6.35%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 12,000 Sq. Ft.
  • 0.355 Acres
  • Updated 11 hours ago
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This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!! The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.

Full Property Details for 195 Lexington Pkwy N

General

  • Price: $1,400,000
  • Taxes: $25,682 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7028626
  • Updated: 3/25/2026
  • Added to Site: 24 day(s) ago

Interior

  • Appliances: Range, Refrigerator
  • Flooring: Tile, Wood

Additional Information

  • Amenities: Cable, Ceiling Fan(s), Hardwood Floors, Patio, Security System, Tile Floors

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 12
  • Parking Features: Detached Garage, Paved Lot

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Anna E Ramsey Add
  • Neighborhood: 96
  • Driving Directions: Hwy.94 to Lexington Pkwy exit and go south to property

School Information

  • School District: 2102 - St. Paul
  • High School District: St. Paul

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block, Brick
  • Basement: Yes
  • Basement Desc.: Block, Full
  • Foundation Size: 3000
  • Roof: Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber
  • Ceiling Height: 8-10
  • Disability Access: None
  • Square Feet: 12,000
  • Finished Down/Base.: 12,000 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1921

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.355
  • Lot Dimensions: 119 x 130
  • Frontage: City Street, Sidewalks
  • Potential Use: Income
  • Zoning: Residential-Multi-Family
  • Lot Description: Corner Lot, Light Tree Coverage

Financial Considerations

  • Operating Expenses: $50,486
  • Tax Amount: $25,682
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Gas, Insurance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: ANNA E RAMSEY ADD EX PKWY LOT 1 AND ALL OF LOTS 2 3 AND LOT 4 BLK 8
  • Inclusions: Building, Land, Leases, Rental License
  • Property ID: 32823110083

Listed by Apartment Cash Flow, Inc.

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— 195 Lexington Pkwy N —

  • Apartment Cash Flow, Inc.

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NMLS#: 1598647

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with our affiliated in-house agency

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

Schools serving 195 Lexington Pkwy N

School District:St. Paul Public School District
NameGradesDistance
Maxfield Magnet Elementary School
380 Victoria Street North, Saint Paul, MN 55104
PK-50.7 mi
Hidden River Middle School
1700 Summit Avenue, Saint Paul, MN 55105
6-81.3 mi
Central Senior High School, Saint Paul, MN
275 Lexington Parkway North, Saint Paul, MN 55104
9-120.1 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 195 Lexington Pkwy N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$1,400,000
-6.35%
MLS
3/02/2026
Listed
$1,495,000
647.5%
MLS
10/27/2004
Sold
$200,000
—
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 195 Lexington Pkwy N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,536
-1%
$1,283,400
-7%
2024
$28,922
11%
$1,380,100
2%
2021
$26,006
-12%
$1,350,300
-11%
2023
$29,404
13%
$1,522,200
12%
2021
$26,006
8%
$1,356,800
16%
2020
$24,128
5%
$1,165,300
6%
2019
$23,000
16%
$1,099,400
14%
2018
$19,832
8%
$964,500
5%
2017
$18,364
13%
$914,800
17%
2016
$16,286
-2%
$783,600
-2%
2015
$16,680
8%
$796,700
15%
2014
$15,510
—
$692,000
—
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.

Estimate the Cost for 195 Lexington Pkwy N

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Listed by Apartment Cash Flow, Inc.

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195 Lexington Parkway N, Saint Paul, MN 55104 (MLS# 7028626) is a Commercial property. 195 Lexington Parkway N is currently listed for $1,400,000 and was received on March 02, 2026. Want to learn more about 195 Lexington Parkway N? 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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