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$1,500,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.113 Acres
  • Updated 15 hours ago
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These properties are investor-only and cannot be owner-occupied. **Phase 3 includes: 991 Wakefield Ave, 991 Hudson Rd, 982 Burr Ave, 856 Burr Ave, 686 Bradley St** This offering represents one of five phases within a larger portfolio. Properties within each phase must be sold together. Investors may acquire individual phases, multiple phases, or the entire portfolio as a single acquisition. As a full portfolio, the offering consists of 17 properties and 35 residential units located throughout Saint Paul. All properties participate in the NSP program with affordability covenants in place through August 2028, providing stable, AMI-based income at 50% AMI with a clear path to increased rents at 60% AMI upon program maturity. The portfolio is comprised primarily of duplex-style assets with larger unit configurations, strong occupancy history, and consistent cash flow. Operational advantages include reduced property taxes through 4D classification and exemption from Saint Paul rent stabilization enforcement. Ideal for investors seeking predictable income, operational stability, and long-term upside through structured rent growth & scalable acquisition opportunities.

Full Property Details for 991 Wakefield Ave

General

  • Price: $1,500,000
  • Taxes: $6,954 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7070432
  • Updated: 5/12/2026
  • Added to Site: 2 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Additional Information

  • Amenities: Kitchen Window, Patio, Porch

Exterior

  • Porch/Patio/Deck: Patio, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached Garage, Gravel, Asphalt, Shared Driveway, Other

Location

  • County: Ramsey
  • Township: Saint Paul
  • Subdivision: Wakefield Place
  • Neighborhood: 90
  • Driving Directions: WEST 7TH TO MARIA, EAST ON HUDSON RD, NORTH ON FOREST

School Information

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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Wall Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Foundation Size: 14033
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1916

Lot Features

  • Lot Size (Acres): 0.113
  • Lot Dimensions: IRREGULAR
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Potential Use: Income
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks)

Financial Considerations

  • Operating Expenses: $81,505
  • Tax Amount: $6,954
  • Tax Year: 2026
  • Terms: Cash, Other, Special Funding

Disclosures and Reports

  • Legal Description: WAKEFIELD PLACE LOT 29
  • Inclusions: Fixture/Equipment, Leases, Rental License
  • Property ID: 332922310189
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 991 Wakefield Ave —

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NMLS#: 1598647

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

Schools serving 991 Wakefield Ave

School District:St. Paul Public School District
NameGradesDistance
Daytons Bluff Elementary School
262 Bates Avenue, Saint Paul, MN 55106
PK-50.4 mi
Battle Creek Middle School
2121 North Park Drive, Saint Paul, MN 55119
6-82.4 mi
Harding Senior High School
1540 6th Street East, Saint Paul, MN 55106
9-121.2 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 991 Wakefield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$1,500,000
500%
MLS
10/03/2005
Sold
$250,000
—
Public Record
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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 991 Wakefield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,778
-22%
$428,000
8%
2024
$4,858
18%
$394,500
11%
2023
$4,132
17%
$354,600
19%
2021
$3,536
-14%
$298,200
-16%
2023
$4,132
17%
$352,900
27%
2021
$3,536
-2%
$278,500
5%
2020
$3,618
10%
$265,400
12%
2019
$3,298
6%
$237,500
—
2018
$3,102
5%
$238,100
4%
2017
$2,950
15%
$229,600
15%
2016
$2,570
-31%
$199,500
12%
2015
$3,742
9%
$178,200
17%
2014
$3,434
—
$152,700
—
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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991 Wakefield Avenue, Saint Paul, MN 55106 (MLS# 7070432) is a Commercial property. 991 Wakefield Avenue is currently listed for $1,500,000 and was received on May 11, 2026. This property is listed by Team Edelstein from our Highland Park Office.Want to learn more about 991 Wakefield 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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