320 7th AVE S, Saint Cloud, MN 56301
320 7th AVE S, Saint Cloud, MN 56301
320 7th AVE S, Saint Cloud, MN 56301
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Chad Pederson

Chad Pederson

+1(612) 325-8745
$885,000
Est. payment /mo
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7041157

Year Built 1947

Annual Tax Amount $10,036

Tax Year 2025

Contingent None

Lot Size 7,405 Sqft

Lot Dimensions 55x132

Property Description

Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units—an efficient unit mix that supports strong occupancy and consistent cash flow.

Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk.

With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation.

Schedule your private tour to explore this income-producing opportunity.

Location

State MN

County Stearns

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Boiler, Hot Water

Cooling None

Inclusions Building, Fixture/Equipment

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Exterior

Parking Features Paved Lot

Utilities Available Electric Separate, Heating Common, Heating Separate, Hot Water Common

Roof Type Asphalt

Present Use Residential

Building

Lot Description Public Transit (w/in 6 blks)

Story Three Or More

Foundation 2664

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

New Construction false

Schools

School District St. Cloud

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Listed by Christopher Hauck • Coldwell Banker Realty

Nearby School & Business

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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