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MLS# 7105907 - 1563 Charles Avenue Saint Paul, MN 55104

563 Charles Avenue offers an exceptional multifamily investment featuring a stable, cash-flowing operational foundation with immediate built-in upside. Priced at $810,000, this 9-unit apartment asset delivers an incredibly rare entry-level basis of just $90,000 per door in St. Paul’s resilient Hamline-Midway submarket. Boasting a strong historical occupancy profile, the building is currently 8/9 occupied, presenting buyers with the perfect mix of day-one cash flow and immediate lease-up potential. All tenants but pay for gas and electric, with the exception of one unit only paying electric. Spanning 5,620 square feet of rentable area, the property is characterized by easy-to-manage, practical layouts that consistently appeal to the neighborhood's deep pool of student and workforce renters. A massive competitive advantage for this asset is the inclusion of a 2-stall detached garage structure—a highly prized luxury during Minnesota winters that gives management a distinct edge in tenant retention and extra monthly cash flow. Shared coin-operated laundry infrastructure further supplements the building’s strong baseline revenue.

Financially Free, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Edge of the Wilderness Lakes & Homes Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edge of the Wilderness Lakes & Homes Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/8/2026 5:37:00 PM.
Equal Housing Opportunity.

563 Charles Avenue offers an exceptional multifamily investment featuring a stable, cash-flowing operational foundation with immediate built-in upside. Priced at $810,000, this 9-unit apartment asset delivers an incredibly rare entry-level basis of just $90,000 per door in St. Paul’s resilient Hamline-Midway submarket. Boasting a strong historical occupancy profile, the building is currently 8/9 occupied, presenting buyers with the perfect mix of day-one cash flow and immediate lease-up potential. All tenants but pay for gas and electric, with the exception of one unit only paying electric. Spanning 5,620 square feet of rentable area, the property is characterized by easy-to-manage, practical layouts that consistently appeal to the neighborhood's deep pool of student and workforce renters. A massive competitive advantage for this asset is the inclusion of a 2-stall detached garage structure—a highly prized luxury during Minnesota winters that gives management a distinct edge in tenant retention and extra monthly cash flow. Shared coin-operated laundry infrastructure further supplements the building’s strong baseline revenue.

Financially Free, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Edge of the Wilderness Lakes & Homes Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edge of the Wilderness Lakes & Homes Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 7/8/2026 5:37:00 PM.
Equal Housing Opportunity.