$885,000
( $83.05Per Sq Foot )
 $4,751 est/mo Sourced by Back At You

320 7th Avenue S,Saint Cloud, MN 56301

Saint Cloud, MN 56301

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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.

Details

MLS #7041157
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site189
Listing Provided ByColdwell Banker Realty | Christopher Hauck

Features

SQ Feet10,656
BasementY
Units15
ZoningResidential-Multi-Family
Acreage0.17

Interior

CoolingNone
HeatingBoiler, Hot Water
AppliancesDishwasher, Range, Refrigerator

Exterior

RoofAsphalt
Lot FeaturesPublic Transit (w/in 6 blks)

Parking

Parking FeaturesPaved Lot

Utilities

UtilitiesElectric Separate, Heating Common, Heating Separate, Hot Water Common

Taxes

Property10036

Area Information

StateMN
CountyStearns
CitySaint Cloud
Zip Code56301
School District742
High SchoolSt. Cloud
Listing VS Median (in 56301)
Price:
$885,000
low | high
Med:
$355,450
100% of Average
sqft:
10,656
low | high
Med:
1,651
100% of Average
$ / sqft:
$83
low | high
Med:
$216
100% of Average
On site:
189
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 56301

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of September 30, 2026 at 4:12:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyStearns
CitySaint Cloud
Zip Code56301
School District742
High SchoolSt. Cloud
Listing VS Median (in 56301)
Price:
$885,000
low | high
Med:
$355,450
100% of Average
sqft:
10,656
low | high
Med:
1,651
100% of Average
$ / sqft:
$83
low | high
Med:
$216
100% of Average
On site:
189
low | high
Med:
21
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $663K - $1.16M
sqft: 7,500 - 13,000
Nearby Listings Property ImageNearby Listings Details
711 8th Avenue S Property Photo 1
$564,900
711 8th Avenue S
Saint Cloud, MN 56301
Listing Updated: September 29, 2026 at 6:36:22 AM PDT