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$329,900

4 Beds 2 Baths 3,708 SQFT 0.33 Acres
Type: Contingent

1340 5th Avenue S
Saint Cloud, MN 56301

MLS#: 7036091
Jason Cline
Jason Cline
The Real Estate Advantage
Real Estate Professional
Phone: 701.580.0279
Office: 218.562.2041
Presented by: Coldwell Banker Realty

Property Description

 

Exceptional investment opportunity offered as a package sale—two neighboring 4-plex buildings ideally located directly across from Herb Brooks National Hockey Center. This prime location is perfect for student housing with easy access to St. Cloud State University, downtown amenities, shopping, dining, and entertainment—all within walking distance. Conveniently situated on the bus line for added renter appeal. Each 4-plex features spacious 2-bedroom, 1-bath units, offering consistent rental demand and strong income potential. Tenants benefit from on-site coin-operated laundry, shared paved parking between the buildings, and a total of 6 off-street parking spaces per building. Property highlights include low-maintenance siding, updated windows, newer countertops, and electric heat with individual water heaters. Roofs were replaced approximately in 2010. A rare opportunity to acquire a well-located, income-producing multi-family package in a high-demand rental area—ideal for both seasoned investors and those looking to expand their portfolio.


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,708 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
FuelElectric
Laundry FeaturesCommon Area, Laundry Closet

General

AccessibilityOther
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CitySaint Cloud
ContingencyOther
CountyStearns
DirectionsAcross from Herb Brooks Hockey Arena. University Dr S to S on 5th Ave S, R on 13th St S, L on 5th Ave S.
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income33600
HeatingBaseboard
High School DistrictSt. Cloud
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,708 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total4
Operating Expense0
OwnerPaysCommon Area Maintenance, Exterior Maintenance, HVAC Maintenance, Insurance, Grounds Care, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Water
PostalCitySaint Cloud
Property SubtypeFourplex
Property TypeResidential Income
RoofArchitectural Shingle
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBrott & Smiths Add
Tax Annual Amount$4,482
Tax Year2025
Tenant PaysElectricity, Heat, Hot Water
Trash Expense0
Water Sewer Expense0
Year Built1982

Exterior

Building Area Total3,708 sqft
Foundation Area1,872 sqft
Lot Dimensions110x132
Lot Size Area0 sqft
Parking FeaturesParking Lot, Paved Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$329,900

4 Beds 2 Baths 3,708 SQFT 0.33 Acres
Type: Contingent

1340 5th Avenue S
Saint Cloud, MN 56301

MLS#: 7036091
Jason Cline
Jason Cline
The Real Estate Advantage
Real Estate Professional
Phone: 701.580.0279
Office: 218.562.2041