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1800 Larpenteur Ave W
Falcon Heights, MN 55113

Price Upon Request

Apartments For Sale  •  21,546 SF

Property Details

  • Property Type Apartments
  • Total Building Size 21,546 SF
  • Lot Size 1.56 AC
  • Building Class C
  • Year Built 1968
  • Zoning Residential
0 Transit Score
41 Walk Score

Highlights

Situated in the City of Falcon Heights just a few blocks from the University of Minnesota’s St. Paul campus. This is a non-rent control asset
30 units have been completely renovated with modern finishes. In addition, common areas and landscaping have received a complete refresh
With a vast majority of the property consisting of three bedrooms and two bedrooms, average rents are $1,503
26 garages and 38 surface spaces provide additional revenue and convenience, plus room to park in front of each garage for added capacity
In-Place Cash Flow: Priced at a 7% CAP on actual 2025 financials

Amenities

  • Heating
  • Kitchen
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 5.7 mi
15 min - 7.6 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 27 min - 11.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Michael Jacobs 310-906-3275 Marcus & Millichap
Michael Jacobs 310-906-3275 Marcus & Millichap