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953 Desoto St
Saint Paul, MN 55130 Payne-Phalen

$544,900 USD

Apartments For Sale • 6,352 SF

Property Details

Property Type Apartments
Total Building Size 6,352 SF
Lot Size 0.15 AC
Building Class C
Year Built 1969
Zoning Multi-Family

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Fully occupied six-unit building with strong 2-bedroom mix.
                            
                                Reliable cash-flowing investment with stable tenancy.
                            
                                Large lot and garage offering value-add potential, including future unit additions.
                            
                                Part of the city’s 4D program providing tax-advantaged affordability structure.
                            
                                Owner pays gas, water, and trash with utilities recaptured through tenant charge-backs.

Property Flyers

Proforma 2025 Desoto

income_statement_12_month-20250402

Public Transportation

Commuter Rail	Drive	Walk	Distance
St. Paul-Minneapolis (Empire Builder - Amtrak)	5 min	-	2.2 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	20 min	-	11.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Ross Lumley 612-490-1434 The Stepping Stone Group

953 Desoto St Saint Paul, MN 55130 Payne-Phalen