149 Morton Street

Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1963

Property Type

Commercial Sale

Acres

0.39

County

Ramsey

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

Block, Finished, Full

Price/Sqft

—

Stories

Three Or More

HOA Fee

N/A

Updated

1 MO AGO

List Date

7/4/2026

Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.