1340 5th Avenue S, Saint Cloud, MN 56301
Brott & Smiths Add · Stearns County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Style
(MF) Four Plex
Year Built
1982
Stories
2
Living Area
3,708 sq ft
Lot Size
0.33 acres
Lot Dimensions
110x132
Days on Market
6
MLS® Listing#
7036091
Property Features
Heating
Basement
Parking
Laundry
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$4,514
Parcel Number
82446790004
Directions
Across from Herb Brooks Hockey Arena. University Dr S to S on 5th Ave S, R on 13th St S, L on 5th Ave S.
Affordability Calculator
$65,980
Estimated monthly payment
$1,756/mo
Principal $263,920 · Est. interest $368,192 over 30 yrs
Location
Points of Interest in Saint Cloud, MN
Showing the Saint Cloud area map.
Nearby Schools
St Elizabeth Ann Seton School
School · 0.6 mi away
South Junior High School
Secondary · 0.7 mi away
Lutheran Student Fellowship
School · 0.8 mi away
Technical High School
Secondary · 0.8 mi away
Saint Cloud Area School District 742
School · 0.9 mi away
Talahi Elementary School
Elementary · 1.0 mi away
Calvary Community Church
School · 1.1 mi away
Lincoln Elementary School
Elementary · 1.2 mi away
St. Cloud Catholic Community Schools
School · 1.2 mi away
St Katharine Drexel School
School · 1.3 mi away
Cathedral High School
Secondary · 1.4 mi away
St Cloud Christian School
School · 1.7 mi away
Montessori School of St Cloud
Elementary · 1.7 mi away
Childrens Day Montessori
Elementary · 2.0 mi away
Sts Peter Paul & Michael School
School · 2.0 mi away
All Saints Academy
School · 2.0 mi away
Oak Hill Elementary School
Elementary · 2.2 mi away
Roosevelt Educational Center
School · 2.2 mi away
Alc West
School · 2.3 mi away
Northland Christian School
School · 2.4 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1324 1st Street N, Saint Cloud, MN | $274,000 | 7 | 3 | 3,492 |
| 1216/1218 6th Avenue S, Saint Cloud, MN | $279,900 | 7 | 2 | 2,744 |
| 1216/1218 6th Avenue S, Saint Cloud, MN | $279,900 | 7 | 2 | 2,744 |
| 815 5th Avenue S, Saint Cloud, MN | $294,900 | 12 | 4 | 4,622 |
| 334 33rd Avenue N, Saint Cloud, MN | $295,000 | 8 | 4 | 3,318 |
| 1330 5th Avenue S, Saint Cloud, MN | $329,900 | 8 | 4 | 3,708 |
Moving Cost Estimate
EXIT Agents in Saint Cloud
Listing Courtesy: Coldwell Banker Realty - 3202537373
Presented by: Christopher C Hauck