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For sale by owner
  • Price cut: $95K (5/12)
    $1,499,999

    1120 9th Ave S, Saint Cloud, MN 56301

    50beds
    18,338sqft
    : 
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    MultiFamily
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $82/sqft
    $-- HOA

    What's special

    Updated common hallways
    CASH COW! Easy Cash Flow from Day 1. Fully Rehabbed. Laundry Income. No utility costs to Owner. This fully renovated multi-family apartment complex in St. Cloud offers a rare opportunity to own a stabilized, professionally managed investment property with modern finishes and low owner responsibility. The building consists of 15 total units, including three (5) 2-bedroom, 2-bath units and twelve (10) 4-bedroom, 1-bath units, providing a strong and flexible unit mix. The property underwent a complete rehabilitation in 2023, featuring updated common hallways, new luxury vinyl plank and laminate flooring throughout the entire building, and tiled showers in all units. On-site laundry adds convenience for tenants and supports retention. All units are leased and professionally managed, offering immediate income and organized operations. Owners cover virtually no utilities, as costs are passed through via reimbursements, helping maintain strong cash flow and predictable expenses. This turn-key St. Cloud investment is ideal for buyers seeking stable income, minimal deferred maintenance, and long-term value.
    What the owner loves about this home
    This fully renovated multi-family apartment complex in St. Cloud offers a rare opportunity to own a stabilized, professionally managed investment property with modern finishes and low owner responsibility. The building consists of 15 total units, including three (5) 2-bedroom, 2-bath units and twelve (10) 4-bedroom, 1-bath units, providing a strong and flexible unit mix. The property underwent a complete rehabilitation in 2023, featuring updated common hallways, new luxury vinyl plank and laminate flooring throughout the entire building, and tiled showers in all units. On-site laundry adds convenience for tenants and supports retention. All units are leased and professionally managed, offering immediate income and organized operations. Owners cover virtually no utilities, as costs are passed through via reimbursements, helping maintain strong cash flow and predictable expenses. This turn-key St. Cloud investment is ideal for buyers seeking stable income, minimal deferred maintenance, and long-term value.
    164 days
    |
    398
    |
    18
    |
    Listed by:

    Property Owner (763) 350-5262

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 50
      • Bathrooms: 20
      • Full bathrooms: 20
      Heating
      • Gas
      Interior area
      • Total interior livable area: 18,338 sqft

      Property

      Features
      • Exterior features: Brick
      Lot
      • Size: 0.64 Acres
      Details
      • Parcel number: 82488110000

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1988

      Community & HOA

      Location
      • Region: Saint Cloud

      Financial & listing details

      • Price per square foot: $82/sqft
      • Tax assessed value: $1,357,000
      • Annual tax amount: $22,212
      • Date on market: 1/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,167/mo

        Price history

        DateEventPrice
        5/12/2026Price change$1,499,999-6%$82/sqft
        Source: Owner Report a problem
        3/4/2026Price change$1,595,000-5.9%$87/sqft
        Source: Owner Report a problem
        2/2/2026Price change$1,695,000-5.6%$92/sqft
        Source: Owner Report a problem
        1/30/2026Listed for sale$1,795,000+15.8%$98/sqft
        Source: Owner Report a problem
        9/30/2022Sold$1,550,000$85/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,212 +7.5%$1,357,000 +6.3%
        2024$20,666 +31.4%$1,276,000 +34.9%
        2023$15,732 -0.7%$946,000 +5.7%
        2022$15,840 $895,000
        2021$15,840 +20.4%$895,000 -4.8%
        2020$13,160 $939,800 +30.5%
        2019$13,160 +3.8%$720,000 +5.4%
        2018$12,680 -1.2%$683,000
        2017$12,830 +2.8%$683,000
        2016$12,476 --
        2015$12,476 --
        2014$12,476 -5.7%--
        2013$13,234 +0.5%--
        2012$13,170 +1.8%--
        2011$12,938 +7.6%--
        2010$12,024 -0.7%--
        2009$12,106 +6.4%--
        2008$11,376 +3.5%--
        2007$10,986 +2.7%--
        2006$10,700 -0.8%--
        2005$10,782 -3.2%--
        2003$11,143 -4.9%--
        2002$11,717 -26.2%--
        2001$15,879 +2.1%--
        2000$15,553 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56301

        Getting around

        59 / 100
        Somewhat Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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