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.
Active with contingency
$329,900
1340 5th Ave S, Saint Cloud, MN 56301
8beds
4baths
3,708sqft
Fourplex
Built in 1982
-- sqft lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
Low-maintenance sidingUpdated windowsOn-site coin-operated laundryNewer countertops
- 161 days
- 119
- 8
Zillow last checked:
Listing updated:
Listed by:
Christopher Hauck 320-267-1077,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7036091
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Appliances
- Laundry: Common Area, Laundry Closet, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 3,708
- Total interior livable area: 3,708 sqft
- Finished area above ground: 3,708
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Paved Lot
Accessibility
- Accessibility features: Other
Features
- Levels: Two
Lot
- Size: 0.33 Acres
- Dimensions: 110 x 132
Details
- Foundation area: 1872
- Parcel number: 82446790004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Brott & Smiths Add
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Saint Cloud
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $302,000
- Annual tax amount: $4,482
- Date on market: 3/24/2026
- Cumulative days on market: 98 days
- Tenant pays: Electricity, Heat, Hot Water
Estimated market value
Not available
Estimated sales range
Not available
$1,984/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $329,900$89/sqft |
Source: | ||
| 6/3/2026 | Pending sale | $329,900$89/sqft |
Source: | ||
| 3/30/2026 | Price change | $329,900-5.7%$89/sqft |
Source: | ||
| 3/24/2026 | Listed for sale | $350,000$94/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,482 +7.3% | $302,000 +17.3% |
| 2024 | $4,178 +32.6% | $257,400 +36.2% |
| 2023 | $3,152 -1.3% | $189,000 +5% |
| 2022 | $3,194 | $180,000 |
| 2021 | $3,194 +5.2% | $180,000 -4.8% |
| 2020 | $3,036 | $189,000 +26% |
| 2019 | $3,036 +8.8% | $150,000 |
| 2018 | $2,790 -1.2% | $150,000 |
| 2017 | $2,824 +2.8% | $150,000 |
| 2016 | $2,746 | -- |
| 2015 | $2,746 | -- |
| 2014 | $2,746 -1.5% | -- |
| 2013 | $2,788 | -- |
| 2012 | $2,788 +6.7% | -- |
| 2011 | $2,614 +7.6% | -- |
| 2010 | $2,430 +2.5% | -- |
| 2009 | $2,370 +6.4% | -- |
| 2008 | $2,228 +4.1% | -- |
| 2007 | $2,140 +4.8% | -- |
| 2006 | $2,042 -1.1% | -- |
| 2005 | $2,064 -1.8% | -- |
| 2003 | $2,102 -6.2% | -- |
| 2002 | $2,241 -25.4% | -- |
| 2001 | $3,005 +2.1% | -- |
| 2000 | $2,943 | -- |
Find assessor info on the county website
Monthly payment
Est. payment






