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Thomas Simonsen, Metrowide Team
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149 Morton Street E, Saint Paul, MN 55107

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Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agent Name: Thomas Simonsen, Metrowide Team
Agent Phone: (612) 978-2585
Agency Title: Counselor Realty

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Property Description

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.

149 Morton Street E | MLS# 7022196

This commercial property located at 149 Morton Street E, Saint Paul, MN 55107 is currently listed for sale with an asking price of $1,295,000. Morton Street E is located within the St. Paul school district. Search Saint Paul real estate on tsimonsen.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.39 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Stories: 3.0
Taxes: $19,036
Year Built: 1963

Feature Descriptions

Appliances: Range, Refrigerator
Basement: Block, Finished, Full
Current Use: Residential
Days on Site: 18
Exterior: Block, Frame
Foundation Size: 2600
Lot: Corner Lot
Lot Dimensions: 90 x 180
Owners Expense: Fuel, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 082822310101
Parking: Asphalt, Parking Lot, Paved Lot
Road Frontage: City Street
Sale Includes: Building, Land, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Electricity
Units: 12
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: St. Paul

Near By

Demographics



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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 3:09:18 AM EST) or RMLS-MN MLS (last updated Fri 03/06/2026 12:02:34 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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