Saint Paul, MN 55104 195 Lexington Parkway N

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Presented By: Apartment Cash Flow, Inc.
  • MLS# 7028626
  • 03/02/2026
  • Request Tour
  • Request Info
  • SQFT • 12,000
  • Garage • 12

Home Details

This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!! The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.
Presented By: Apartment Cash Flow, Inc.

Interior Features for 195 Lexington Parkway N

Other Interior Features

BasementBlock, Full
Basement (Y/N)Yes
Ceiling Height8-10
FuelNatural Gas

General for 195 Lexington Parkway N

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCable, Ceiling Fan(s), Hardwood Floors, Patio, Security System, Tile Floors
AppliancesRange, Refrigerator
CitySaint Paul
Construction MaterialsBlock, Brick
ContingencyNone
CoolingWindow Unit(s)
CountyRamsey
Current UseResidential
DirectionsHwy.94 to Lexington Pkwy exit and go south to property
Electric Expense1200
Fuel Expense3100
Garage Spaces12
Gross Income153565
HeatingHot Water
High School DistrictSt. Paul
Insurance Expense6500
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
MaintenanceExpense3000
Net Operating Income103079
New ConstructionNo
Number Of Units Total13
Operating Expense50486
OwnerPaysGas, Insurance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
Pool FeaturesNone
Possible UseIncome
PostalCitySaint Paul
Property TypeCommercial Sale
RoofAge 8 Years or Less, Asphalt, Flat, Pitched, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameAnna E Ramsey Add
Tax Annual Amount25682
Tax Year2025
Tenant PaysCable TV, Electricity
TopographyLevel
Trash Expense2004
UtilitiesElectric Separate, Heating Common, Hot Water Common
Water Sewer Expense5200
Year Built1921
Zoning DescriptionResidential-Multi-Family

Exterior for 195 Lexington Parkway N

Building Area Total12000
FencingNone
Foundation Area3000
InclusionsBuilding, Land, Leases, Rental License
Lot Dimensions119 x 130
Lot FeaturesCorner Lot, Tree Coverage - Light
Lot Size Area0.355
Parking FeaturesDetached Garage, Paved Lot
Road Frontage TypeCity Street, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $1,495,000
MLS#7028626
List Date 03/02/2026
Property Type Commercial
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