1116 7th Ave S
Saint Cloud, MN · View the listing ↗
Photos courtesy of NRT-Minnesota (CB Burnet), via Realtor.com.
Needs more info before these numbers mean much. No reliable rent estimate: too few comparable rentals close by, and no RentCast estimate.
No rent estimate yet, so the numbers can't be run. Run it yourself in the calculator →
First look
This is a 1971 four-plex of 3-bed units near St. Cloud State, priced at $359,900 (about $90K per unit). The listing gives no rents, taxes or expenses, and our FACTS have no rent estimate or underwriting, so the deal can't be tested yet. The package condition matters most: it must be sold with the neighboring 626 11th St. S., so the real price and total income are bigger than this one building. Interiors look dated but clean, with original-era cabinets and carpet. Ask for the rent roll, the trailing-12 expenses and the rental license before a showing. The 117 days on market gives you room to negotiate.
Things to consider
- Package sale changes the math You must buy the neighboring property too, so total price, loan size and management load are higher than the $359,900 shown. Underwrite both buildings together.Listing says: “Property must be sold as a package with neighboring 626 11th St. S. (MLS #7085036)”
- Income is completely unverified No rents or occupancy are stated and we have no rent estimate, so we can't say whether $90K a door pencils at today's rates.
- Tenants likely pay their own utilities Separate furnaces and electric meters keep owner expenses lower and simplify costs, though confirm who pays water, sewer and trash.Listing says: “each with separate gas furnaces and electric meters”
- Student demand brings turnover and wear Three-bedroom units near campus can fill but cost more in turns, carpet and paint. Budget higher reserves and vacancy.Listing says: “perfectly positioned to attract college student renters”
- Unit count and taxes are unverified We couldn't match a county parcel, so confirm legal unit count, tax bill and rental license before relying on the four-plex label.
- Negotiating room after 117 days Long marketing time and a package requirement suggest the seller may be flexible on price or terms.
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
AI-assisted first read of the listing description and photos (Claude), checked against public records. Every rent and repair above quotes the listing; verify with the agent, leases and an inspection.
Red flags and opportunities
Watch for
- highMust be bought together with the neighboring property, which raises the real price and cash needed Listing says: Property must be sold as a package with neighboring 626 11th St. S. (MLS #7085036) · AI review
- mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 1116 7TH AVE S
- mediumNo rents, occupancy or lease terms given, so income is unverified Based on: data: rent_estimate · AI review
- mediumStudent-oriented rental pool means seasonal turnover and heavy wear in 3-bed units Listing says: perfectly positioned to attract college student renters · AI review
- lowPhotos show exterior wood/vinyl-type siding with scuffs and bare, worn yard patches; condition of siding and drainage needs a look Based on: photo 1 · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 117 days on market
- Separate gas furnaces and electric meters mean tenants likely pay their own utilities, keeping owner costs low Listing says: each with separate gas furnaces and electric meters · AI review
- Coin-operated laundry in each unit's basement could add small extra income Listing says: Additional income potential comes from the coin-operated laundry in every unit · AI review
- Dated cosmetic finishes leave room for a modest refresh to support rents Based on: photo 6 · AI review
Questions for the agent
- What is the full package price for both properties, and can they be financed together?
- What are current rents, lease end dates and vacancy for each unit?
- Are the laundry machines owned or leased, and what do they earn?
- What are the property taxes, any special assessments and the trailing-12 expenses?
- What are the ages of the roof, furnaces and water heaters?
- Is the rental license current, and does the city show four units?
Bottom line
A student-rental four-plex with separately metered units, but unknown rents, a forced package purchase and no numbers yet mean it's a verify-first, not a rush. AI-assisted summary
What the records say
Where each number comes from
Price history Realtor.com
On the market since 2026-06-10 (117 days).
| Date | Event | Price |
|---|---|---|
| Relisted | $359,900 | |
| Removed | — | |
| Listed | $359,900 |
From the listing Listing
| Listed as | apartments |
| Property tax, 2026 | $5,126 |
| County | Stearns |
| Parcel number | 82445740000 |
As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.
Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Saint Cloud on rental licensing before you buy.