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Investment Highlights

  • Tenants pay individual gas and electric utilities.
  • New exterior decks were installed in 2023.
  • Recent updates include kitchens, baths, HVAC systems, and roof improvements.
  • Assigned garage parking is provided for each unit.

Executive Summary

197 Kent Street presents the opportunity to acquire a multifamily asset in Saint Paul’s Cathedral Hill neighborhood. Positioned near Grand Avenue’s established dining, retail, and service amenities and within close proximity to Summit Avenue, the property benefits from one of the city’s most recognized historic residential districts. The location offers convenient access to downtown Saint Paul, regional employment centers, and neighborhood amenities that support long-term tenant demand.?

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,281,319 CAD
Price Per Unit $128,132 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1889
Zoning Residential- Multi-family - Residential - Multi-family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 7 $2,511 CAD 980 - 1,280
2+1 3 $2,486 CAD 1,208
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01-28-23-22-0284
Land Assessment
$1,385 CAD (2026)
Improvements Assessment
$403,789 CAD (2026)
Total Assessment
$405,174 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41338518

  • Date on Market: 2026-07-17

  • Last Updated:

  • Address: 197 Kent St, Saint Paul, MN 55102

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