Cleveland Terrace

Michel Commercial is pleased to present Cleveland Terrace, a 50-home community across two properties, ideally located in the heart of Saint Paul’s highly desirable Highland Park neighborhood. Cleveland Terrace offers residents a rare combination of peaceful park-adjacent living and vibrant urban convenience, with convenient proximity to St. Catherine University (St. Kate’s) just minutes away. The community features open, light-filled studio, one-bedroom, and two-bedroom homes, with many units offering stainless steel appliances, hard-surface flooring, updated cabinetry, and modern lighting—creating an inviting and comfortable living experience. Investment Potential Cleveland Terrace offers a compelling investment opportunity backed by strong occupancy and stable in-place cash flow. Its proximity to St. Catherine’s University and updated interiors support consistent demand and tenant retention. With durable neighborhood appeal and modernized units, the property is well positioned as a stable, income-producing asset with long-term upside.

Saint Paul, MN, is the capital city of Minnesota and one-half of the Twin Cities metropolitan area, alongside Minneapolis. As one of the oldest and most historic cities in the state, Saint Paul combines urban vibrancy with charming neighborhoods and extensive green spaces, offering residents a rich and balanced quality of life. Cleveland Terrace location offers direct access to I-35E, I-94, and Hwy 52 provides seamless connectivity to both downtowns and major employment hubs, while proximity to the Mississippi River, Minnehaha Regional Park, and St. Catherine University (St. Kate’s) enhances its appeal to students, professionals, and long-term renters.