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Morningstar Apartments

Morningstar Apartments

101 Iowa Avenue W  /

Property Details

Property Type Multifamily
Year Built: 1964
Number of Units: 46
County: Ramsey


Michel Commercial Real Estate is pleased to present an exclusive listing for the sale of the Morningstar Apartments (the “Property” or “Morningstar”), a 46-unit apartment community located in St. Paul, MN. Built in 1964, this three building complex has a desirable unit mix of mostly one- and two-bedroom units, as well as on-site laundry facilities, and surface parking. The Morningstar Apartments are located in the North End neighborhood of the city of St. Paul. St. Paul is a major regional business hub and the third largest metropolitan area in the Midwest. Morningstar is conveniently located next to a bus stop and is just minutes from a small commercial hub and less than a mile from Interstate 35E. The Morningstar Apartments offers convenient access to green spaces, employment sectors, and freeways in a robust metropolitan area.


St. Paul is the capital of Minnesota. Located in Ramsey County, St. Paul has a population of 311,527 people—a 9.2% increase since 2010—an average household income of $80,711. As of April 2022, the median home value is $208,000, and the unemployment rate is 5%. As part of the Twin Cities metropolitan area, St. Paul is a major regional business hub and the third largest metropolitan area in the Midwest. A number of renowned companies are headquartered in St. Paul, including Ecolab, Securian Financial Group, and 3M. The city has a rich cultural arts scene, including an array of museums, world-class theaters, excellent restaurants, and the highly popular Winter Carnival. St. Paul’s historic North End neighborhood has an urbansuburban feel and is centered around Rice Street, one of the oldest and most celebrated streets in St. Paul. Residents appreciate the neighborhood’s rich history, one-of-a-kind eateries, and easy access to downtown St. Paul. North End is also home to the Marydale Festival, an annual arts festival that draws visitors from all over the city.


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