For Sale: Saint Paul MLS# 7008409
Active
NEW!
$1,370,000
Multi-family: Four Plex
12 br • 6 ba • Built 1926
6,592 sqft • 0.137 acres
MLS# 7008409
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Property Description
Rare opportunity to own a fully renovated 4-plex in one of St. Paul’s most desirable locations near Grand Avenue and the University of St. Thomas. This classic 1926 property was completely gutted and rebuilt in 2019, featuring new kitchens, baths, windows, plumbing, electrical, insulation, mini-split A/C, and major mechanical upgrades, including a new sewer line and water main.
The building offers spacious, well-designed units with modern finishes while maintaining historic charm. Main-level units include expanded layouts with finished lower levels, and upper units feature open living areas with breakfast bars and generous bedrooms. Additional amenities include coin-operated laundry, private storage, and one garage space per unit.
Strong rental history and prime walkable location make this a turnkey investment with long-term upside in a high-demand area.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,370,000
Price per sq ft:
$208
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
1926
State:
MN
Property Style:
Four Plex
Zip Code:
55105
Neighborhood/Area:
95
Subdivision Name:
Rosedale Park
Interior
Bedrooms:
12
Bathrooms:
6
Finished Area:
6,592 ft2
Living Area:
6,592 ft2
Refrigerators:
Four
Basement Details:
- Drain Tiled
- Egress Window(s)
- Full
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
800 ft2
Foundation Size:
2,196 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Ductless Mini-Split
Shared Amenities:
Coin-op Laundry Owned
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.137
Geolocation:
44.939785, -93.18167
Lot Dimensions:
40 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$372
Annual Fuel Expense:
$372
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,632
Annual Water/Sewer Expense:
$521
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$16,254
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$16,254
Income
Annual Gross Income:
$122,471
Misc. Annual Income:
$3,150
Misc. Monthly Income:
$262
Rent
Annual Net Income:
$96,841
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Worth Clark Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.