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For Sale:  Saint Paul MLS# 7074051

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Active NEW!
$726,750
/mo Edit
Multi-family:  Fourplex
6 br • 4 ba • Built 1899
6,525 sqft • 0.31 acres
St. Paul schools
MLS# 7074051
763-576-8286
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    Property Description

    Impressive historic fourplex located in the heart of St Pauls highly sought-after Cathedral Hill neighborhood. This renovated mansion property features large residential units, off-street parking, and exceptional outdoor space rarely found in urban multifamily properties. Situated on a double-wide lot, the property offers both immediate tenant appeal and long-term redevelopment potential. Residents enjoy a quiet, walkable neighborhood just steps from the Blair Arcade area at Selby and Western, with easy access to restaurants, cafes, shopping, and public transportation. The expansive yard space is currently utilized by tenants for grilling, outdoor gathering, and recreation. Additional amenities include coin-operated laundry and large unit layouts with strong long-term rental appeal. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and operational efficiencies. Exceptional value-add opportunity in one of St Pauls premier multifamily neighborhoods.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $726,750
    Price per sq ft: $111
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 2
    County: Ramsey
    Year Built: 1899
    State: MN
    Property Style: Fourplex
    Zip Code: 55102
    Neighborhood/Area: 101
    Subdivision Name: Selby, Mcclung And, Vanmeters

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 6,525 ft2
    Living Area: 6,525 ft2
    Refrigerators: Four
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Owner Access
    • Partial
    • Partially Finished
    • Shared Access
    • Single Tenant Access

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 24x20
    Garage Size: 480 ft2
    Foundation Size: 2,010 ft2
    Foundation Dimensions: 30x67
    Fencing: None
    Handicap Accessible: Doors 36"+, Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiator
    Parking Features: Other
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Concrete
    • Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Laundry: Common Area

    Lot & Land

    Acres: 0.31
    Geolocation: 44.947712, -93.12019
    Lot Dimensions: 80 x 170
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, See Remarks

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $17,869
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $20,516

    Income

    Annual Gross Income: $82,932

    Units

    Total Units: 4

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Gold Group Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.