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$574,750
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1888
4,017 sqft • 0.133 acres
St. Paul schools
MLS# 7074144
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    Property Description

    Exceptional investment opportunity in one of St Pauls most iconic and sought-after neighborhoods. Located along the premier stretch of Selby Avenue in Cathedral Hill, this duplex offers immediate cash flow potential combined with long-term redevelopment upside in one of the citys highest-demand urban corridors. The surrounding neighborhood features walkable access to cafes, restaurants, bars, boutique shopping, the Blair Arcade district, public transportation, and some of St Pauls most recognizable historic streetscapes. Demand for housing in this area remains consistently strong due to the neighborhoods unique blend of historic character, urban walkability, and proximity to downtown St Paul. 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. Rare opportunity to acquire a cash-flowing asset with meaningful long-term positioning in one of the Twin Cities premier investment locations.

    Listing

    Contingency: None
    Price per sq ft: $143
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55102
    Neighborhood/Area: 101
    Subdivision Name: Woodland Park Addition, To St

    Interior

    Living Area: 4,017 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Modified Two Story
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,367 ft2
    Foundation Dimensions: 38.5 x 35.5
    Handicap Accessible: Doors 36"+
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Shared Driveway
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    Exterior Material:
    • Block
    • Concrete
    • Frame
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.133
    Geolocation: 44.946771, -93.123088
    Lot Dimensions: 50 x 165
    Zoning: Residential-Multi-Family

    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,122
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,130

    Income

    Annual Gross Income: $43,548

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    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.