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Active NEW!
$441,750
/mo Edit
Multi-family:  Duplex Side by Side
2 br • 2 ba • Built 1874
2,888 sqft • 0.11 acres
St. Paul schools
MLS# 7074606
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    Property Description

    Well-located side-by-side duplex on St Pauls East Side offering strong long-term rental appeal in a stable and growing neighborhood. The property benefits from convenient access to downtown St Paul, public transportation, Mississippi Market Co-Op, and the restaurants, shopping, and entertainment along East 7th Street. The side-by-side layout provides added privacy and functionality compared to traditional duplex configurations, contributing to strong tenant demand and long-term rental stability. Located in an established East Side neighborhood with continued investment and redevelopment activity, the property presents an excellent opportunity for investors seeking stable cash flow with additional upside potential. 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.

    Listing

    Contingency: None
    Price per sq ft: $153
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55106
    Neighborhood/Area: 90
    Subdivision Name: Lyman Dayton Add

    Interior

    Living Area: 2,888 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,444 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    Exterior Material:
    • Block
    • Concrete
    • Frame
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lot & Land

    Acres: 0.11
    Geolocation: 44.955588, -93.070648
    Lot Dimensions: 40 x 120
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Sloped

    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: 2026
    Annual Taxes: $4,259
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,522

    Income

    Annual Gross Income: $26,604

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • 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!

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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.