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Active
$375,000
/mo Edit
Single Family:  More Than 2 Stories
5 br • 3 ba • Built 1905
2,253 sqft • 0.278 acres
St. Paul schools
MLS# 7105165
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    Property Description

    Rare opportunity for investors and developers in Saint Paul's high-demand Hamline University corridor. Set on an oversized lot spanning more than a quarter acre, just minutes from Hamline University and several nearby colleges, this property offers immediate rental income with long-term development potential. The three-story home was previously zoned as a duplex and can accommodate up to six residents, making it well-suited for student housing or other high-demand rental opportunities. The unfinished lower level provides additional space for future expansion or value-add improvements. Outside, the detached garage, generous garden area, and oversized yard offer flexibility today, while the lot itself presents compelling redevelopment potential. With consistent rental demand fueled by the surrounding universities, this is a rare opportunity to generate income now while exploring future multifamily development, subject to city approvals.

    Listing

    Contingency: None
    Price per sq ft: $166
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55104
    Neighborhood/Area: 93
    Subdivision Name: Johnston Court, St Paul, , Minn

    Interior

    Living Area: 2,253 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 16x26
    Garage Size: 416 ft2
    Air Conditioning: Window Unit(s)
    Foundation Size: 839 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached Garage
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    • Walk-In Closet
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • Main Floor 3/4 Bath
    • Upper Level Full Bath
    Dining/Kitchen: Separate/Formal Dining Room
    Laundry: In Basement
    Upper Level Size Sq Ft
    Bedroom 5  10 x 12  120 
    Bedroom 4  14 x 9  126 
    Bedroom 2  15 x 10  150 
    Bedroom 3  13 x 9  117 
    Third Level Size Sq Ft
    Bonus Room  9 x 16  144 
    Family Room  13 x 16  208 
    Kitchen- 2nd  6 x 9  54 
    Main Level Size Sq Ft
    Three Season Porch  31 x 8  248 
    Dining Room  15 x 12  180 
    Bedroom  14 x 9  126 
    Kitchen  12 x 9  108 
    Living Room  12 x 14  168 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.278
    Geolocation: 44.964345, -93.161164
    Lot Dimensions: 67 x 181
    Zoning: Residential-Single Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 625
    District Phone: 6517678100

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,450
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,450
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

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

    Mortgage Calculator

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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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.