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Active NEW!
$659,000
/mo Edit
Multi-family:  Four Plex
Built 1893
4,035 sqft • 0.21 acres
St. Paul schools
MLS# 6748677
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    Property Description

    Located in the highly desirable West Seventh neighborhood of Saint Paul, this beautifully maintained 4-unit property is full of charm, functionality, and future potential—perfect for both investors and owner-occupants seeking a smart buy in a vibrant, walkable area. The building includes three 1 bed / 1 bath units and one spacious 2 bed / 1 bath unit. The 2-bedroom apartment stands out with its private sliding patio door leading to the fenced side yard, plus a finished lower-level living room that adds valuable square footage—ideal for a home office, family room, or guest space. Each unit features beautiful hardwood floors, window A/C units, stainless steel appliances, and thoughtful layouts that attract quality tenants. Residents also enjoy three porch areas: a shared front porch, shared back porch, and a private porch for the main-floor unit. A significant value-add opportunity lies in the unfinished third floor, which could be transformed into an additional unit or used to expand existing living space, increasing both income and property value. Additional Revenue Streams & Features: New roof installed in July 2024. Three-car garage rented at $100/month per stall Additional off-street parking Coin-operated laundry generating approximately $720/year Large fenced side yard perfect for outdoor enjoyment or pet owners Pitched roof with shingles and metal siding for classic curb appeal One central boiler system (owner-paid heat); tenants pay electric This is a rare find—offering both immediate rental income and long-term upside in a location that renters love. Schedule your showing today!

    Listing

    Contingency: None
    Price per sq ft: $163
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55102
    Neighborhood/Area: West Seventh
    Subdivision Name: Clarkes Add

    Interior

    Living Area: 4,035 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Foundation Size: 1,824 ft2
    Foundation Dimensions: 40 x 47
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features:
    • Asphalt
    • Detached
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Steel Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.21
    Geolocation: 44.922327, -93.135233
    Lot Dimensions: 80 x 11
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $2,501
    Annual Insurance Expense: $2,748
    Annual Maintenance Expense: $3,044
    Annual Gross Expense: $19,799
    Annual Trash Expense: $931
    Annual Water/Sewer Expense: $969
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,509
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,690

    Income

    Annual Gross Income: $61,140

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