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Active NEW!
$235,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1921
1,465 sqft • 0.113 acres
St. Paul schools
MLS# 7069426
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    Property Description

    Amazing opportunity to own a cash-flowing duplex with future triplex potential! Motivated seller — priced under market value with immediate equity opportunity from day one. This large multi-family property is fully leased and generating income today, while still offering upside through minor cosmetic updates and value-add improvements. Each unit features spacious layouts with 3 bedrooms and 1 bathroom, making this an attractive option for tenants and investors alike. Basement level currently functions as an additional unit with kitchen and bathroom already in place — just add egress to create a potential legal 3rd unit and significantly increase income potential. Whether you’re an investor looking to expand your portfolio or an owner-occupant seeking rental income, this is a rare opportunity with strong upside, strong rental demand, and long-term value potential.

    Listing

    Contingency: None
    Price per sq ft: $160
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55106
    Neighborhood/Area: 98
    Subdivision Name: Cloverdale, St Paul, Minn

    Interior

    Living Area: 1,465 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 300 ft2
    Foundation Size: 897 ft2
    Handicap Accessible: Doors 36"+
    Heating System: Forced Air
    Parking Features: Detached Garage
    Exterior Material: Concrete
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry: None

    Lot & Land

    Acres: 0.113
    Geolocation: 44.976892, -93.053946
    Lot Dimensions: 40 x 125
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $2,789
    Annual Insurance Expense: $2,150
    Annual Maintenance Expense: None
    Annual Trash Expense: $1,025
    Annual Water/Sewer Expense: $670
    Tenant Expenses: Cable TV, Electricity, Parking Fee

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,658
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,658

    Income

    Annual Gross Income: $39,565

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: 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 Keller Williams Realty Integrity Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.