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Active
$625,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1924
3,710 sqft • 0.12 acres
St. Paul schools
MLS# 6790349
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    Property Description

    Prime Investment Opportunity in Heart of the City! Investors, take note! This charming traditional double Bungalow Duplex offers two spacious units (up/down) with gleaming hardwood floors, classic built-ins, and timeless architectural details. Located just minutes from Concordia University and Central High School, this property is perfectly positioned for consistent rental demand. 1186 (main level and lower level) has 5 bedrooms and 2 baths, while 1188 (upstairs) has 3 bedrooms and 1 bath. Shared garage and backyard area. Property is Registered with the City as Student Housing and boasting a Grade A Certificate of Occupancy, this duplex is ready for immediate income generation. Whether you're expanding your portfolio or diving into your investment, this property checks all the boxes. Enjoy walkable access to schools, shopping, entertainment, and dining-a true urban gem with long-term potential. Schedule your tour today before this opportunity is no longer available.

    Listing

    Contingency: None
    Price per sq ft: $168
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Merriam Park/Lexington-Hamline
    Subdivision Name: Merriam Park/Lexington-Hamline

    Interior

    Living Area: 3,710 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full
    • Shared Access
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 2
    Foundation Size: 1,280 ft2
    Fencing: Chain Link, Partial, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Shared Amenities:
    • Laundry
    • Patio
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.948214, -93.150382
    Lot Dimensions: 40 x 133
    Zoning: Residential-Multi-Family
    Lot Description:
    • Irregular Lot
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,901
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,332

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

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