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Active NEW!
$529,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1905
2,253 sqft • 0.28 acres
St. Paul schools
MLS# 6792503
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    Property Description

    Attention investors—this is the one you’ve been waiting for. In an amazing Hamline University location, this rarely available 7-bedroom, 3-bathroom duplex is more than just a property—it’s a serious income-generating opportunity with huge upside. Duplexes of this size and scale don’t hit the market often, especially in a neighborhood with year-round rental demand driven by university life, strong community, and proximity to everything St. Paul has to offer. Inside, you’ll find two expansive units with smart, livable layouts that maximize space and comfort for tenants. With seven total bedrooms, you’re looking at multiple leasing strategies with consistent turnover, traditional long-term tenants, or even a hybrid model to optimize cash flow. This property isn’t just about bedrooms and bathrooms—it’s about long-term functionality and retention. The spacious two-stall garage with storage, community laundry and heated storage areas, and very large yard all add significant value for tenants. The location speaks for itself. Steps from Hamline University and surrounded by shops, dining, transit, and parks, this address guarantees a deep tenant pool year after year. The demand is built-in. For investors, this is more than just cash flow—it’s a buy-and-hold with serious appreciation potential. Whether you choose to renovate for premium rents, operate as-is for reliable income, or reposition the property entirely, the upside here is undeniable. A rare duplex. A prime location. A built-in tenant base. This is the kind of opportunity that builds portfolios. Don’t wait.

    Listing

    Contingency: None
    Price per sq ft: $235
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Hamline-Midway
    Subdivision Name: Johnston Court, St Paul, , Minn

    Interior

    Living Area: 2,253 ft2
    Ranges: Two
    Refrigerators: Three
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 16x26
    Garage Size: 416 ft2
    Garage Door Width: 14
    Foundation Size: 839 ft2
    Foundation Dimensions: 26x32
    Fencing: Other
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Shared Amenities:
    • Common Garden
    • Laundry
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material: Wood Siding
    Roof Details: Asphalt

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.28
    Geolocation: 44.964345, -93.161164
    Lot Dimensions: 67 x 181
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    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: $2,750
    Annual Maintenance Expense: $1,300
    Annual Gross Expense: $5,250
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,104
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,104

    Income

    Annual Gross Income: $37,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    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 Minneapolis Residential.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.