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For Sale:  Saint Paul MLS# 6815182

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Active
$469,000
/mo Edit
Multi-family:  Four Plex
Built 1926
2,176 sqft • 0.11 acres
St. Paul schools
MLS# 6815182
763-576-8286
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    Property Description

    Discover this well-maintained fourplex featuring four one-bedroom, one-bath units, perfectly positioned in a highly walkable St. Paul neighborhood close to restaurants, coffee shops, and convenient transit options. With two units on the main level and two on the upper level, this property offers a balanced layout and strong rental potential. All units are currently vacant and freshly updated, making this an ideal opportunity for an investor or owner-occupant to select tenants and set new market rents immediately. The building has been thoughtfully maintained, featuring newer windows, an on-demand boiler heating system, and a roof approximately 11 years old—providing peace of mind for years to come. An unfinished basement offers abundant storage space or future value-add potential. Outside, a large parking lot accommodates 4–8 vehicles, a rare advantage for a property in this location. Enjoy easy access to major highways and walking distance to Concordia University, St. Paul, local parks, and neighborhood amenities—making this a top choice for renters seeking convenience and comfort. This fourplex checks all the boxes: updates, location, and income potential. A must-see opportunity for any savvy investor!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $469,000
    Price per sq ft: $216
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 0
    County: Ramsey
    Year Built: 1926
    State: MN
    Property Style: Four Plex
    Zip Code: 55104
    Neighborhood/Area: Merriam Park/Lexington-Hamline
    Subdivision Name: F W Hoyts Rearrangement, Of L

    Interior

    Finished Area: 2,176 ft2
    Living Area: 2,176 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Full
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,088 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features:
    • Asphalt
    • Parking Lot
    • Paved
    • Unassigned
    Shared Amenities: Laundry
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.11
    Geolocation: 44.9531868276, -93.1488483054
    Lot Dimensions: 40 x 121 x 40 x 121
    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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,600
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,600

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 4

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.