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For Sale:  Saint Paul MLS# 6815533

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Active Contingent
$375,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1926
1,824 sqft • 0.11 acres
St. Paul schools
MLS# 6815533
763-576-8286
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    Property Description

    Prime Investment Opportunity!! Welcome to 1377 Randolph Ave, a charming duplex nestled in the heart of the beloved Macalester-Groveland neighborhood. This well-maintained property offers an exceptional opportunity for investors and owner-occupants seeking a move-in-ready income-producing asset in one of Saint Paul's most desirable and resilient communities. Property Highlights: This classic 1926-built duplex features two identical, spacious units, each with 2 bedrooms and 1 full bathroom. With a total of 1, 824 finished square feet across a 4, 960 sq. ft. lot, the property offers efficient use of space combined with excellent outdoor potential. Location & Neighborhood: Situated in Macalester-Groveland, one of Saint Paul's most vibrant and established neighborhoods, this property benefits from proximity to three universities (Macalester College, St. Catherine University, and University of St. Thomas), creating consistent demand for quality rental housing. The neighborhood's tree-lined streets, walkable retail and dining on nearby Grand Avenue, and strong sense of community make it an attractive destination for renters and residents alike. Low vacancy rates and steady rent appreciation in this market demonstrate its resilience and long-term value. Property Features: -Configuration: Two identical 2 bed/1 bath units—the most sought-after layout in this market -Condition: Good condition with updated major systems (roof, plumbing, electrical, HVAC) -Amenities: Detached garage providing valuable off-street parking -Lot Size: 4, 960 sq. ft. with mature landscaping and potential for improvements Move-In Ready: Minimal deferred maintenance; ready for immediate tenant occupancy Investment Potential: For investors, this property presents an excellent entry point into a proven rental market. The two-unit configuration provides income diversification, while the desirable neighborhood and move-in-ready condition minimize vacancy risk and capital expenditure concerns. The location's proximity to universities and young professional employment centers ensures consistent tenant demand. For owner-occupants, this duplex offers the flexibility to live in one unit while generating income from the other, or to occupy both units for a larger family home. The neighborhood's walkability and community amenities make it an ideal place to live. Why Macalester-Groveland: -This neighborhood has proven itself as a stable, desirable community with strong fundamentals: -Institutional anchors providing consistent tenant demand -Low vacancy rates (3–5%) indicating strong market demand -Consistent rent appreciation (2–3% annually) -Walkable, vibrant community with excellent retail and dining Strong sense of community and neighborhood pride The competitive asking price reflects the property's great condition and prime location. It represents an attractive entry point for serious buyers in a market where comparable properties command premium prices. Schedule your showing today to experience this exceptional property firsthand. Whether you're an investor seeking a reliable income-producing asset or an owner-occupant looking for a home with rental income potential, 1377 Randolph Ave deserves your attention.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $375,000
    Price per sq ft: $206
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 2
    County: Ramsey
    Year Built: 1926
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55105
    Neighborhood/Area: Macalester-Groveland
    Subdivision Name: Sunnyside 2, , St Paul, Mile

    Interior

    Finished Area: 1,824 ft2
    Living Area: 1,824 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 17.3x23.6
    Garage Size: 324 ft2
    Garage Door Height: 71
    Garage Door Width: 8
    Foundation Size: 912 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System:
    • Hot Water
    • Radiator(s)
    Parking Features:
    • Concrete
    • Detached
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.11
    Geolocation: 44.927241, -93.158459
    Lot Dimensions: 119 x 40
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Walkout

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,428
    Annual Insurance Expense: $2,801
    Annual Maintenance Expense: $603
    Annual Gross Expense: $17,285
    Annual Trash Expense: $662
    Annual Water/Sewer Expense: $1,023
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,244
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,244

    Income

    Annual Gross Income: $24,212

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