For Sale: Saint Paul MLS# 7140536
Active
NEW!
$285,000
Multi-family: Duplex Up and Down
2 br • 2 ba • Built 1886
1,552 sqft • 0.113 acres
St. Paul schools
MLS# 7140536
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Property Description
INVESTORS—STOP SCROLLING! Two-unit income property with both units rented, including a nearly 30-year tenant, plus newer roof/windows and brand-new exterior paint. Strong rental history + established tenants + FHA-friendly = a smart addition to any investment portfolio. This is the type of investment buyers look for—established rental history, minimal turnover, and a property you can start earning from immediately.
The upper-level unit has been occupied by the same tenant for nearly 30 YEARS, providing exceptional stability and a proven rental history. The lower-level unit is updated and well-maintained, featuring fresh paint, modern kitchen, in-unit laundry, upgraded bathroom, and new kitchen flooring, while retaining charming original character.
Brand-new exterior paint, newer roof and windows, and a 2-car garage add to the property's appeal and help minimize future maintenance concerns. Tenants pay gas and electric, manage lawn care and snow removal, and share the garage.
FHA buyer friendly! Whether you're an experienced investor expanding your portfolio or looking for your first income property, this duplex offers the opportunity to build equity while collecting rental income from day one.
And the location delivers: just blocks from light rail and bus lines, restaurants, entertainment, and Ryan Park.
Two units. Two established tenants. Strong rental history. Recent improvements. Excellent location. Don't overlook this opportunity to add a solid, income-producing property to your portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$285,000
Price per sq ft:
$184
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1886
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55104
Neighborhood/Area:
102
Subdivision Name:
Chute Brothers Division, No 12
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,552 ft2
Living Area:
1,552 ft2
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22x20
Garage Size:
440 ft2
Foundation Size:
832 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Rooms
Laundry:
Main Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.113
Geolocation:
44.959987, -93.132699
Lot Dimensions:
40 x 126
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Railroad Access
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
$1,000
Annual Trash Expense:
$800
Annual Water/Sewer Expense:
$800
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,444
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,444
Income
Annual Gross Income:
$26,400
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!
Listing provided by RMLS,
courtesy of Kris Lindahl Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.