$394,600
PENDING

Estimated payment $2,385/month

Total Views 2,783
4 Beds
4 Baths
2,600 Sq Ft
$152 Price per Sq Ft

Highlights

  • Multiple Garages
  • Patio
  • Coin Laundry
  • Corner Lot
  • Forced Air Heating System
  • Privacy Fence

About This Home

A solid investment opportunity in a high demand rental area. This building is section 8 approved and enrolled in the city of St Paul's 4-D affordable housing program, offering property tax reductions and long term affordability incentives. Three out of four units are currently rented. The building sits on a deep lot with a shared backyard that includes a patio, grassy area, and garden space. Walkable to local favorites like Yarusso Bros, Minnesota Music Cafe, and the Bruce Vento Trail. Strong cash flow opportunity with rents below market.

Listing Agent

Joshua Dobbins

Lakes Sotheby's International Realty Listed on: 05/16/2025

Lakes Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 35x146
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 4 Car Garage
  • Multiple Garages

Home Design

  • Quadruplex

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Basement
  • Shared Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 322922210016

Community Details

Overview

  • 4 Units
  • Phillips Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1884

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Patio
  • Year Built: 1884
  • Above Grade Finished Sq Ft: 2600
  • Water Sewer Expenses: 1204
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Shared Access
  • Living Area: 2600
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Paneled Doors
  • Appliances: Range
  • Total Rooms: 5
  • Amenities: Countertops-Solid Surface
  • Total Rooms: 3
  • Appliances: Range,Stainless Steel Appliances
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Privacy, Wood
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Payne-Phalen
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Detached, Multiple Garages
  • Garage Square Feet: 720

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: St. Paul
  • SchoolDistrictNumber: 625
  • SchoolDistrictPhone: 651-767-8100

Lot Info

  • Lot Size: 35x146
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 7292.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 322922210016
  • Tax Annual Amount: 2466
  • TaxWithAssessments: 2466.0000

Multi Family

  • ElectricExpense: 2537
  • Resident Manager Expense: 2537
  • Number Of Refrigerators: Four

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $394,600 +215.7% $152 / Sq Ft
10/31/2012 10/31/12 Sold $125,000 +8.7% $48 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $115,000 -- $44 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6705175

NorthstarMLS