
661 Payne Ave Saint Paul, MN 55130
Payne-Phalen NeighborhoodEstimated payment $2,385/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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