$399,900

Estimated payment $2,787/month

Total Views 1,684
4 Beds
4 Baths
4,326 Sq Ft
$92 Price per Sq Ft

About This Home

Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow.
Each unit includes:
Private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel,
Individual 40-gallon water heater.
Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity.
Additional Amenities:
Off-street parking behind the building,
Lockable basement storage units for each tenant,
Coin-operated washer and dryer in the basement for added income.
Close to shopping, bike trails, and public transit.
This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!

Listing Agent

Brian Raney

HomeAvenue Inc Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,932

Year Built

  • Built in 1889

Home Design

  • Quadruplex

Interior Spaces

  • 4,326 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units
  • Howards Add To St Paul Subdivision

Listing and Financial Details

  • Assessor Parcel Number 282922230064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,932

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1889
  • Above Grade Finished Sq Ft: 4326
  • Water Sewer Expenses: 990
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 4326
  • Basement YN: Yes
  • Total Rooms: 4
  • Total Rooms: 4
  • Total Rooms: 4
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Payne-Phalen

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas

Schools

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

Lot Info

  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 17802.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 282922230064
  • Tax Annual Amount: 6932
  • TaxWithAssessments: 6932.0000

Multi Family

  • ElectricExpense: 323

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
06/26/2025 06/26/25 For Sale $399,900 -- $92 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6741031

NorthstarMLS