$599,000

Estimated payment $4,087/month

8 Beds
3 Baths
3,710 Sq Ft
$161 Price per Sq Ft

Highlights

  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • Laundry Room
  • Central Senior High School Rated A-
  • Patio
  • 3-minute walk to Dunning Fields

About This Home

Prime Investment Opportunity in the Heart of the City! Investors, take note! This charming traditional double Bungalow Duplex offers two spacious units (up/down) with gleaming hardwood floors, classic bult-ins and timeless architectural details. Located just minutes from Concordia University and Central High School, this property is perfectly positioned for consistent rental demand. 1186 (man level and lower level) has 5 bedrooms and 2 bath, with 1188 (upstairs) has 3 bedrooms and 1 bath. Shared garage and backyard area. Property is registered with the city as Student Housing and Grade A Certificate of Occupancy , this duplex is ready for immediate income generation. Whether you're expanding your portfolio or driving into your first investment, this property checks all the boxes. Enjoy walkable access to schools, shopping, entertainment, and dining - a true urban gem with long-term potential. Schedule your tour today before this opportunity is no longer available!

Listing Agent

Mara Bowman

Coldwell Banker Realty Brokerage Phone: 7152220978 Listed on: 05/27/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,142

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 40x133
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Duplex
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Lower Floor Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Laundry in Basement
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Patio
  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 032823110034

Community Details

Overview

  • 2 Units
  • Merriam Park/Lexington Hamline Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,142

Year Built

Built in 1924

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Outside Features: Stone, Stucco
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Other, Patio
  • Year Built: 1924
  • Above Grade Finished Sq Ft: 2560
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 7152220978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Finished, Full, Shared Access, Storage Space
  • Living Area: 3710
  • Below Grade Finished Sq Ft: 1150
  • Owner Pays: Sewer, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Built-In Bookcases, Hardwood Floors, Natural Woodwork
  • Appliances: Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Washer
  • Amenities: Balcony, Built-In Bookcases, Hardwood Floors, Natural Woodwork
  • Appliances: Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Washer

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age Over 8 Years, Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Partial, Wood
  • Foundation Details: Other
  • Neighborhood: 96
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached Garage, Concrete, Shared Driveway, Garage Door Opener, No Int Access to Dwelling, Shared Garage/Stall, Storage

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Common Area, Lower Level, Laundry Room
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: St. Paul
  • SchoolDistrictPhone: 6517678100

Lot Info

  • Topography: Level
  • Waterfront YN: No
  • Lot Size: 40x133
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame
  • Units Total: 2

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 032823110034
  • Tax Annual Amount: 10141.5
  • TaxWithAssessments: 10141.5

Multi Family

  • TenantPays: Cable TV, Electricity, Gas, Telephone
  • Number Of Refrigerators: One Per Unit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,090 $483,500 $66,600 $416,900
2023 $8,090 $421,100 $66,600 $354,500
2022 $7,706 $401,100 $66,600 $334,500
2021 $7,022 $386,200 $66,600 $319,600
2020 $6,988 $364,200 $66,600 $297,600
2018 $6,936 $321,500 $66,600 $254,900
2017 $5,580 $337,300 $66,600 $270,700
2016 $5,112 $0 $0 $0
2015 $5,418 $247,400 $56,600 $190,800
2014 $5,782 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2026 05/27/26 For Sale $599,000 -- $161 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7081214

NorthstarMLS

APN: 03-28-23-11-0034

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