$409,000

Estimated payment $2,837/month

Total Views 3,884
2 Beds
4 Baths
2,256 Sq Ft
$181 Price per Sq Ft

About This Home

This well-maintained 4-plex is just minutes from downtown Saint Paul and only a two-minute walk to the bus stop, offering unbeatable convenience for tenants and strong rental appeal. Recent updates include a freshly painted exterior and a new roof. Each unit features a spacious layout and its own private exterior entrance, enhancing both comfort and privacy for tenants. The property also includes an owner-owned coin-operated laundry machine, providing added income potential. Investors will appreciate the solid cash flow, while savvy owner-occupants have the opportunity to live in one unit and significantly offset - if not fully cover their mortgage with income from the other three units. The property is truly *Rent-ready today*, but also offers the flexibility to add simple updates and unlock even more value.

Listing Agent

Ronald Richins

ERA Prospera Real Estate Listed on: 09/24/2025

Co-Listing Agent

Keith Taylor

ERA Prospera Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,414

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 114 x 40
  • Irregular Lot

Parking

  • Open Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Utilities

  • Boiler Heating System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 272922330021

Community Details

Overview

  • 4 Units
  • Lorena Park 2 Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,414

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1128
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Walkout
  • Living Area: 2256
  • Below Grade Finished Sq Ft: 1128
  • Owner Pays: Trash Collection
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Greater East Side

Garage/Parking

  • Parking Features: Gravel, Open
  • Other Parking Spaces: 0

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Electric: Fuses
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

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

Lot Info

  • Lot Size: 114 x 40
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 8900.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 272922330021
  • Tax Annual Amount: 8414
  • TaxWithAssessments: 8414.0000

Multi Family

  • TenantPays: Electricity, Gas
  • ElectricExpense: 400
  • FuelExpense: 1000
  • Number Of Refrigerators: Four

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $409,000 -3.7% $181 / Sq Ft
09/26/2025 09/26/25 For Sale $424,900 -- $188 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6791868

NorthstarMLS