$410,000

Estimated payment $2,881/month

Total Views 8,324
5 Beds
4 Baths
2,002 Sq Ft
$205 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • 4-minute walk to Hamline Park
  • Parking Storage or Cabinetry

About This Home

Excellent owner occupant or investor opportunity to own a fully updated triplex with one fully furnished Airbnb in a great location near Allianz Field. The main floor + lower level apartment is 3 bedrooms, 2 baths, and features hardwood floors, new stainless steel appliances, quartz countertops, washer/dryer, dishwasher, fully updated bathroom with tile surround shower and an attached garage. The top floor of the home features two fully furnished 1 bedroom Airbnb's with separate exterior access. Roof was replaced in 2023.

Total gross annual revenue ~$61,200 with avg gross monthly income per unit as follows:
Apt 1: $1,925/month leased through 7/30.
Apt 2: $1,090/month leased through June '26.
Apt 3 Airbnbs: $2,083/month avg gross revenue (additional monthly expenses for STR include cleaning $300/mo & mgmt fees $400/mo).

1541 Charles is a fantastic opportunity to add a cash flowing property to your portfolio or the perfect starter home to begin your investment journey.

Listing Agent

Matt Boys

Fox Realty Listed on: 05/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 50x76

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Triplex
  • Shake Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 3 Units
  • Hamline Syndicate Add, No3 Subdivision

Listing and Financial Details

  • The owner pays for all utilities, insurance
  • Assessor Parcel Number 342923230142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,628

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1909
  • Above Grade Finished Sq Ft: 1340
  • Water Sewer Expenses: 1500
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Single Tenant Access, Storage Space, Tile Shower
  • Living Area: 2002
  • Below Grade Finished Sq Ft: 662
  • Owner Pays: All Utilities, Insurance
  • Basement YN: Yes
  • Amenities: Cable,Countertops-Solid Surface,Main Floor Primary Bedroom
  • Appliances: Dryer,Gas Water Heater,Range,Stainless Steel Appliances
  • FamilyRoomRoomFeatures: Family Room
  • Total Rooms: 6
  • Amenities: Cable,Countertops-Granite,Countertops-Solid Surface
  • Appliances: Range,Stainless Steel Appliances
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Hamline-Midway

Garage/Parking

  • Parking Features: Attached Garage, Electric, Storage
  • Garage Square Feet: 264
  • Garage Door Height: 7
  • Other Parking Spaces: 1
  • Other Parking Spaces: 0

Utilities

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

Schools

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

Lot Info

  • Lot Size: 50x76
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 2500.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 342923230142
  • Tax Annual Amount: 7628
  • TaxWithAssessments: 7628.0000

Multi Family

  • TenantPays: Cable TV
  • ElectricExpense: 600
  • FuelExpense: 1500
  • Resident Manager Expense: 11000
  • Number Of Refrigerators: Three

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 $7,628 $336,600 $19,200 $317,400
2023 $7,628 $307,000 $19,200 $287,800
2022 $6,718 $273,500 $19,200 $254,300
2021 $6,774 $235,800 $19,200 $216,600
2020 $5,654 $227,300 $19,200 $208,100
2019 $4,300 $202,300 $19,200 $183,100
2018 $4,086 $189,400 $19,200 $170,200
2017 $3,890 $184,500 $19,200 $165,300
2016 $4,154 $0 $0 $0
2015 $3,868 $168,800 $19,200 $149,600
2014 $3,908 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $410,000 -2.4% $205 / Sq Ft
05/09/2025 05/09/25 For Sale $420,000 -- $210 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $206,061 Edgewater Title Group Llc
Warranty Deed $189,000 --
Warranty Deed $73,500 --
Deed $73,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed -- No Value Available
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6718053

NorthstarMLS

APN: 34-29-23-23-0142