$850,000
COMING SOON

Estimated payment $5,722/month

8 Beds
4 Baths
4,138 Sq Ft
7,405 Sq Ft Lot

About This Home

Fantastic investment opportunity in the heart of St. Paul’s Merriam Park! This fully occupied fourplex features four identical 2-bedroom units with classic 1914 charm, including original built-ins and hardwood details. Tenants enjoy a shared outdoor common area, lower-level laundry, separate storage units, and a detached 2-car garage. Prime location near Macalester College, University of St. Thomas, Concordia University, and local shops and restaurants. Easy access to I-94, I-35E, and public transit makes it ideal for commuters and students alike. Steady rental history and strong tenant demand make this a turnkey addition to any investment portfolio.

Listing Agent

Sara Anderson

Keller Williams Preferred Rlty Listed on: 10/28/2025

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,163

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 138x54x138x54

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Radiator
  • Boiler Heating System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 042823110086

Community Details

Overview

  • 4 Units
  • Oakland Park Addition, To The C Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,163

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 4138
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Storage Space, Unfinished
  • Living Area: 4138
  • Owner Pays: Trash Collection
  • Basement YN: Yes
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Tar/Gravel
  • Neighborhood: Merriam Park/Lexington-Hamline

Garage/Parking

  • Parking Features: Detached, On-Street Parking Only

Utilities

  • Heating: Boiler, Radiator(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

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

Lot Info

  • Lot Size: 138x54x138x54
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 15811.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 042823110086
  • Tax Annual Amount: 15163
  • TaxWithAssessments: 16292.0000

Multi Family

  • TenantPays: Electricity, Gas
  • ElectricExpense: 2219
  • FuelExpense: 486
  • Resident Manager Expense: 4141
  • 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

Source: NorthstarMLS

MLS Number: 6809766

NorthstarMLS