$184,900

503 Forest St Saint Paul, MN 55106

Dayton's Bluff Neighborhood
Total Views 12,721
4 Beds
2 Baths
1,546 Sq Ft
$120 Price per Sq Ft

Highlights

  • Front Porch
  • Baseboard Heating
  • Partially Fenced Property
  • Forced Air Heating System

About This Home

Available immediately - turnkey Duplex Investment with Solid Rental History! Fantastic opportunity to add a well-performing duplex to your portfolio! This up-and-down duplex features a 3-bedroom, 1-bath main-level unit with in-unit laundry, plus a 1-bedroom, 1-bath upper unit—both currently rented through spring and professionally managed for peace of mind. Tenants enjoy a spacious partially fenced backyard, ample off-street parking on a long driveway, and a charming wraparound porch that enhances curb appeal. With projected 2025 financials already in place, this property offers dependable income potential with room to increase value through light updates. Sold as-is, this is a solid investment opportunity for those seeking steady cash flow and upside potential. Tish inspection can be found in the supplements. Financial information based on 2025 projections. Both water and trash are included in the rent.

Listing Agent

Tina Lockner

RE/MAX Results Listed on: 10/31/2025

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 41x119
  • Partially Fenced Property
  • Chain Link Fence

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • A Gotzians Sub B84 Lyman&Dayto Subdivision

Listing and Financial Details

  • The owner pays for exterior maintenance, insurance, repairs, management, sewer, taxes, trash collection, water
  • Assessor Parcel Number 332922230105

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1884
  • Above Grade Finished Sq Ft: 1546
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1546
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Management, Sewer, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Amenities: Washer/Dryer Hookup
  • Appliances: Dishwasher, Range, Refrigerator
  • Appliances: Dishwasher, Range, Refrigerator

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • PoolFeatures: None
  • Fencing: Chain Link, Partial
  • Neighborhood: 90
  • PatioPorchType: Front Porch, Side Porch

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer - In Street
  • LaundryFeatures: In Unit
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Schools

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

Lot Info

  • Lot Size: 41x119
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Concrete
  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 332922230105
  • Tax Annual Amount: 5265
  • TaxWithAssessments: 5265

Multi Family

  • TenantPays: Cable TV, Electricity, Gas, Heat, Telephone, Trash Collection
  • Resident Manager Expense: 2400
  • Number Of Refrigerators: One Per Unit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 $5,056 $276,800 $24,500 $252,300
2023 $5,056 $247,400 $12,700 $234,700
2022 $4,376 $231,500 $12,700 $218,800
2021 $4,048 $207,800 $12,700 $195,100
2020 $2,580 $198,200 $12,700 $185,500
2019 $2,220 $118,900 $12,700 $106,200
2018 $1,532 $93,400 $12,700 $80,700
2017 $1,186 $62,100 $12,700 $49,400
2016 $1,074 $0 $0 $0
2015 $1,174 $47,700 $10,800 $36,900
2014 $932 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 Price Changed $184,900 -7.5% $120 / Sq Ft
10/31/2025 10/31/25 For Sale $199,900 -- $129 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $190,000 Land Title Inc
Warranty Deed $92,000 Home Title Inc
Interfamily Deed Transfer -- Home Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,608 Commercial
Source: Public Records

Source: NorthstarMLS

MLS Number: 6811704

NorthstarMLS

APN: 33-29-22-23-0105

Minnesota Ramsey County Saint Paul 55106 Dayton's Bluff

503 Forest St, Saint Paul, MN

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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Tina Lockner
Listing Agent
Tina Lockner
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RE/MAX Results
(612) 887-3107
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