
893 Jenks Ave Saint Paul, MN 55106
Payne-Phalen NeighborhoodEstimated payment $2,704/month
About This Home
Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow.
Each unit includes:
Private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel,
Individual 40-gallon water heater.
Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity.
Additional Amenities:
Off-street parking behind the building,
Lockable basement storage units for each tenant,
Coin-operated washer and dryer in the basement for added income.
Close to shopping, bike trails, and public transit.
This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,932
Year Built
- Built in 1889
Home Design
- Quadruplex
Interior Spaces
- 4,326 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
Community Details
- 4 Units
- Howards Add To St Paul Subdivision
Listing and Financial Details
- Assessor Parcel Number 282922230064
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/06/2025 08/06/25 | Price Changed | $384,900 | -3.8% | $89 / Sq Ft |
06/26/2025 06/26/25 | For Sale | $399,900 | -- | $92 / Sq Ft |
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