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$429,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1905
3,322 sqft • 0.14 acres
St. Paul schools
MLS# 6819414
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    Property Description

    Fully renovated, cash-flowing duplex generating over $60, 000 annually with serious upside potential. Situated on a huge lot with room to add a detached garage to increase rents, this property works for investors or owner-occupy buyers. Key highlights include a 10%+ CAP rate (well above area average), new roof in 2024, and major 2012 renovations including windows, siding, electrical, plumbing, and full interior remodel. The functional layout features a 4BR lower unit and 5BR upper unit, with updates in 2025 including a modern kitchen, fresh paint, updated baths, and in-unit laundry. Long-term tenant in the lower unit and reliable rental history in the upper unit provide steady cash flow. Low-maintenance with all major systems updated, this duplex is turnkey and offers strong returns and growth potential—don’t miss out on one of the best cash-flowing properties available!

    Listing

    Contingency: None
    Price per sq ft: $129
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55103
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: Humphreys Add To, Saint P

    Interior

    Living Area: 3,322 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,315 ft2
    Handicap Accessible: Doors 36"+, Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Driveway - Other Surface
    • Gravel
    • Other
    Exterior Material: Engineered Wood
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.14
    Geolocation: 44.962128, -93.115737
    Lot Dimensions: 138 x 45
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $10,357
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $300
    Tenant Expenses: Cable TV, Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,054
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $12,054

    Income

    Annual Gross Income: $60,780

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.