For Sale: Saint Paul MLS# 7035891
Active
NEW!
$625,000
Multi-family: Duplex Side by Side
8 br • 5 ba • Built 1916
3,378 sqft • 0.132 acres
MLS# 7035891
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Property Description
Nestled on one of the most charming, tree-lined streets in the heart of St. Paul's sought-after Macalester-Groveland neighborhood, this substantial duplex is a turnkey investor's dream. Just steps from Macalester College, this property checks every box — strong rents, virtually zero vacancy, and a location that practically markets itself. The duplex offers a combined 8 bedrooms and 5 bathrooms across two spacious units, providing flexible configurations ideal for student housing, young professionals, or a mix of both. Each unit features generous living spaces, ample natural light, and a functional layout that tenants love. The quiet, residential street strikes the perfect balance — peaceful enough to feel like home, yet walkable to campus, Grand Avenue's restaurants and shops, and easy freeway access. The numbers speak for themselves: this property has a proven track record of renting within days of listing and maintaining near-100% occupancy year after year. With Macalester's consistent enrollment and the perpetual demand for quality housing in this corridor, you're not just buying a property — you're buying a reliable income stream in one of St. Paul's most stable rental markets. Whether you're an experienced investor looking to expand your portfolio or a savvy first-time buyer seeking a high-performing asset, this duplex delivers the cash flow, location, and peace of mind you've been searching for. Opportunities like this don't last — and in this neighborhood, everyone already knows it.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$625,000
Price per sq ft:
$185
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1916
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55105
Neighborhood/Area:
95
Subdivision Name:
Macalester Villas
Interior
Bedrooms:
8
Bathrooms:
5
Finished Area:
3,378 ft2
Living Area:
3,378 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
360 ft2
Foundation Size:
1,504 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Detached Garage
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Block
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
Common Area
Lot & Land
Acres:
0.132
Geolocation:
44.933672, -93.16923
Lot Dimensions:
48 x 120
Zoning:
Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$2,382
Annual Insurance Expense:
$2,185
Annual Maintenance Expense:
None
Annual Trash Expense:
$716
Annual Water/Sewer Expense:
$1,118
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$10,970
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,970
Income
Annual Gross Income:
$67,200
Misc. Annual Income:
$1,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
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!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.