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$475,000
4 Beds ⋅ 4 Baths ⋅ 7068786 MLS
A strong investment opportunity in one of Saint Paul’s high-demand rental corridors. This newly renovated 4-unit mixed-use property sits on a rare double lot and offers excellent cash flow potential with additional upside through below-market rents. The property is Section 8 approved and enrolled in the City of Saint Paul’s 4-D Affordable Housing Program, providing valuable property tax reductions and long-term affordability incentives. The asset features a versatile mixed-use zoning configuration that includes both a commercial garage space and a traditional residential garage, creating flexibility for owner-operators, small businesses, contractors, storage income, workshop use, or additional tenant amenities. Investors also have the option to maintain the property as a fully residential income-producing asset. The building has undergone substantial renovations and stabilization, making it a turnkey opportunity for investors seeking immediate cash flow with long-term appreciation potential. Spacious units, strong rental demand, and flexible lease structures provide multiple operational strategies for future ownership. The oversized lot includes a shared backyard with patio space, green space, and garden potential, adding lifestyle appeal for tenants. Located along the vibrant Payne Avenue corridor, the property is walkable to neighborhood staples including Yarusso Bros, Minnesota Music Cafe, local restaurants, retail, parks, and the Bruce Vento Regional Trail. Motivated seller. Excellent opportunity for investors seeking a stabilized multifamily asset with mixed-use flexibility, tax advantages, and future upside in a rapidly improving East Saint Paul market.

661 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Realty Integrity Lakes.

$1,100,000
4 Beds ⋅ 4 Baths ⋅ 7011682 MLS
Remarkable 1920s Tudor overlooking the Mississippi River on one of St. Paul’s most sought-after streets. Step through the arched front entry into a home rich with character and timeless appeal. The main level offers exceptional space for both everyday living and entertaining, featuring a spacious living room with a full masonry fireplace, a sun-drenched southwest-facing sunroom, and a formal dining room with classic corner built-ins. The kitchen includes custom cabinetry, plus a built-in breakfast nook. Off the kitchen there is a ¾ bathroom and a L-shaped rear addition overlooking the private yard –currently an indoor hot tub space – although bring your ideas for additional uses. Upstairs, the second level hosts three bedrooms, a full bath, and access to a rooftop sitting area. The third floor provides a private fourth bedroom, a bathroom with a vintage clawfoot tub, and additional storage. The lower level expands your living space with a generous family room featuring tile floors, recessed lighting, and a cozy wood-burning fireplace. A dedicated laundry area and abundant storage complete the basement. Historic charm shines throughout with hardwood floors on all three levels, crown molding, unpainted natural woodwork, elegant archways, a solid stucco exterior, and the original clay tile roof. Set on an impressive ~75x200 lot, the outdoor space is truly magical—offering scenic river views in the front and serene, private surroundings in the backyard. Step outside to enjoy miles of walking and biking trails just beyond your front door. Additional highlights include an oversized two-car garage and a prime location just minutes from local eateries, University of St. Thomas, St. Catherine University, Highland Park Village, Shadow Falls Park, and easy access to major highways. A rare opportunity to own a piece of history in one of St. Paul’s most iconic settings. Schedule your tour today.

504 Mississippi River Boulevard S, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$379,000
4 Beds ⋅ 2 Baths ⋅ 7064722 MLS
Updated Professional Photos: 5/1/26 Outstanding opportunity in the heart of the Summit Neighborhood, 724 Hague Ave. There is not a better urban oasis in the Twin Cities. Public transit, schools, community centers, coffee shops, bars and restaurants all within a short walk of your front door. The exterior features classic architecture highlighted by a stunning 2 story front deck and rounded out by its iconic red brick. Duplex has new rear gutters with commercial downspouts. Both units have upgrades, including new water heaters, new toilets, and bathroom fan vents ducted to the exterior. Upper unit highlights extensive renovations throughout: a chef-designed kitchen with new stove, new microwave, Bosch 800 series dishwasher, built-in refrigerator, Cambria countertops, overhead vented range hood, and custom built-in/organized cabinetry. Electrical has been fully updated with new wiring and dedicated runs for each outlet. Additional upgrades include new flooring in the kitchen and bathroom, new lighting throughout (kitchen, dining, and bedroom), added dining room outlets, and upgraded Lutron light switches compatible with smart home systems while remaining fully functional as standard switches. Enhanced storage includes additional hallway closet space and bathroom storage. The bathroom has been fully updated with a new tub and shower and vanity. Both units retain their 1920s charm with original woodwork, bright interiors, and abundant natural light. Each unit offers 2 bedrooms and 1 bathroom, with strong rental demand in the area. Currently, both units are owner-occupied and will be vacant upon close.

724 Hague Avenue, Saint Paul

Listing courtesy of Side by Side Realty LLC.

$1,200,000
4 Beds ⋅ 3 Baths ⋅ 6797662 MLS
Welcome home to this top floor condo with elevator on Summit Avenue that offers both luxurious living and a lower level one bedroom apartment for revenue, a caretaker, family member or guest space. You’ll love the incredible views of the Summit Hill neighborhood, bluff river views and the high bridge of St. Paul. Inside you’ll find an open, spacious floor plan that has been updated throughout and features skylights, hardwood flooring, main floor great room, main floor family room, main floor office, gas fireplace and more. Lots of versatility with these extra spaces with pocket doors as the office off the primary suite could serve as a nursery and the family room could serve as an additional bedroom or a place for overnight guests. New kitchen has everything you could dream of - high end appliances, center island, crown molding, marble backsplash, and custom cabinetry. Primary suite features vaulted ceiling, a spa-like bath and a spacious walk-in closet that opens to the laundry room for everyday convenience. Maintenance free deck is perfect for large outdoor gatherings and is partially covered with a custom pergola and has a room attached with add’l refrigerator, storage and elevator. Updates include: many new Andersen windows in 2025, new landscaping, newer boiler, and a total of $600k+ of improvements from this seller. One attached heated garage stall and one detached garage stall, 2 storage rooms, zoned heating in condo, and more. Ready to move in and enjoy!

421 Summit Avenue Unit 3, Saint Paul

Listing courtesy of Coldwell Banker Realty.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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