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$345,000
3 Beds ⋅ 2 Baths ⋅ 7015040 MLS
Step inside this beautifully renovated home and discover the perfect blend of modern updates and timeless charm. This property has been thoughtfully updated from top to bottom and is truly move-in ready. The stylish kitchen boasts brand-new cabinetry and open shelving, new countertops, and appliances.. Both bathrooms have been fully remodeled with contemporary finishes, including a convenient walk-in shower in the upstairs bath. The spacious living room offers plenty of room to relax and features charming built-in bookcases that add character and storage. The home’s three-bedroom layout includes a convenient main-level bedroom and two additional bedrooms upstairs, offering flexibility for guests, a home office, or a growing household. The bedrooms also showcase original hardwood floors that have been beautifully refinished. Numerous major improvements provide added comfort and peace of mind, including a new high-efficiency furnace, water heater, central A/C, roof, most windows, gutters, drain tile, and sump pump system. Fresh interior and exterior paint complete the transformation. With its extensive renovations, thoughtful layout, and combination of classic details and modern conveniences, this home is ready for you to move in, unpack, and enjoy.

124 King Street W, Saint Paul

Listing courtesy of Keller Williams Integrity Realty.

$364,900
6 Beds ⋅ 3 Baths ⋅ 7008940 MLS
Check out this beautifully rebuilt duplex, perfectly situated on a prime corner lot. Ideal for an owner/occupy investment! The spacious main unit spans both the first floor and basement, offering 4 bedrooms, 2 bathrooms, and plenty of living space with a living room and lower-level family room. Upstairs, the second unit features 2 bedrooms, 1 bathroom. Both units come with separate, private entrances, ensuring maximum privacy and flexibility. Each unit has on trend lighting and stylish and sleek modern kitchens. The property also boasts a detached 2-car garage and fenced-in yard, ideal for outdoor relaxation or gatherings. Whether you're looking for a comfortable place to call home or an income-generating investment, this versatile property has it all. Located near Johnson Parkway, it’s just a short distance from Lake Phalen and local attractions. With convenient access to bus routes, shops, restaurants, and other essential amenities, this property offers both comfort and accessibility. Don’t miss out on this rare opportunity to own a move-in-ready duplex in a fantastic, central location!

1235 Minnehaha Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

$364,500
4 Beds ⋅ 4 Baths ⋅ 6825199 MLS
St. Paul 4plex. $4,766 in monthly rental income. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is a two bedroom rented for $1,565 per month ( $1,470 subsidized by section 8) and is exempt from rent stabilization. Unit #2 is an efficiency rented for $1,179 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.

23 Acker Street W, Saint Paul

Listing courtesy of Bridge Realty, LLC.

$359,500
5 Beds ⋅ 2 Baths ⋅ 6819684 MLS
Incredible opportunity to own a fully renovated, turn-key duplex in the heart of Saint Paul! Located at 597 Virginia Street in the Frogtown neighborhood, this property has undergone extensive updates, making it an ideal investment for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Nearly every major component of the property has been upgraded, reducing future maintenance costs and offering peace of mind for years to come. Both units feature updated kitchens and bathrooms, with the upper unit's kitchen renovated in 2020 and all bathrooms fully redone in 2023. Sleek granite countertops were added in 2023, enhancing durability and appeal. Major exterior improvements include a new roof, siding, and all soft metal installed in 2022, along with gutter covers to further reduce maintenance. The property also includes a full plumbing upgrade to modern PEX water lines throughout the kitchens and bathrooms, completed in 2023. Additional enhancements include three newer windows in the lower unit, fresh interior paint, and ceiling repairs in the upper unit (2024) and lower unit (2025), and a recently added third bedroom in the lower unit, significantly increasing rental potential. Both leases are currently month-to-month, offering flexibility to adjust rents or occupy a unit as needed. Unit 1 rent increases to $1,650 in January 2026, and Unit 2 rent increases to $1,450 in January 2026, creating stronger projected income for the next owner. Buyer's agent to confirm all measurements. No same-day showings; 36-48 hours' notice required due to tenant occupancy. This is a truly turn-key asset-perfect for an investor seeking a low-maintenance addition to their portfolio or a buyer looking to live in one unit while collecting rent from the other. Rarely does duplex with this level of updating come to market.

597 Virginia Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$400,000
4 Baths ⋅ 6806885 MLS
Outstanding mixed-use investment opportunity located in the heart of the rapidly growing Payne-Phalen corridor. This 4-unit property features one expansive commercial space (that has been rented as separate spaces in the past) and 2 large residential units, offering multiple income streams and strong value-add potential. The main-level commercial space spans approximately 1,510 square feet with an additional 1,500 square feet of finished basement space, perfect for storage or conversion into additional leasable areas. The commercial unit could rent for as much as $3,000 per month, or be subdivided into multiple smaller spaces to maximize returns. Upstairs, the 2 residential units are spacious and feature tall ceilings and flexible layouts, providing ideal conditions for interior upgrades that could command higher market rents. With thoughtful improvements, this property has the potential to generate excellent cash flow and appreciation in a district primed for growth. The Payne Avenue corridor is undergoing one of Saint Paul’s most significant redevelopment pushes, anchored by the Hamm’s Brewery revitalization project and the Latino Economic Development Center’s multi-million-dollar renovation, which will introduce a new event center, commercial kitchen, restaurants, and retail destinations to the area. These transformative projects are driving new investment, foot traffic, and business activity along Payne Avenue, making this the perfect time to acquire a property in this emerging commercial hub. Positioned to benefit from the East Side’s resurgence, 985 Payne Ave offers investors and owner-operators alike the opportunity to participate in the neighborhood’s exciting next chapter while building long-term equity through strategic upgrades and rental optimization. Buyer agents to verify all measurements.

985 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$320,000
4 Baths ⋅ 6806866 MLS
Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective. Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation. Located in one of Saint Paul’s most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm’s Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center’s multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue. Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$350,000
2 Beds ⋅ 3 Baths ⋅ 6808082 MLS
This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1,200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1,300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1,300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3,450 and an annual gross of $41,400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20,000 to 30,000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.

1051 Hudson Road, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$374,000
4 Beds ⋅ 4 Baths ⋅ 6813006 MLS
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. One unit was just updated. 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!

893 Jenks Avenue, Saint Paul

Listing courtesy of Home Avenue Flat Fee Realty.

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