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$425,000
6 Beds 4 Baths 6823925 MLS
4-plex on St. Paul's West Side. Potential owner-occupant opportunity with one unit becoming vacant at the end of June. Located in a tucked-away residential block with easy access to downtown, West Side Flats, and District del Sol. Near parks, restaurants, and transit. Two 2BR/1BA and two 1BR/1BA units, 2,950 SF total. All four tenants on signed leases (mid-2026 through mid-2027) with rents raised during the most recent lease-up cycle. Current rents still sit below market ceiling, leaving room on renewals. Tenants pay gas and electric; landlord covers water/sewer and trash. Enrolled in St. Paul's 4d Affordable Housing Incentive Program, featuring up to 80% reduction in property tax class rates. The covenant transfers with the property, with estimated annual savings of $4,600+ over standard rates. Two units turned over in mid-2025 and were re-leased at meaningfully higher rents. The recent turnover cycle is complete; all four units are performing well with no deferred maintenance carried over. Priced under $500k with a low tax basis, strong occupancy, and cash flow in place. This is a rare combination to find in St. Paul's current market.

485 Belvidere Street E, Saint Paul

Listing courtesy of MRG Realty Partners, LLC.

$465,000
7 Beds 3 Baths 7041832 MLS
There are duplexes, and then there are properties you remember. This one has a 33x33-foot reason you won’t forget it. Hidden away on the third floor of Unit 1636, accessed through an entrance that feels suspiciously like a secret closet door, is an enormous vaulted loft unlike almost anything you’ll find in a traditional 1908 home. The soaring ceilings and wide-open footprint create more than 1,000 square feet of space with possibilities ranging from creative studio to entertainment space, home office, recreation area, or simply one spectacular bonus room. The rest of Unit 1636 carries plenty of character of its own, with original hardwood floors, beautiful period trim and moldings, a main-floor half bath, and current rent of $2,180 per month. Next door, Unit 1638 generates another $1,700 per month. The property also features a premium Owens Corning 25-year roof installed in 2019, a newer detached 2-car garage, parking for two additional vehicles, and generous open-rafter storage. Recently price improved, this is a rare combination of cash flow, historic character, and a floor plan with a genuine wildcard upstairs.

1636-1638 Minnehaha Avenue W, Saint Paul

Listing courtesy of RE/MAX Results.

$450,000
2 Beds 2 Baths 7035382 MLS
Experience the ultimate in one-level living in this stunning riverfront retreat. Perfectly poised within the exclusive Upper Landing community, this condo offers a rare blend of tranquil river views and vibrant urban convenience. Step through your private entry into an expansive floor plan where soaring floor-to-ceiling windows flood every corner with natural light, creating a bright and airy sanctuary. The thoughtfully designed layout features two spacious bedrooms, including a dedicated primary suite, all on a single level for effortless accessibility. Outside, your private patio serves as the perfect spot to enjoy the scenery. For those with an active lifestyle, the renowned riverfront path is just steps away, offering miles of biking, jogging, and walking. This condo also includes the luxury of two heated parking spots equipped with EV charging capability, all while maintaining impressively low association fees. Enjoy the best of both worlds: a peaceful riverfront setting that remains remarkably close and within walking distance to the area’s finest shops, coffee houses, bars, and restaurants. This opportunity does not come about often. Here today, gone tomorrow!

256 Spring Street Unit 120, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$485,000
2 Beds 2 Baths 7020891 MLS
Where Historic Character Meets Modern Luxury - Welcome to unit #307 in The Great Northern Historic Riverside Lofts. This exceptionally updated 2 bed, 2 bath condo blends iconic architectural details with thoughtful contemporary design, all set in one of St. Paul’s most coveted historic buildings. Step inside to an open floor plan wrapped in beautiful wood floors, expansive windows, and breathtaking barrel-vaulted ceilings with exposed brick, creating an unmistakable loft experience with warmth and soul. At the heart of the home sits the completely remodeled, show-stopping kitchen. A true centerpiece featuring stainless steel appliances, a large center island, sleek fixtures and finishes, abundant storage, and a seamless connection to the dining area. Extended warranties on the brand-new kitchen appliances are transferable to the new owner, offering added peace of mind. The coffee/wine bar, complete with a wine fridge, adds even more style and functionality, creating a space designed for both everyday ease and unforgettable entertaining. The versatile owner’s suite, currently used as a second living area, offers generous space for rest or additional living, complete with an ensuite bathroom. The second bedroom features a walk-in closet and works beautifully as a guest room, creative space, or home office. An in-unit laundry room with added storage further enhances comfort and convenience. The historic building elevates daily living even further with amenities that include a well-equipped 24/7 fitness center, a beautifully appointed community room with a full kitchen for effortless hosting, and a private courtyard. A locked storage locker for each unit, dedicated bike storage, two secure garage parking spaces, and guest parking add even more ease. Owners enjoy the peace of mind of a professionally managed association with a healthy reserve fund that supports ongoing maintenance and major capital improvements, along with building security, and meticulously maintained common spaces, allowing for truly carefree living while helping preserve the building's historic character and long-term value. Residents also enjoy a uniquely connected atmosphere with monthly cocktail hours, a book club, and a welcoming community spirit that truly sets this building apart. All set in an unbeatable location just steps from the St. Paul Farmers Market, CHS Field, the Mississippi River, and the countless shops, restaurants, and cultural experiences that define downtown living. Just 15 minutes from MSP airport and nearby Union Depot makes traveling near and far a breeze! Here, historic charm meets modern convenience, creating an elevated urban lifestyle defined by timeless architecture, a welcoming community, and the assurance of a meticulously maintained building with a financially sound association.

300 Wall Street Unit 307, Saint Paul

Listing courtesy of Edina Realty, Inc..

$435,000
7025826 MLS
Five-unit investment opportunity in a quiet, established neighborhood in Saint Paul. This property features all spacious two-bedroom units with functional layouts and both front and back access, creating strong and consistent tenant appeal. The building offers immediate cash flow with a solid rental history, while presenting significant value-add potential through future updates and continued rent growth. With strong bones and a solid foundation, this is a dependable long-term asset for investors seeking both stability and upside. This is a valuable asset positioned for growth in what is becoming a highly sought-after neighborhood, offering a rare opportunity to secure a cash-flowing property with long-term appreciation potential.

644 Sherwood Avenue, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$410,000
6 Beds 2 Baths 7024621 MLS
Here is a rare opportunity find...a duplex with two three bedroom apartments ready for new tenants. Newly updated and rare six bedroom duplex in the vibrant West 7th Neighborhood, just steps away from breweries, cafes, restaurants, the Xcel Energy Center, etc. Less than 4 minutes to Downtown Saint Paul and shopping and entertainment district. 5 minutes to scenic trails and bluffs overlooking the river. In the heart of the city but tucked away in a quiet corner, this gem offers brand new appliances, bathrooms, fixtures, etc. with tasteful finishes throughout the home. Great yard space, paved driveway, storage shed, and decks for each level accompany this beautiful property. A great value in St. Paul!

275 Western Avenue S, Saint Paul

Listing courtesy of RE/MAX RESULTS.

$495,000
2 Beds 2 Baths 7013593 MLS
Welcome to 576 Lexington Pkwy S - This massive lot size provides a rare opportunity for a future lot split, while the existing structure comes with exciting redesign options, could be combined into the perfect multi-generational retreat, or use the option to live in one and rent out the other to offset your mortgage. Skip the limitations of standard construction and build the custom home of your dreams on over an acre in Highland Park! With Fountain Park as your front yard and Trader Joe's blocks away, this rare, mature lot offers a private sanctuary with unmatched development and income potential. We’ve even brought in a premier local builder with plans ranging from basic remodels to a full renovation + addition, giving you a way to choose your own style in a fully custom home for less than an ordinary new build. Don't settle for cookie-cutter; claim this ultimate blank canvas and secure your investment today!

576 Lexington Parkway S, Saint Paul

Listing courtesy of VIBE Realty.

$495,000
4 Beds 3 Baths 6825338 MLS
The architect who designed this Summit Hill historic district home liked it so much that he chose to live here. It has been renovated and added on to in a way that retains its original 1908 architectural integrity. This 1 of a kind home features 100% of the large carved open eaves on the original building as well as the 400+ separate glass panes in the 3 front rooms and a unique fireplace. What is new is a 700 sq. ft. addition, new roofs on the house and on the garage, new high efficiency boiler serving 11 new and refurbished, sculpted cast iron radiators. There is all new paint, inside and out and beautiful newly refreshed original and new wood floors on the main level. The full house now has 4 bedrooms, 3 baths and an absolutely original sun room with 3 glass covered sides. Other new features are 2 hi-capacity heat pump split air conditioners which also act as a heat source in winter. Another recent (2022) improvement is an updated kitchen. The home sits on a 60’ 1 and ½ lot which has 2 beautiful mature maples, a huge raspberry patch, a 6’ wooden privacy fence as well as an oversized 2 car garage with 32 s.f. of matching storage sheds attached to it.

1048 Linwood Avenue, Saint Paul

Listing courtesy of BuySelf, Inc.

$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.

$449,900
4 Beds 4 Baths 6815182 MLS
Discover this well-maintained fourplex featuring four one-bedroom, one-bath units, perfectly positioned in a highly walkable St. Paul neighborhood close to restaurants, coffee shops, and convenient transit options. With two units on the main level and two on the upper level, this property offers a balanced layout and strong rental potential. All units are currently vacant and freshly updated, making this an ideal opportunity for an investor or owner-occupant to select tenants and set new market rents immediately. The building has been thoughtfully maintained, featuring newer windows, an on-demand boiler heating system, and a roof approximately 11 years old—providing peace of mind for years to come. An unfinished basement offers abundant storage space or future value-add potential. Outside, a large parking lot accommodates 4–8 vehicles, a rare advantage for a property in this location. Enjoy easy access to major highways and walking distance to Concordia University, St. Paul, local parks, and neighborhood amenities—making this a top choice for renters seeking convenience and comfort. This fourplex checks all the boxes: updates, location, and income potential. A must-see opportunity for any savvy investor!

1153 Central Avenue W, Saint Paul

Listing courtesy of RE/MAX Results.

$449,900
2 Beds 2 Baths 6708777 MLS
Step into a rare blend of historic grandeur and modern luxury in this 2-bedroom, 2-bath loft at the iconic Great Northern Lofts, formerly the James J. Hill office building and now a registered historic landmark. At just over 2,100 sq ft, this unit features soaring barrel-vaulted ceilings, gorgeous hardwood floors, an electric fireplace, zoned heating controlled with a smart thermostat, and custom smart lighting throughout. A unique unit in the building with views of both the private courtyard AND the city. Both bedrooms have remote-controlled blackout shades, and each bathroom includes a high-end bidet— an unexpected upgrade that elevates daily living. A large original in-wall safe has been beautifully restored and hand-painted by a professional pinstriper. Located in the heart of downtown Saint Paul, you're just steps from the Mississippi River, CHS Field, the Farmer’s Market, and Mears Park. Building amenities include a 24/7 gym, bike storage, a community room with full kitchen, and a private courtyard. Two garage parking spaces included, along with a rare EV charging station and guest parking. This is a one-of-a-kind opportunity to own a legacy home that combines rich history with modern convenience. Well maintained unit - HVAC preventative maintenance completed March 2026.

300 Wall Street Unit 201, Saint Paul

Listing courtesy of eXp Realty.

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