20
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$409,000
Est. payment /mo
2,256 SqFt
Active
1368 7th ST E Saint Paul, MN 55106
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $181
Subdivision Lorena Park 2
MLS Listing ID 6791868
Year Built 1958
Annual Tax Amount $8,414
Tax Year 2025
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 114 x 40
Property Sub-Type Quadruplex
Property Description
This well-maintained 4-plex is just minutes from downtown Saint Paul and only a two-minute walk to the bus stop, offering unbeatable convenience for tenants and strong rental appeal. Recent updates include a freshly painted exterior and a new roof. Each unit features a spacious layout and its own private exterior entrance, enhancing both comfort and privacy for tenants. The property also includes an owner-owned coin-operated laundry machine, providing added income potential. Investors will appreciate the solid cash flow, while savvy owner-occupants have the opportunity to live in one unit and significantly offset - if not fully cover their mortgage with income from the other three units. The property is truly *Rent-ready today*, but also offers the flexibility to add simple updates and unlock even more value.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Finished, Walkout
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Gravel, Open
Roof Type Age 8 Years or Less
Building
Lot Description Public Transit (w/in 6 blks), Irregular Lot
Story Two
Foundation 1128
Sewer City Sewer/Connected
Water City Water - In Street
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District St. Paul
Listed by Ronald Richins • ERA Prospera Real Estate
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