891 Iglehart Avenue, Saint Paul, MN 55104
- $445,000
- 7
- BD
- 4
- BA
- 4,485
- SqFt
- List Price
- $445,000
- Price Change
- ▼ $25,250 1782534883
- MLS#
- 7074751
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Triplex
- Bedrooms
- 7
- Bathrooms
- 4
- Living Area
- 4,485
- Acres
- 0.11
- Subdivision
- Fairbanks Add To The, City
- Neighborhood
- 101
- Year Built
- 1889
Property Description
Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities. Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
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Additional Information
- School District
- St. Paul
- Amenities Shared
- Laundry, Coin-op Laundry Owned
- Tax Year
- 2026
- Fencing
- Partial
- Fuel
- Electric, Natural Gas
- Lot Description
- Public Transit (w/in 6 blks)
- Sewer
- City Sewer/Connected
- Roof
- Age Over 8 Years, Asphalt, Pitched
- Topography
- Level
- Heating
- Boiler
- Water
- City Water/Connected
- Basement
- Block, Finished, Full, Owner Access, Partially Finished, Shared Access, Storage Space, Unfinished
- Parking
- Detached Garage, Gravel, Unassigned
- Garage Spaces
- 2
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Listing courtesy of Gold Group Realty, LLC.
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