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Browse All Saint Paul MN Between $400K - $500K Properties for Sale

$420,000
6 Beds 3 Baths 7115880 MLS
TWO BUILDINGS included: 738 Magnolia, a traditional duplex, AND 1073 Walsh, a "single family home". All three units currently rented, with tenants paying utilities. It's an exceptional investment or down-the-road owner-occupant opportunity with a rare configuration: a fully renovated duplex and a separate, updated single-family home sharing the same PID. In 2015, both buildings underwent a full rehab and have been professionally maintained and rented since. Updates include newer roofs, 2 furnaces and a boiler, serving all three units, ensuring reliability and reduced operating costs for years to come. For much of its rental history, the property served a healthcare facility providing transitional housing, where tenants treated the homes with exceptional care. The landlord has cultivated cooperative tenant relationships, resulting in well-preserved interiors, respectful tenants, and a reputation for quality upkeep. Fully rented now, and with tenants paying utilities, what sets this property apart is its built-in versatility and turnkey readiness. The combination of a duplex and single-family residence on one parcel creates diversified income streams, enhanced privacy for residents, and potential for various living arrangements—such as multi-generational housing or house-hacking. Whether you’re an investor looking for a proven, low-maintenance cash-flow asset with strong rental demand or a buyer wanting income to offset a mortgage, 738 Magnolia/1073 Walsh stands out as a thoughtfully updated, resilient property with a track record of success.

738 Magnolia Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

$424,000
3 Beds 2 Baths 7111334 MLS
Meticulously renovated and impeccably maintained, this turn-of-the-century Merriam Park 2-story beautifully balances timeless architectural character with thoughtful modern updates. Rich in original detail, the home showcases gleaming hardwood floors, leaded glass windows, a graceful open staircase, and generously proportioned rooms. The main level features an inviting family room, a convenient powder room, and an expansive formal dining room with a beautiful bay window. The spacious eat-in kitchen offers granite countertops, new stainless steel appliances, a walk-in pantry, and abundant workspace. Upstairs, you'll find three bedrooms, a full bath, and the convenience of upper-level laundry. A clean, dry basement provides excellent storage and future potential. Outside, the landscaped yard is complemented by a new privacy fence, a charming back porch, and a patio that creates an ideal setting for relaxing or entertaining. Significant improvements—including newer furnace and central air conditioning, new siding, and numerous quality updates throughout—make this home truly move-in ready. A two-car garage with an additional parking pad completes this exceptional property. Ideally located in one of St. Paul's most sought-after neighborhoods, you'll enjoy the charm of Merriam Park with its tree-lined streets, historic homes, neighborhood parks, local cafes and restaurants, easy access to both downtowns, and nearby universities. This is a rare opportunity to own a beautifully restored classic where historic elegance and modern comfort come together seamlessly. **New furnace, AC and water heater in December 2025/January 2026. Roof was replaced in 2022, and the siding in 2021**

1782 Marshall Avenue, Saint Paul

Listing courtesy of Compass.

$470,000
3 Beds 3 Baths 7103839 MLS
Charming and beautifully updated two story home in great location near Hamline University, fun shops and dining. Classic details include maple flooring in the kitchen and upper level, along with a stunning built-in hutch that adds warmth and historic charm to the spacious dining room. The updated kitchen features stainless appliances, refreshed countertops, and access to a beautiful powder room. Upstairs, the wonderfully renovated full bath features a Gucci shower and a large jetted tub. Updates to the home include: fenced yard 2007, new kitchen windows 2010, main floor powder room added 2012, new roof with 50 year shingles 2017, chimney and foundation tuckpointed 2017, new gutters and downspouts with leaf filters 2019, and new family room carpeting 2026. Additional improvements include: glass block windows in lower level, upgraded sashes on 8 windows, house and garage painted, and patio (made from reclaimed University Avenue cobblestones) with Pagoda – like shelter. And the 4 car garage is awesome! Sided in Hardy Plank, the 1100 square foot garage is insulated and heated with its own 100 amp service. There is also a 240 volt circuit to supply a future charging station for an electric vehicle if desired. Also the large unfinished attic space could be finished for a craft area or a cool hangout room. Like to garden? The sunny yard offers endless possibilities! Come see the truly wonderful home today!

1601 Hubbard Avenue, Saint Paul

Listing courtesy of RE/MAX Results.

$489,900
3 Beds 3 Baths 7109672 MLS
**Ask about our lender paid 1-0 interest rate buy down offered through seller's preferred lender for qualified buyers.** Welcome to one of Como Park's most desirable locations, perfectly situated on the 14th hole of Como Golf Course with beautiful, unobstructed views and just a short walk to Como Lake, the Pavilion, Conservatory, Zoo, trails, and all the amenities Como Park has to offer. This beautifully renovated 1½-story home blends classic charm with thoughtful updates and is truly move-in ready. The spacious upper-level primary suite serves as a private retreat featuring a walk-in closet, updated ¾ bath, and a tucked-away flex space that's perfect for a home office, reading nook, or nursery. Wake up each morning to peaceful golf course views from your bedroom window. The main level offers a bright and inviting living room with a fireplace, a formal dining room, two additional bedrooms, a beautifully updated full bath, and a completely new kitchen featuring stainless steel appliances. The highlight of the home is the enclosed rear sun porch, where you'll enjoy year-round panoramic views of the backyard, patio, and golf course. The finished lower level provides additional living space with a recreation room, convenient half bath, laundry area, and access to the attached tuck-under garage. Recent improvements include: new kitchen, updated bathrooms, new flooring throughout, electrical upgrades, extensive landscaping and yard improvements, along with numerous additional cosmetic and mechanical updates that make this home truly turnkey. If you've been searching for a move-in-ready home in an exceptional Como Park location with incredible views and timeless character, this is one you won't want to miss.

1100 Montana Avenue W, Saint Paul

Listing courtesy of HOMESTEAD ROAD.

$479,900
4 Beds 2 Baths 7110325 MLS
Well-maintained up/down duplex in a prime location offering flexibility for both owner-occupants and investors. One unit is currently vacant, while the other is leased at $1,650/month with a new lease in place. Parking permits are available for residents to help ensure convenient parking. May 28, 2026 all NEW gas lines where installed! A newly extensive update to old gas lines being replaced! Other extensive updates completed throughout ownership include: dual boilers and kitchen countertops (2018); updated water lines and appliance upgrades (2020); newer water heater, washer, dryer, and dishwasher (2021); newer roof (2022); new chimney liner and cap, freshly stained lower porch, exterior trim painting, and newly painted upper-level interiors (2025); and new upper bath paint/light fixture plus fresh paint in the lower-level rear common area (2026). The rear bump-out was also fully renovated with structural repairs, new siding, flooring, moisture barrier, and sealed rubber roofing for long-term durability. In addition, the waste line from the home to the street was replaced prior to current ownership, adding additional peace of mind. Great opportunity to owner-occupy while generating income, or add a well-maintained investment property to your portfolio. Additional updates, main unit has new bath vanity and toilet & dishwasher. Upper unit will have updated kitchen with new sink base and cabinet, new quartz countertops, and more! Shown in photos!

2017 Laurel Avenue, Saint Paul

Listing courtesy of Engel & Volkers Minneapolis.

$435,000
3 Beds 2 Baths 7098435 MLS
Welcome home to this Mac-Groveland charming Bungalow, with modern comfort in all the right places! Located in the heart of Mac-Groveland, this adorable 1.5-story home features 3 bedrooms, 2 baths, and 1,673 square feet of warm and welcoming space. This home is as every bit as charming as it is well maintained and cared for…offering a cozy, lived-in charm, with classic design, and modern conveniences. Step inside to a causal living room with brick fireplace and informal dining area, that invite both gatherings and lazy Sunday mornings. Marvin windows brighten each space and keep things energy-efficient year-round. The kitchen is a quiet showstopper, featuring cabinetry that squeezes value from every inch, appliances, and gleaming hardwood floors that carry right through the home. Original woodwork add warmth and appeal to space, while updates are throughout the space. Downstairs, the finished lower level adds comfortable family room, welcomed flex-space, updated bathroom, and laundry room with waterproofing, drain tile, and a sump pump for true peace of mind. The list of recent improvements runs deep: brand new garage with electrical service, roof, furnace, air conditioning, water heater, insulation, gutters, windows and a radon mitigation system. Translation? Move in and relax. Outside, the backyard deck sets the stage for summer barbecues and starlit evenings, and a spacious new two-car garage handles cars, tools, and hobbies with ease. The neighborhood seals the deal. Stroll to the Mississippi River, Grand Avenue's cafés and boutiques, or grab essentials at nearby Highland Park’s Lunds & Byerlys. Quality construction, thoughtful updates, and an unbeatable location—this one checks every box. Book-A-Showing today and seal the deal, making this charming Bungalow your forever home!

2081 Jefferson Avenue, Saint Paul

Listing courtesy of MetroHomesMarket.com.

$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.

$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.

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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.

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