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

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.

$499,900

6 Beds ⋅ 2 Baths ⋅ 7030002 MLS

987 Dayton Avenue, Saint Paul

Listing courtesy of Northstar Real Estate Associates.

$439,900

5 Beds ⋅ 3 Baths ⋅ 7028842 MLS

Beautiful newly remodeled large 5 bedroom 3 bathroom home ready for move-in! Completely remodeled. Furnace replaced 2023, AC replaced 2023, Main electrical panel to circuit breakers replaced 2025, New Roof 2025, New siding 2025, New windows 2025, New rear deck with Trex decking 2025, New flooring (LVP & Carpet) throughout 2025, New paint & finishing 2025, and remodeled kitchen 2025. Upper level bedrooms (4) have built-in dressers and large closets. Finished basement with large flex room and large bedroom, 2 closets, and private bathroom. Very spacious front and rear 3 season porches. Great neighborhood, close to Phalen Lake, shopping, and bus line. Close to Hwy 94, 35E, and 36.

1302 Reaney Avenue, Saint Paul

Listing courtesy of Real Estate Masters, Ltd..

$420,000

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.

$449,997

7018993 MLS

Freestanding commercial building offered for sale or lease along the Robert Street corridor in Saint Paul. Situated on an approximately 0.09-acre urban infill lot and improved with a former church structure. Lease rate is $43,200 annually ($3,600/month) on a modified gross basis. Flexible reuse potential including church, nonprofit, office, event, or community use, subject to city approvals. Asphalt shingle roof, city utilities, and immediate availability. An adjoining ±0.5-acre parcel may also be purchased separately.

678 Robert Street S, Saint Paul

Listing courtesy of Realty Inc.

$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.

$430,000

6 Beds ⋅ 3 Baths ⋅ 7006291 MLS

Welcome home to 652 Dayton. This duplex offers lots of untapped potential that allows new owner to build in sweat equity. Home features 4 bedrooms and 2 bathrooms upstairs with additional space to finish for a big master bedroom. Downstairs has 2 br, 1 bath with recently updated bathroom. Home has updated siding, roofing, boilers and water heaters. The natural woodwork through out is all original and high ceilings. Off street parking with a 2 car garage. Great area and walking distance to restaurants, schools, parks and transportation. Please stop out for a tour and imagine the possibilities.

652 Dayton Avenue, Saint Paul

Listing courtesy of Coldwell Banker 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

6819771 MLS

Stand-alone building preciously occupied for auto repair. The original building has 2 drive-in doors with an underground pit, and the newer warehouse with has a single 12-ft tall garage door (16-foot clear height).

923 Randolph Avenue, Saint Paul

Listing courtesy of Greatland Real Estate Services LLC.

$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.

$400,000

6815623 MLS

Opportunity and value in a highly visible Saint Paul Midway location. This 0.36-acre asphalt-paved parking lot is zoned IT – Transitional Industrial District and offers exceptional positioning along University Avenue. The site features dual access points from University Avenue and Transfer Road, with convenient connectivity just minutes from both downtown Minneapolis and downtown Saint Paul, plus immediate access to Highway 280 and I-94. Located within an Opportunity Zone and adjacent to a newly constructed self-storage facility, the property is just two blocks from the Fairview & Raymond Green Line Station and directly served by Metro Transit bus routes 63, 67, and 87. Surrounding area amenities include Allianz Field, University of Minnesota, Surly Brewing Co., Target Corporation, Menards, Goodwill Industries, and major healthcare providers including Fairview. Setback requirements are 0' for building heights up to 35 feet, 15' for heights between 35–50 feet, and 30' for taller structures. Traffic counts average approximately 17,800 vehicles per day on University Avenue and 5,700 vehicles per day on Transfer Road.

2119 University Avenue W, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$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.

$429,900

6 Beds ⋅ 2 Baths ⋅ 6814903 MLS

Live for less than rent! Welcome to this charming all-brick duplex featuring a welcoming foyer and timeless character throughout. Each unit offers spacious rooms, beautiful hardwood floors and natural woodwork that highlight the home's period details. Enjoy the open staircase in the foyer and leaded glass windows that add the the home's charm. Recent updates include a new roof, boiler, updated kitchen, new flooring, fresh paint and new sewer line. Step outside to a private yard, perfect for relaxing or entertaining. This property is a fantastic investment opportunity or ideal for an owner-occupant looking to offset housing costs. You'll love the ample space for entertaining and the convenient location close to walking, running and biking trails, restaurants, schools and highway/freeway access. Come see for yourself - this one won't last!

416 Daly Street, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$499,900

4 Beds ⋅ 2 Baths ⋅ 6787142 MLS

Classic 1920’s brick true duplex featuring updated kitchens and baths, hardwood floors, built-ins, south facing sun rooms and more! The property is located close to schools, grocery stores, dining, and other services. Walk to Minnesota United games and public transportation. New Roof 2025

1319 Dayton Avenue, Saint Paul

Listing courtesy of Lynden Realty, Ltd..

$449,900

5 Beds ⋅ 2 Baths ⋅ 6748981 MLS

Welcome to this stunning beautifully maintained historic home. The inviting front porch is a warm welcome to this home filled with character. The main floor features a fully remodeled kitchen, complete with granite counter tops and stainless steel appliances. The breathtaking original hardwood floors flow throughout the home. The large dining room has a beautiful built-in buffet, while the spacious living room is adorned with original beams and a wood burning fireplace is nothing short of spectacular. The upper level you have 4 bedrooms and a remodeled bathroom. On the third level you are greeted with an entire suite complete with bedroom, bathroom and a den that together create an inviting retreat. The lower level of this home offers a family room, flex room, laundry room and plenty of storage space. Enjoy walkability in one of St Paul's highly sought after neighborhoods, Merriam Park. Truly immaculate, book your private showing today!

1201 Hague Avenue, 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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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.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Between $400K - $500K Saint Paul Real Estate

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