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$350,000
4 Beds 4 Baths 7063192 MLS
elcome to 337 Maria Avenue in Saint Paul, a rare opportunity to acquire a cash-flowing fourplex with significant upside through both rent growth and unit expansion. This property is currently operating with four leased units while featuring a fully built-out, nonconforming fifth unit in the basement that includes a kitchen, full bathroom, and two egress windows. From a structural standpoint, the space functions as a legal apartment and offers a clear path for a buyer to register it with the city and operate the property as a five-unit building. The current income leaves substantial room for growth. Rents are well below market levels, creating an opportunity to increase revenue over time while also unlocking additional income through the fifth unit. For investors, this presents a strong value-add play with the ability to force appreciation through improved NOI. Based on underwriting scenarios, the property supports attractive returns with both conventional investor financing and owner-occupant strategies. For owner-occupants, this property offers a compelling house-hack opportunity. A buyer can take advantage of low down payment financing options and occupy the fifth unit while continuing to collect rent from the other four units. This setup creates the potential to significantly offset or even cover monthly housing costs while building equity in a multi-unit asset. The building offers approximately 2,200 finished square feet, including a finished lower level, and sits on a flat lot with a two-stall detached garage, additional driveway parking, and street parking availability. Located in Dayton’s Bluff with close proximity to downtown Saint Paul, major transit routes, and local amenities, this property benefits from consistent rental demand. Whether you are looking to expand your portfolio with a value-add multifamily asset or secure a property that allows you to live for less while building wealth, 337 Maria Avenue offers a unique combination of current income, future upside, and flexible use potential. Buyer agent to verify all measurements.

337 Maria Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$369,000
4 Beds 2 Baths 7016145 MLS
Step into timeless charm with this beautifully maintained 1913 home, where classic character meets thoughtful updates throughout. From the moment you enter, you’ll appreciate the beautiful original hardwood floors, stunning natural woodwork, and built-in features that showcase the craftsmanship of a bygone era. The updated kitchen blends style and function with newer stainless steel appliances, new soft-close cabinetry, and warm butcher block countertops—perfect for everyday living. Cozy up by the wood-burning fireplace, or enjoy year-round comfort with a ductless mini-split AC, and updated Andersen windows that bring in abundant natural light throughout the entire home. Upstairs, you’ll find four bedrooms and a full bathroom, offering flexibility for families, guests, or home office needs. The lower level includes a non-conforming fifth bedroom with a legal egress window, providing additional living space or a private retreat and a 2nd bathroom ready for your charm. Outside, the fully fenced backyard offers room to relax, garden, or play, while the oversized detached one-car garage provides extra storage and convenience. With durable stucco siding and a roof approximately 15 years old, updated windows, and a newer boiler and hot water heater, many of the big-ticket items have already been addressed for your convenience. Located in the highly sought-after Macalester-Groveland neighborhood of St. Paul, this home offers exceptional walkability with easy access to everyday amenities. Macalester College is just minutes away, and vibrant Grand Avenue nearby features an array of local shops, coffee houses, and restaurants. Tree-lined streets, nearby parks, and a strong sense of community make this a great place to call home—blending historic charm with modern convenience. This home is the perfect blend of historic character, modern updates, and unbeatable location—ready for its next chapter! Home qualifies for a 10k forgiveable grant with Old National Bank for qualified buyers. Home also has an assumable VA Loan at 3.75% for qualified individuals. Currently property taxes are high due to non homestead exemption filed - if you plan to owner/occupy and file for the homestead exemption you can expect lower property taxes than currently listed.

24 Wheeler Street S, Saint Paul

Listing courtesy of Bridge Realty, LLC.

$375,000
3 Baths 7052542 MLS
Outstanding value! Priced at approximately one-third the price per square foot of many competing commercial properties, this prime corner office building at Smith Avenue and Baker Street offers a rare opportunity to acquire over 5,200 square feet of commercial space at an exceptionally attractive price and offering excellent visibility and high traffic exposure with convenient access to Downtown St Paul. Zoned B2 for small business use (under 10,000 SF), the property presents a versatile opportunity for a variety of commercial uses. The building offers approximately 5,279 total square feet, including 2,592 square feet on the main level and 2,687 square feet in the lower level. Currently configured as two separate office suites, the property provides flexibility for owner-users, investors, or future redevelopment. The left suite, occupied by a long-standing St. Paul insurance company, features approximately 1,400 finished square feet, including separate restrooms, a utility room, storage space, and direct access to a loading area. The right suite, most recently leased to a computer repair business, offers approximately 1,000 finished square feet. The full lower level is currently utilized for storage, adding additional functional space and potential. Both suites are expected to be vacant by May 2026, creating a prime opportunity for occupancy or repositioning. Situated on a 3,165 square foot lot in a highly visible location, this property offers strong potential for an owner-operator, investor, or developer. See MLS supplements for detailed floor plans.

640 Smith Avenue S, Saint Paul

Listing courtesy of RE/MAX Results.

$329,900
4 Beds 3 Baths 7043741 MLS
Join this amazing affordable community at The Heights by Twin Cities Habitat for Humanity. New construction homes with state-of-the-art energy efficiencies including solar shingles, energy star appliances + air source heat pumps. Expect a gorgeous kitchen w/quartz countertops, Anderson windows, LVP flooring and carpeted stairs. Main-floor 3/4 bath + flex room, living/dining/kitchen and ½ bath on 2nd floor, 4 bedrooms, full bath & LAUNDRY on the 3rd floor. Enjoy lower utility bills, live in a gorgeous home while helping to make this community sustainable for the long haul, providing lasting affordability to future buyers. Homeowners retain 25% of the equity gained through appreciation on their future home sale, while Habitat reinvests the remainder to re-extend affordability to the next buyer. You’ll love the attached 2 car garage with electric car plug-in. Heights eligibility and income requirements: incomes up to 100% of AMI ($91,200 for 1, $130,250 for 4), 1st time buyer, owner occupant and live in the 7-county metro area.

2155 Ivy Avenue E Unit 1, Saint Paul

Listing courtesy of Sandy Green Realty, Inc..

$350,000
7029901 MLS
Located in the heart of Saint Paul’s historic Cathedral Hill, this rare lot offers a prime opportunity to create your dream home in one of the city’s most sought after neighborhoods. Surrounded by tree lined streets and timeless architecture, the property places you just steps from boutique shops, award winning restaurants, and vibrant neighborhood attractions. Plans for a new home have already been reviewed by the City of Saint Paul and approved by the Historic Preservation Commission (HPC), offering a rare opportunity to move forward with confidence. Architectural plans are available and ready to go for interested buyers. Whether you envision a modern build or something that reflects the historic charm of the area, this lot provides the perfect canvas. Don’t miss your chance to shape your future in this exclusive and character filled neighborhood.

545 Holly Avenue, Saint Paul

Listing courtesy of Pemberton RE.

$379,900
3 Beds 2 Baths 7031809 MLS
Charming 3-Bedroom Home Across from Cretin-Derham Hall. Located in a great area of St. Paul directly across from Cretin Derham Hall High School, this charming home offers space, character, and an unbeatable location within walking distance of local schools, shops, and restaurants. With over 2,100 finished square feet, the home is larger than many others in the neighborhood and presents a great opportunity for a first-time buyer or investor. The main level features two bedrooms and a full bathroom, along with a spacious open-concept living and dining area highlighted by a wood-burning fireplace. The galley-style kitchen offers great natural light and includes an additional eat-in dining area for extra seating. Upstairs you'll find a large third bedroom with a beautiful cedar closet, providing a private retreat. The clean, dry basement includes a convenient half bath, laundry area, and plenty of storage, with potential to add additional living space or bedrooms. The basement is ready to be finished how you want it to gain instant equity. Outside, enjoy a private backyard perfect for relaxing or entertaining, along with an oversized 2.5-car garage located off the rear alley. This move-in-ready home combines space, location, and potential in one of St. Paul’s most convenient neighborhoods. Schedule your showing today and settle in just in time to enjoy the nearby Minnesota State Fair festivities.

1368 Hartford Avenue, Saint Paul

Listing courtesy of Home Avenue Flat Fee Realty.

$323,000
3 Beds 2 Baths 7027940 MLS
This 1892 Victorian twin sits along Grand Avenue in the sought-after Summit Hill, offering a location that balances neighborhood charm with convenient access to the best of Saint Paul. From here, you’re just a short stroll to the shops, dining, and local favorites that make Grand Avenue such a beloved destination. A classic iron fence and gate create a warm approach to the inviting front porch, introducing the home’s timeless character. Inside, natural light pours through abundant south- and west-facing windows, illuminating the living spaces while highlighting hardwood floors and the craftsmanship of this 1892 Victorian. The layout flows comfortably from room to room, creating inviting spaces to gather, relax, and feel at home. Upstairs, generously sized bedrooms provide peaceful retreats, blending historic charm with everyday comfort. Outside, a private back entry offers room to unwind and enjoy quiet evenings—a welcome feature along Grand Avenue. With NO ASSOCIATION DUES, you’ll enjoy the benefits of homeownership without additional monthly dues. Historic elegance. Modern livability. A Grand Avenue address with enduring appeal. “Seller to pay for Buyer’s origination fee, appraisal fee, and assessment.”

345 Grand Avenue, Saint Paul

Listing courtesy of Apple Tree Realty.

$345,000
3 Beds 2 Baths 7015040 MLS
Step inside this beautifully renovated home and discover the perfect blend of modern updates and timeless charm. This property has been thoughtfully updated from top to bottom and is truly move-in ready. The stylish kitchen boasts brand-new cabinetry and open shelving, new countertops, and appliances.. Both bathrooms have been fully remodeled with contemporary finishes, including a convenient walk-in shower in the upstairs bath. The spacious living room offers plenty of room to relax and features charming built-in bookcases that add character and storage. The home’s three-bedroom layout includes a convenient main-level bedroom and two additional bedrooms upstairs, offering flexibility for guests, a home office, or a growing household. The bedrooms also showcase original hardwood floors that have been beautifully refinished. Numerous major improvements provide added comfort and peace of mind, including a new high-efficiency furnace, water heater, central A/C, roof, most windows, gutters, drain tile, and sump pump system. Fresh interior and exterior paint complete the transformation. With its extensive renovations, thoughtful layout, and combination of classic details and modern conveniences, this home is ready for you to move in, unpack, and enjoy.

124 King Street W, Saint Paul

Listing courtesy of Keller Williams Integrity Realty.

$364,900
6 Beds 3 Baths 7008940 MLS
Check out this beautifully rebuilt duplex, perfectly situated on a prime corner lot. Ideal for an owner/occupy investment! The spacious main unit spans both the first floor and basement, offering 4 bedrooms, 2 bathrooms, and plenty of living space with a living room and lower-level family room. Upstairs, the second unit features 2 bedrooms, 1 bathroom. Both units come with separate, private entrances, ensuring maximum privacy and flexibility. Each unit has on trend lighting and stylish and sleek modern kitchens. The property also boasts a detached 2-car garage and fenced-in yard, ideal for outdoor relaxation or gatherings. Whether you're looking for a comfortable place to call home or an income-generating investment, this versatile property has it all. Located near Johnson Parkway, it’s just a short distance from Lake Phalen and local attractions. With convenient access to bus routes, shops, restaurants, and other essential amenities, this property offers both comfort and accessibility. Don’t miss out on this rare opportunity to own a move-in-ready duplex in a fantastic, central location!

1235 Minnehaha Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

$364,500
4 Beds 4 Baths 6825199 MLS
St. Paul 4plex. $4,766 in monthly rental income. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is a two bedroom rented for $1,565 per month ( $1,470 subsidized by section 8) and is exempt from rent stabilization. Unit #2 is an efficiency rented for $1,179 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.

23 Acker Street W, Saint Paul

Listing courtesy of Bridge Realty, LLC.

$359,500
5 Beds 2 Baths 6819684 MLS
Incredible opportunity to own a fully renovated, turn-key duplex in the heart of Saint Paul! Located at 597 Virginia Street in the Frogtown neighborhood, this property has undergone extensive updates, making it an ideal investment for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Nearly every major component of the property has been upgraded, reducing future maintenance costs and offering peace of mind for years to come. Both units feature updated kitchens and bathrooms, with the upper unit's kitchen renovated in 2020 and all bathrooms fully redone in 2023. Sleek granite countertops were added in 2023, enhancing durability and appeal. Major exterior improvements include a new roof, siding, and all soft metal installed in 2022, along with gutter covers to further reduce maintenance. The property also includes a full plumbing upgrade to modern PEX water lines throughout the kitchens and bathrooms, completed in 2023. Additional enhancements include three newer windows in the lower unit, fresh interior paint, and ceiling repairs in the upper unit (2024) and lower unit (2025), and a recently added third bedroom in the lower unit, significantly increasing rental potential. Both leases are currently month-to-month, offering flexibility to adjust rents or occupy a unit as needed. Unit 1 rent increases to $1,650 in January 2026, and Unit 2 rent increases to $1,450 in January 2026, creating stronger projected income for the next owner. Buyer's agent to confirm all measurements. No same-day showings; 36-48 hours' notice required due to tenant occupancy. This is a truly turn-key asset-perfect for an investor seeking a low-maintenance addition to their portfolio or a buyer looking to live in one unit while collecting rent from the other. Rarely does duplex with this level of updating come to market.

597 Virginia Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$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.

$320,000
4 Baths 6806866 MLS
Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective. Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation. Located in one of Saint Paul’s most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm’s Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center’s multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue. Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$350,000
2 Beds 3 Baths 6808082 MLS
This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1,200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1,300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1,300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3,450 and an annual gross of $41,400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20,000 to 30,000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.

1051 Hudson Road, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$374,000
4 Beds 4 Baths 6813006 MLS
Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow. Each unit includes private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel, Individual 40-gallon water heater. One unit was just updated. Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity. Additional Amenities: Off-street parking behind the building, Lockable basement storage units for each tenant, Coin-operated washer and dryer in the basement for added income. Close to shopping, bike trails, and public transit. This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!

893 Jenks Avenue, Saint Paul

Listing courtesy of Home Avenue Flat Fee Realty.

$395,000
2 Beds 2 Baths 6782503 MLS
One-of-a-kind live/work residence in the heart of historic Lowertown—just steps from the St. Paul Farmers' Market, CHS Field, and all the boutique shops and restaurants that make Lowertown so quaint. Set within the iconic Chicago Great Western Building, this home blends timeless architectural details with modern convenience. The Classical Revival style showcases dramatic iron staircases, exposed brick walls, Douglas fir floors, large windows and soaring ceilings that inspire creativity and comfort. Cozy living room with a wood-burning fireplace, a spacious third-floor loft bedroom, a mezzanine level with in-unit laundry, and beautifully updated kitchen and baths. Enjoy the rare convenience of a private, heated and insulated two-car attached garage with abundant storage and 2 additional assigned parking spaces. New rooftop heating & cooling unit. Whether you're seeking a unique home, inspiring workspace, or both—this exceptional property offers the best of city living in a truly historic setting.

355 Kellogg Boulevard E Unit 7, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

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