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$435,000
7025826 MLS
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.

$480,000
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
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.

$424,900
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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