Welcome to an enticing investment opportunity in St. Paul! This meticulously maintained 4-plex presents a prime chance for savvy investors seeking stable returns. Situated in a thriving rental market, this property boasts a consistent rental history, with all units currently leased, providing immediate cash flow. Each of the four units features three bedrooms, catering to tenants seeking ample living space. Additional income stream from on-site coin-operated laundry facilities, providing convenience to tenants while generating extra revenue. Enjoy predictable monthly income with minimal vacancy risks, supported by long-term leases and Section 8 subsidies. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a reliable income-generating asset, this 4-plex presents an exceptional opportunity to capitalize on the thriving rental market in St. Paul. Don't miss out on this chance to secure long-term financial success.
Closed
$620,000
1051 Arkwright St, Saint Paul, MN 55130
12beds
4baths
4,000sqft
Quadruplex
Built in 1911
-- sqft lot
$-- Zestimate®
$155/sqft
$2,055 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,055/mo
Zestimate® history
Owner options
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$2,055/mo
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$2,055/mo
Rent Zestimate®
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$3,959/mo
Est. payment
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$3,959/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Aundrea M. Paskett 651-235-0868,
RE/MAX Professionals
Bought with:
Chris Mosier
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6491504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement, Common Area, Electric Dryer Hookup, Laundry Room, Sink, Washer Hookup, Coin-op Laundry Owned
Features
- Basement: Partial,Unfinished
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
- Finished area above ground: 4,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Electric, Paved Lot
- Garage spaces: 2
- Details: Garage Dimensions (20x24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
- Fencing: Privacy,Wood
Lot
- Size: 6,838 sqft
- Dimensions: 80 x 85
- Features: Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1200
- Parcel number: 292922230052
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Age 8 Years or Less,Rubber
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Saint Paul
- Subdivision: Hendricksons Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $620,000-3.1%$155/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6491504 Report a problem | ||
| 3/20/2024 | Pending sale | $639,900$160/sqft |
Source:  FMARMLS #6491504 Report a problem | ||
| 3/14/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6491504 Report a problem | ||
| 2/20/2024 | Listed for sale | $639,900+276.6%$160/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6491504 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/31/2017 | Listing removed | $169,900$42/sqft |
Source: Owner Report a problem | ||
| 10/12/2017 | Price change | $169,900+6.3%$42/sqft |
Source: Owner Report a problem | ||
| 9/15/2017 | Listed for sale | $159,900+73.4%$40/sqft |
Source: Owner Report a problem | ||
| 12/29/2016 | Sold | $92,212+80.8%$23/sqft |
Source: Public Record Report a problem | ||
| 5/31/2016 | Sold | $51,000$13/sqft |
Source: Public Record Report a problem | ||
| 4/20/2016 | Sold | $51,000-89%$13/sqft |
Source: Agent Provided Report a problem | ||
| 10/28/2014 | Listing removed | $465,000$116/sqft |
Source: RE/MAX Results #4339775 Report a problem | ||
| 6/4/2014 | Listed for sale | $465,000+47.9%$116/sqft |
Source: RE/MAX Results #4339775 Report a problem | ||
| 4/8/2014 | Listing removed | $1,550 |
Source: Renters Warehouse Report a problem | ||
| 3/7/2014 | Price change | $1,550-20.5% |
Source: Zillow Rental Network Report a problem | ||
| 2/23/2014 | Listed for rent | $1,950 |
Source: Renters Warehouse Report a problem | ||
| 6/12/2006 | Sold | $314,350+12.3%$79/sqft |
Source: Public Record Report a problem | ||
| 12/8/2005 | Sold | $280,000+47.4%$70/sqft |
Source: Public Record Report a problem | ||
| 8/16/2004 | Sold | $190,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,688 +6.1% | $464,800 +10.9% |
| 2024 | $9,130 +0.4% | $419,300 -9.8% |
| 2023 | $9,096 +29.5% | $464,700 +3.2% |
| 2022 | $7,026 -2.6% | $450,300 +29.8% |
| 2021 | $7,210 +18.2% | $346,800 -3.3% |
| 2020 | $6,100 +211.5% | $358,500 +265.8% |
| 2019 | $1,958 | $98,000 |
| 2018 | $1,958 -60.1% | $98,000 |
| 2017 | $4,912 | $98,000 |
| 2016 | $4,912 -5.8% | -- |
| 2015 | $5,216 +15.5% | $184,200 |
| 2014 | $4,518 -24.5% | -- |
| 2009 | $5,988 +5.3% | -- |
| 2008 | $5,688 -3.3% | -- |
| 2007 | $5,884 -4.9% | -- |
| 2006 | $6,186 -10% | -- |
| 2005 | $6,874 +257.3% | -- |
| 2004 | $1,924 +6.3% | -- |
| 2003 | $1,810 +25.9% | -- |
| 2002 | $1,438 -17.1% | -- |
| 2001 | $1,734 | -- |
Find assessor info on the county website
Neighborhood: Payne Phalen
Nearby schools
GreatSchools rating
- 1/10Bruce F Vento Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Washington Technology Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Washington Tech Secondary MagnetGrades: 9-12Distance: 1.7 mi
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- Minnesota
- Ramsey County
- Saint Paul
- 55130
- Payne Phalen
- 1051 Arkwright St
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