Excellent owner occupant or investor opportunity to own a fully updated triplex with one fully furnished Airbnb in a great location near Allianz Field. The main floor + lower level apartment is 3 bedrooms, 2 baths, and features hardwood floors, new stainless steel appliances, quartz countertops, washer/dryer, dishwasher, fully updated bathroom with tile surround shower and an attached garage. The top floor of the home features two fully furnished 1 bedroom Airbnb's with separate exterior access. Roof was replaced in 2023.
Total gross annual revenue ~$61,200 with avg gross monthly income per unit as follows:
Apt 1: $1,925/month leased through 7/30.
Apt 2: $1,090/month leased through June '26.
Apt 3 Airbnbs: $2,083/month avg gross revenue (additional monthly expenses for STR include cleaning $300/mo & mgmt fees $400/mo).
1541 Charles is a fantastic opportunity to add a cash flowing property to your portfolio or the perfect starter home to begin your investment journey.
Closed
$403,750
1541 Charles Ave, Saint Paul, MN 55104
5beds
4baths
2,002sqft
Triplex
Built in 1909
-- sqft lot
$412,700 Zestimate®
$202/sqft
$1,735 Estimated rent
Home value
$412,700
$371,000 - $458,000
$1,735/mo
Zestimate® history
Owner options
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$1,735/mo
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$1,735/mo
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$2,584/mo
Est. payment
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$2,584/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Matt Boys 952-380-8456,
Fox Realty
Bought with:
Madeline Wittman
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6718053
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Block,Egress Window(s),Finished,Full,Single Tenant Access,Storage Space,Tile Shower
Interior area
- Total structure area: 2,002
- Total interior livable area: 2,002 sqft
- Finished area above ground: 1,340
- Finished area below ground: 662
Property
Parking
- Total spaces: 1
- Parking features: Attached, Electric, Storage
- Attached garage spaces: 1
- Details: Garage Dimensions (12x22), Garage Door Height (7), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 3,789 Square Feet
- Dimensions: 50 x 76
Details
- Foundation area: 672
- Parcel number: 342923230142
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Hamline Syndicate Add, No3
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $336,600
- Annual tax amount: $7,628
- Date on market: 5/9/2025
- Cumulative days on market: 111 days
- Tenant pays: Cable TV
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $403,750-1.5%$202/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6718053 Report a problem | ||
| 5/29/2025 | Price change | $410,000-2.4%$205/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6718053 Report a problem | ||
| 5/23/2025 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 5/13/2025 | Price change | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 5/9/2025 | Listed for sale | $420,000+110%$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6718053 Report a problem | ||
| 4/15/2025 | Price change | $1,100-8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2025 | Price change | $1,200-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2025 | Price change | $1,300-13.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2025 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/29/2017 | Sold | $200,000-7%$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4826031 Report a problem | ||
| 6/6/2017 | Pending sale | $215,000$107/sqft |
Source: Engel & Volkers Minneapolis Downtown #4826031 Report a problem | ||
| 5/26/2017 | Listed for sale | $215,000$107/sqft |
Source: Engel & Volkers Minneapolis Downtown #4826031 Report a problem | ||
| 5/18/2017 | Pending sale | $215,000$107/sqft |
Source: Engel & Volkers Minneapolis Downtown #4826031 Report a problem | ||
| 5/15/2017 | Price change | $215,000-4.4%$107/sqft |
Source: Engel & Volkers Minneapolis Downtown #4826031 Report a problem | ||
| 5/6/2017 | Listed for sale | $225,000+19%$112/sqft |
Source: Engel & Volkers Minneapolis Downtown #4826031 Report a problem | ||
| 10/5/2002 | Sold | $189,000+157.1%$94/sqft |
Source: Public Record Report a problem | ||
| 3/22/2001 | Sold | $73,500$37/sqft |
Source: Public Record Report a problem | ||
| 5/7/1997 | Sold | $73,500$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,242 -5.1% | $336,600 +3.4% |
| 2024 | $7,628 +7.4% | $325,400 +6% |
| 2023 | $7,104 +5.7% | $307,000 +12.2% |
| 2022 | $6,718 -0.8% | $273,500 +16% |
| 2021 | $6,774 +65% | $235,800 +3.7% |
| 2020 | $4,107 +10.9% | $227,300 +20% |
| 2019 | $3,704 | $189,400 |
| 2018 | $3,704 -9.3% | $189,400 +2.7% |
| 2017 | $4,086 | $184,500 |
| 2016 | $4,086 -1.6% | -- |
| 2015 | $4,154 +6.3% | $168,800 |
| 2014 | $3,908 +32.2% | -- |
| 2011 | $2,956 | -- |
| 2010 | -- | -- |
| 2009 | $2,980 +7.7% | -- |
| 2008 | $2,768 +5% | -- |
| 2007 | $2,636 +12.4% | -- |
| 2006 | $2,346 +28.1% | -- |
| 2005 | $1,832 +9.6% | -- |
| 2004 | $1,672 +8.3% | -- |
| 2003 | $1,544 -6.8% | -- |
| 2002 | $1,656 -8.6% | -- |
| 2001 | $1,812 +15.1% | -- |
| 2000 | $1,574 | -- |
Find assessor info on the county website
Neighborhood: Midway
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Nearby schools
GreatSchools rating
- 2/10Hancock/Hamline Magnet Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Murray Middle SchoolGrades: 6-8Distance: 2.3 mi
- 2/10Como Park Senior High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$412,700
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Estimated market value
$412,700
- Minnesota
- Ramsey County
- Saint Paul
- 55104
- Midway
- 1541 Charles Ave
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