Exceptional investment opportunity in the heart of Mac-Groveland! Ideally located just minutes from the University of St. Thomas, St. Catherine University, and Macalester College, this extensively renovated duplex offers strong cash flow with both units fully leased through May 2027.
Completely rebuilt down to the studs in 2021, this property was thoughtfully redesigned for long-term durability, low maintenance, and tenant comfort. One unit offers 4 bedrooms and 2 beautifully remodeled 3/4 baths, while the second features 5 bedrooms and 2 fully remodeled 3/4 baths. Every major component has been updated, including a new roof, two high-efficiency boiler systems, two new water heaters, drain tile system, and all-new finishes throughout.
Quality construction is evident with spray foam insulation and sound isolation channels installed between unit ceilings and staircases, creating a quieter living experience for tenants. Both units feature granite countertops, stainless steel appliances, and the convenience of in-unit laundry.
The extensive renovation means minimal capital expenses for years to come. Even better, tenants pay their own heat, electric, water, and garbage, while the owner is responsible only for lawn care and snow removal, resulting in an incredibly efficient operating expense profile.
Located in one of Saint Paul's most sought-after neighborhoods, residents enjoy easy access to colleges, restaurants, coffee shops, parks, shopping, and public transportation. A truly turnkey investment with modern finishes, strong rental history, and an unbeatable location.
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Zillow last checked:
Listing updated:
Listed by:
Meghan Hyland651-698-2481,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097546
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Heating
Boiler
Appliances
Laundry: In Basement, Upper Level
Features
Basement: Drain Tiled,Egress Window(s),Finished
Interior area
Total structure area: 4,176
Total interior livable area: 4,088 sqft
Finished area above ground: 3,288
Finished area below ground: 800
Property
Parking
Total spaces: 2
Parking features: Garage
Garage spaces: 2
Accessibility
Accessibility features: None
Features
Levels: Two
Lot
Size: 4,922 Square Feet
Dimensions: 40 x 124
Details
Foundation area: 1284
Parcel number: 092823220003
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex Up and Down
Materials
Roof: Age 8 Years or Less
Condition
New construction: No
Year built: 1925
Utilities & green energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Lanes View
Location
Region: Saint Paul
Financial & listing details
Price per square foot: $165/sqft
Tax assessed value: $533,300
Annual tax amount: $11,184
Date on market: 7/8/2026
Cumulative days on market: 25 days
Tenant pays: All Utilities
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/12/2026
Pending sale
$675,000$165/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097546Report a problem
7/8/2026
Listed for sale
$675,000+56.1%$165/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097546Report a problem
12/8/2021
Listing removed
--
Source: NorthstarMLS as distributed by MLS GRID #5709269Report a problem
3/29/2021
Sold
$432,500+0.6%$106/sqft
Source: NorthstarMLS as distributed by MLS GRID #5709269Report a problem
2/13/2021
Pending sale
$430,000$105/sqft
Source: NorthstarMLS as distributed by MLS GRID #5709269Report a problem
2/8/2021
Listed for sale
$430,000+23.9%$105/sqft
Source: NorthstarMLS as distributed by MLS GRID #5709269Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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