Investment Opportunity in St. Paul's Summit-University Neighborhood!
Well-maintained triplex situated on a spacious double lot with potential for future development, including the possibility of adding a second building (buyer to verify with local zoning requirements). This income-producing property is ideal for investors seeking strong rental demand or owner-occupants looking to offset housing costs with rental income.
Unit Features:
Unit 1: 3-bedroom, 1-bath main-level unit with walkout access to a deck and a large, privacy-fenced backyard.
Unit 2: 2-bedroom, 1-bath unit with a full kitchen.
Unit 3: 1-bedroom, 1-bath unit equipped with a refrigerator and range/oven.
Additional highlights include:
Separate utilities for all units
Basement storage and laundry area
Individual washer and dryer for each unit
Five off-street parking spaces on an asphalt lot
New roof installed in 2022
Conveniently located near restaurants, shopping, public transportation, and other neighborhood amenities. With strong rental appeal and easy leasing history, this property presents an excellent opportunity to build wealth through real estate.
Whether you're an investor looking for cash flow or an owner-occupant seeking rental income, this versatile property deserves a look!
Active
Price cut: $10.9K (7/22)
$509,000
228 Victoria St N, Saint Paul, MN 55104
6beds
3baths
2,648sqft
Triplex
Built in 1892
-- sqft lot
$504,400 Zestimate®
$192/sqft
$-- HOA
What's special
- 96 days
- 126
- 14
Zillow last checked:
Listing updated:
Listed by:
Brendan Ashton 952-270-9400,
Complete Management Services
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7082738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: Common Area
Features
- Basement: Shared Access,Storage Space
Interior area
- Total structure area: 3,614
- Total interior livable area: 2,648 sqft
- Finished area above ground: 2,648
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Shared Driveway, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Deck
- Fencing: Privacy
Lot
- Size: 7,013 Square Feet
- Dimensions: 110 x 62
- Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 966
- Parcel number: 022823120244
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1892
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Berryhill & Davisons, Rearra
HOA
- Amenities included: Laundry
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $480,400
- Annual tax amount: $7,588
- Date on market: 6/2/2026
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$504,400
$479,000 - $530,000
$2,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $509,000-2.1%$192/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $519,900+0.2%$196/sqft |
Source: | ||
| 10/11/2023 | Listing removed | -- |
Source: | ||
| 9/11/2023 | Price change | $519,000-3.7%$196/sqft |
Source: | ||
| 8/23/2023 | Listed for sale | $539,000+85.4%$204/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/18/2017 | Sold | $290,700+4.5%$110/sqft |
Source: | ||
| 7/1/2013 | Sold | $278,200-5.7%$105/sqft |
Source: | ||
| 5/20/2013 | Pending sale | $295,000$111/sqft |
Source: Owner #4350661 Report a problem | ||
| 4/17/2013 | Price change | $295,000-1.3%$111/sqft |
Source: Owner #4350661 Report a problem | ||
| 2/12/2013 | Listed for sale | $299,000+3.1%$113/sqft |
Source: Owner Report a problem | ||
| 5/19/2003 | Sold | $290,000+233.3%$110/sqft |
Source: Public Record Report a problem | ||
| 3/7/1996 | Sold | $87,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,588 -10% | $480,400 +10.7% |
| 2024 | $8,428 +4.1% | $433,900 +3.9% |
| 2023 | $8,098 +11.7% | $417,700 +6% |
| 2022 | $7,252 +35% | $394,100 +10% |
| 2021 | $5,372 +8.1% | $358,400 +6% |
| 2020 | $4,970 -3.4% | $338,000 +28.2% |
| 2019 | $5,144 | $263,700 |
| 2018 | $5,144 -4.6% | $263,700 +2.9% |
| 2017 | $5,392 | $256,200 |
| 2016 | $5,392 +32.8% | -- |
| 2015 | $4,060 +1.6% | $222,300 |
| 2014 | $3,998 -27.9% | -- |
| 2013 | $5,546 0% | -- |
| 2012 | $5,548 +3.2% | -- |
| 2011 | $5,378 | -- |
| 2010 | -- | -- |
| 2009 | $4,486 +16% | -- |
| 2008 | $3,868 +52% | -- |
| 2007 | $2,544 +7.3% | -- |
| 2006 | $2,370 +19.6% | -- |
| 2005 | $1,982 +9.3% | -- |
| 2004 | $1,814 -17.4% | -- |
| 2003 | $2,196 +62.7% | -- |
| 2002 | $1,350 -8.9% | -- |
| 2001 | $1,482 +40.7% | -- |
| 2000 | $1,053 | -- |
Find assessor info on the county website
Monthly payment
Est. payment







