Excellent investment opportunity in a prime Saint Paul location! This up/down duplex features two 2-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Major exterior improvements have already been completed, including newer siding, a newer roof, and newer chain-link fencing surrounding the large, flat corner lot. An oversized detached 1-car garage provides additional storage and rental appeal. While the property requires updates and repairs, it presents an opportunity to renovate, increase rents, and maximize returns. Whether you're expanding your portfolio, pursuing a BRRRR strategy, or seeking a property with long-term upside, this duplex offers a solid foundation for your investment goals. Conveniently located just one block off West 7th Street with easy access to downtown Saint Paul, major highways, shopping, dining, public transportation, and other everyday amenities. Bring your vision and unlock the potential of this income-producing property.
Pending
$150,000
627 Palace Ave, Saint Paul, MN 55102
4beds
2baths
1,402sqft
Duplex Up and Down
Built in 1884
-- sqft lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
Large flat corner lotNewer roofNewer siding
- 45 days |
- 34 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kelly Arvidson 952-693-6448,
Keller Williams Preferred Rlty,
Jason Arvidson 612-209-9109
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7087916
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 2,146
- Total interior livable area: 1,402 sqft
- Finished area above ground: 1,402
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Asphalt, Concrete, Electric, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21x17)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Chain Link,Full
Lot
- Size: 4,486 Square Feet
- Features: Corner Lot, Tree Coverage - Medium
Details
- Foundation area: 744
- Parcel number: 122823230068
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1884
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Thomas Dalys Sub Of Blks18&31
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $261,700
- Annual tax amount: $6,268
- Date on market: 6/6/2026
- Cumulative days on market: 35 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,594/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Pending sale | $150,000$107/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7087916 Report a problem | ||
| 6/6/2026 | Listed for sale | $150,000+163.2%$107/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7087916 Report a problem | ||
| 12/15/1993 | Sold | $57,000$41/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,702 +13.5% | $261,700 +1% |
| 2024 | $5,026 -2% | $259,100 +2.7% |
| 2023 | $5,130 +29% | $252,300 +0.7% |
| 2022 | $3,976 +37.7% | $250,600 +28.6% |
| 2021 | $2,888 +2.8% | $194,900 +0.6% |
| 2020 | $2,810 +86.3% | $193,800 +37% |
| 2019 | $1,508 | $141,500 |
| 2018 | $1,508 -9.9% | $141,500 +21% |
| 2017 | $1,674 | $116,900 |
| 2016 | $1,674 +5.2% | -- |
| 2015 | $1,592 +45.8% | $114,800 |
| 2014 | $1,092 +0.6% | -- |
| 2013 | $1,086 -20.6% | -- |
| 2012 | $1,368 -25.9% | -- |
| 2011 | $1,846 | -- |
| 2010 | -- | -- |
| 2009 | $2,124 +10.4% | -- |
| 2008 | $1,924 +15.9% | -- |
| 2007 | $1,660 +13.9% | -- |
| 2006 | $1,458 +0.4% | -- |
| 2005 | $1,452 -31.5% | -- |
| 2004 | $2,120 +159.8% | -- |
| 2003 | $816 +11.2% | -- |
| 2002 | $734 -12.4% | -- |
| 2001 | $838 +34.7% | -- |
| 2000 | $622 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West 7th
Nearby schools
GreatSchools rating
- 4/10Expo for Excellence Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 3/10Hidden River Middle SchoolGrades: 6-8Distance: 2.8 mi
- 7/10Central Senior High SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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