This is a fantastic opportunity for house hackers or investors. Currently configured as two units, each with two bedrooms and one bathroom, this property can easily be transformed into a 6-bedroom, 2-bathroom duplex by adding egress windows to the basements. Additionally, the existing basement toilets can be upgraded to half baths, creating spacious master bedroom suites in each unit, further enhancing livability and value.
Situated on St. Paul’s East Side, this duplex offers a prime location near schools, parks, and local amenities, making it an attractive option for renters and homeowners alike. Whether you're looking to live in one unit and rent out the other or maximize rental income with upgrades, this property offers significant upside potential. Don’t miss this opportunity to create value and build wealth—schedule your showing today! Buyer's agent to verify all measurements.
Closed
$335,000
985 Cypress St, Saint Paul, MN 55106
4beds
4baths
1,423sqft
Multi Family
Built in 1964
-- sqft lot
$329,300 Zestimate®
$235/sqft
$1,629 Estimated rent
Home value
$329,300
$306,000 - $352,000
$1,629/mo
Zestimate® history
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$2,144/mo
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$2,144/mo
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Zillow last checked:
Listing updated:
Listed by:
William Schultz 651-216-6814,
Keller Williams Premier Realty
Bought with:
Bee V. Yang
Bee Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6638013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement, Laundry Room
Features
- Basement: Partially Finished
Interior area
- Total structure area: 1,423
- Total interior livable area: 1,423 sqft
- Finished area above ground: 1,423
- Finished area below ground: 0
Property
Parking
- Parking features: Tuckunder Garage
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 4,878 Square Feet
- Dimensions: 129 x 129
- Features: Corner Lot
Details
- Foundation area: 1144
- Parcel number: 282922240177
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Forestdale Add
Location
- Region: Saint Paul
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $290,500
- Annual tax amount: $5,076
- Date on market: 12/6/2024
- Cumulative days on market: 15 days
- Tenant pays: Broadband, Cable TV, Electricity, Gas, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $335,000$235/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6638013 Report a problem | ||
| 12/27/2024 | Pending sale | $335,000$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638013 Report a problem | ||
| 12/12/2024 | Listed for sale | $335,000$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638013 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,718 +5.7% | $290,500 +9.1% |
| 2024 | $5,412 +0.3% | $266,300 -3.4% |
| 2023 | $5,394 +25.3% | $275,700 +2% |
| 2022 | $4,306 -2.1% | $270,200 +30.4% |
| 2021 | $4,400 +5.2% | $207,200 -7.8% |
| 2020 | $4,184 +15.1% | $224,700 +24.1% |
| 2019 | $3,634 | $181,000 |
| 2018 | $3,634 -4.4% | $181,000 |
| 2017 | $3,800 | $181,000 |
| 2016 | $3,800 +22.5% | -- |
| 2015 | $3,102 +76.3% | $148,000 |
| 2014 | $1,760 -14.1% | -- |
| 2013 | $2,050 +2.9% | -- |
| 2012 | $1,992 -12.9% | -- |
| 2011 | $2,288 | -- |
| 2010 | -- | -- |
| 2009 | $2,662 +5.5% | -- |
| 2008 | $2,524 +15.3% | -- |
| 2007 | $2,190 +15.8% | -- |
| 2006 | $1,892 +23.5% | -- |
| 2005 | $1,532 +15.5% | -- |
| 2004 | $1,326 +21% | -- |
| 2003 | $1,096 +15.4% | -- |
| 2002 | $950 -11.9% | -- |
| 2001 | $1,078 +20.2% | -- |
| 2000 | $897 | -- |
Find assessor info on the county website
Neighborhood: Payne Phalen
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Nearby schools
GreatSchools rating
- 4/10Frost Lake Magnet Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Battle Creek Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10Johnson Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$329,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$329,300
- Minnesota
- Ramsey County
- Saint Paul
- 55106
- Payne Phalen
- 985 Cypress St
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