661 Payne Avenue Saint Paul, MN 55130

$394,600
Active
estimated monthly payment
2,600 Sq Ft  |  Quadruplex  |  MLS # 6705175
estimated monthly payment Active
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 1
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 2
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 3
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 4
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 5
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  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 8
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 9
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  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 12
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 13
  • 661 Payne Avenue, Saint Paul, MN 55130 Listing Photo 14
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About The Listing

A solid investment opportunity in a high demand rental area. This building is section 8 approved and enrolled in the city of St Paul's 4-D affordable housing program, offering property tax reductions and long term affordability incentives. Three out of four units are currently rented. The building sits on a deep lot with a shared backyard that includes a patio, grassy area, and garden space. Walkable to local favorites like Yarusso Bros, Minnesota Music Cafe, and the Bruce Vento Trail. Strong cash flow opportunity with rents below market.


Listing courtesy of Joshua Dobbins, Lakes Sotheby's International Realty

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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1884
MLS #: 6705175
Square Feet: 2,600
Price Per Square Foot: $152
Garage Spaces: 4
Parking Description: Detached, Multiple Garages
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block, Shared Access
Construction Description: Stucco
Roof Description: Age 8 Years or Less
Days On Market (Continuous): 2
Disability Features: None
Latest Update: 05/18/2025
List Date: 05/16/2025
Listing Agent ID: 502048052
Listing Office: Lakes Sotheby's International Realty
Listing Office ID: 26401
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: Privacy, Wood
Lot Dimensions: 35x146
Lot Size: 0.12 Acres
Lot Features: Corner Lot, Some Trees
School District: St. Paul
Tax Year: 2025
Estimated Taxes: $2,466
Contingency Type: None
City: Saint Paul
Zip: 55130
County: Ramsey
Subdivision: Phillips Add
State: MN

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