MN > Saint Paul > Phillips Add
Saint Paul, MN 55130,661 Payne AVE
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Saint Paul, MN 55130,661 Payne AVE
Saint Paul, MN 55130,661 Payne AVE
Saint Paul, MN 55130,661 Payne AVE
Saint Paul, MN 55130,661 Payne AVE
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Eli Johnson

Eli Johnson

+1(651) 357-2536
$ 394,600
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661 Payne AVE Saint Paul, MN 55130

2,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $151

Subdivision Phillips Add

MLS Listing ID 6705175

Year Built 1884

Annual Tax Amount $2,466

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 35x146

Property Sub-Type Quadruplex

Property Description

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.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Block, Shared Access

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached, Multiple Garages

Garage Spaces 4.0

Fence Privacy, Wood

Roof Type Age 8 Years or Less

Building

Lot Description Corner Lot, Some Trees

Story Two

Foundation 1300

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District St. Paul

Listed by Joshua Dobbins • Lakes Sotheby's International Realty
agent

Eli Johnson

Advisor | License ID: 40157548

+1(651) 357-2536

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661 Payne AVE