1489 Sherburne Avenue Saint Paul, MN $ 250,000
1489 Sherburne Avenue
$ 250,000
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1489 Sherburne Avenue

Saint Paul, MN, 55104
$ 250,000
Bedrooms8 Baths3.0 Sq 3,098

Monthly Estimate*

$ 1,727

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Multi-Family Home for sale in Saint Paul, MN

for $250,000 with 8 bedrooms and 3 full baths. This 3,098 square foot home was built in 1911 on a lot size of 0.11.

Unique triplex investment opportunity! Why rent when you can own and have tenants help pay your mortgage? This versatile property features three electrical meters, two gas meters, and separate electrical panels, offering excellent potential for income generation. The main-floor kitchen was updated approximately 10 years ago, and the upper-level unit includes a kitchenette. With the addition of a full kitchen on the second floor, the upper level could function as a fully independent rental unit, creating even greater income potential. Tenants currently pay all utilities, including water, helping to maximize cash flow. The property also features beautiful original hardwood floors, classic leaded-glass windows, and a roof that was replaced approximately 15 years ago. Whether you're an owner-occupant looking to offset your housing costs or an investor seeking strong rental income, this property offers tremendous opportunity. It may also be well-suited for shared housing, room rentals, or other creative investment strategies. Excellent cash-flow potential!

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Multi-Family Pending

Price

$ 250,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,062

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1911

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

7141490

Features
General
Living Area 3098
Sewer City Sewer/Connected
Heating Boiler
Roof Age Over 8 Years
Garage Spaces 2
Pool Features None
Construction Materials Stone
Year Built 1911
Electric 150 Amp Service
Tenant Pays Electricity Gas Heat Lawn Care Other Snow Removal Trash Collection
Levels More Than 2 Stories
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 66000
Accessibility None
County Ramsey
Net Operating Income 53000
Operating Expense 13000
Insurance Expense 3000
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Directions 94 to N on 51/Snelling Ave Right on Sherburne to home on the left
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 10062
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3098
Laundry Features In Basement Gas Dryer Hookup Washer Hookup
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 3
Fuel Natural Gas
Garage Square Feet 528
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Exterior
Fencing Full
Parking Features Detached Garage
Lot Features Public Transit (w/in 6 blks) Corner Lot
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 3098
Lot Dimensions 40x125
Waterfront Y/N N
Foundation Area 1144
Road Frontage Type City Street Curbs Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1489
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* Excluded Features
List By
Re/Max Results

Broker

Amy@AmyPiggee.com

Email

Affordability Calculator

$2,565
Per Month
67%
33%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$839
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$250,000 Listed Price

Map


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1489 Sherburne Avenue, Saint Paul, MN, 55104 is a Multi-Family Home for sale at $250,000 with 3,098 sqft and a lot size of 0.11. 1489 Sherburne Avenue has 8 bedrooms, 3.0 baths, and was built in 1911. The property's zip code is 55104 which is in Saint Paul, MN