787 Watson Avenue
Saint Paul, MN, 55102 $ 389,000
Bedrooms5 Baths3.0 Sq 2,073 Monthly Estimate*
$ 2,687
for $389,000 with 5 bedrooms and 3 full baths. This 2,073 square foot home was built in 1889 on a lot size of 0.11.
This 1889-built duplex in St. Paul’s sought-after West 7th neighborhood, offers immediate income from day one with multiple ways to increase its earning potential. The vacant 3-bedroom, 1-bath lower unit is freshly updated with new flooring, paint, lighting and ceiling fans, ready for an owner-occupant or new tenant. Upstairs, an existing tenant is leased at $1,900/month through June 2027, helping offset your mortgage from day one. Here’s where it gets interesting. The upper level includes a 1-bedroom/1-bath + loft AND a separate studio with its own entrance and ¾ bath. After the lease ends, explore converting the studio into a conforming third unit by adding a kitchenette, plumbing, separate utilities and obtaining required City approvals. Prefer to rent the entire property? The lower unit has an estimated market rent of approximately $2,100/month, creating potential for roughly $4,000/month in combined gross rent in its current duplex configuration. Each unit has its own washer/dryer, and major improvements including the roof, water heater, sump pump and appliances. An oversized 24x19 detached 2-car garage with tall ceilings, a small office and additional storage potential adds even more flexibility. Located in West 7th with convenient access to downtown St. Paul, Xcel Energy Center, United Hospital, MSP Airport, Mississippi River recreation, dining and entertainment. House hack it. Rent both units. Explore a third unit. Maximize the garage. One property. Multiple ways to create income. Schedule your showing and see the possibilities for yourself.
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FeaturesGeneralLiving Area 2073
Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 2
Year Built 1889
Tenant Pays Cable TV Electricity Telephone
Levels More Than 2 Stories
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 43200
Accessibility None
County Ramsey
Net Operating Income 36720
Operating Expense 6480
Insurance Expense 1800
New Construction N
Property Type Residential Income
Association Amenities Patio
Contingency None
MaintenanceExpense 0
Subdivision Name Clarkes Add
Directions Selby Ave on to Ayd Mill Rd. Exit onto Jefferson Ave and turn left. Right on Victoria St S left on Watson Ave and the home will be on the left.
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7336
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2073
Laundry Features In Basement Upper Level
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 3
Fuel Natural Gas
Garage Square Feet 456
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ExteriorParking Features Detached Garage
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 2501
Lot Dimensions 36x120
Waterfront Y/N N
Foundation Area 1190
Road Frontage Type City Street Curbs Paved Streets Sidewalks
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* Excluded FeaturesList Byteam@pomerleauteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,687
- Monthly Property Taxes
- $611
- 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.
Learn more about how to save NearbyMulti-family listings in Saint Paul, MN
Average List Price $396,935
Percent of Sale Price 2%
About Saint Paul, MN 306,135 Population
7% Since 2002
$ 52,510 Median Income
34.29 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $389,000 | | Listed Price |