1607 Van Buren Avenue, Saint Paul, MN 55104

$555,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 5,133 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $555,000 List Date: 7/01/2026 Last Modified: 7/08/2026

Overview

Description

Assumable mortgage available at 3.99% (buyer must qualify). Price reduced $20,000. One unit becomes vacant at the end of the month, creating an excellent opportunity for an owner-occupant, house hacker, or investor seeking immediate upside. The vacant unit was recently marketed for $2,600/month and generated multiple interested inquiries. Rare side-by-side duplex in St. Paul's Hamline-Midway neighborhood offering over 5,100 finished square feet, 8 bedrooms, and 4 bathrooms. Each unit lives like a single-family home, featuring spacious layouts, multiple finished levels, private entrances, and generous living spaces. Recent improvements include new appliances and other updates that support strong rental performance while still offering future value-add potential. The 6,100-square-foot lot provides off-street parking and private outdoor space for tenants or owner-occupants. Conveniently located near Allianz Field, Green Line light rail, major universities, shopping, restaurants, and b ...

Listing Details MLS# 7102391

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1909
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
2100
Above Ground SqFt
3841
Below Grd Total SqFt
1292
Total SqFt
5133
Foundation Size
1292
Style
(MF) Duplex Side X Side
Total Finished Sqft
3392.00
Garage Stalls
4
Lot Dimensions
150x60
Acres
0.14
Assessment Pending
Unknown

Property Features

Accessible: None Amenities Shared: None Assumable Loan: Yes w/ Qualifying Basement: Concrete Block; Owner Access; Partial Construction Status: Previously Owned Existing Financing: FHA Exterior: Vinyl Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Boiler Laundry: In Unit Owner Pays: None Rental License Type: Standard Road Responsibility: Public Maintained Road Sellers Terms: Assumable; Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k Sewer: City Sewer/Connected Tenant Pays: All Utilities Unit 1 Cooling: None Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
565000
ListPrice
555000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1607
Street Name
Van Buren
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Hopkins Second Add To, St

Assessments

Tax With Assessments
7132
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2100
Finished SqFt Below Ground
1292

More Information

Income and Expenses

Annual Caretaker Expense
1908
Annual Electric Expense
775.75
Annual Gross Expenses
50802.34
Annual Gross Income
55056
Annual Insurance Expense
4614.89
Annual Maintenance Expense
855.19
Annual Net Income
4253.66
Annual Repair Expense
464
Misc. Annual Income
2400
Total Annual Expenses
14581.95
Annual Fuel Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Misc Monthly Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
2000

Public Survey Info

Range#
23
Section#
33
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-07-31
Leased?
Yes
Unit Number
Yes
Annual Rent
26340
Finished SqFt
2500
Full Baths
2
Monthly Expense
560
Monthly Rent
2195
No. of Units Like This
2
Oth Parking Spaces
2
Total Baths
2
Total Bedrooms
4
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
HOPKINS SECOND ADDITION TO ST LOT 8 BLK 1
Listing City
Saint Paul
Map Page
107
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
1819
Property ID Number
332923110007
Tax Year
2025
Tax Amount
7132
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Assumable mortgage available at 3.99% (buyer must qualify). Price reduced $20,000. One unit becomes vacant at the end of the month, creating an excellent opportunity for an owner-occupant, house hacker, or investor seeking immediate upside. The vacant unit was recently marketed for $2,600/month and generated multiple interested inquiries. Rare side-by-side duplex in St. Paul's Hamline-Midway neighborhood offering over 5,100 finished square feet, 8 bedrooms, and 4 bathrooms. Each unit lives like a single-family home, featuring spacious layouts, multiple finished levels, private entrances, and generous living spaces. Recent improvements include new appliances and other updates that support strong rental performance while still offering future value-add potential. The 6,100-square-foot lot provides off-street parking and private outdoor space for tenants or owner-occupants. Conveniently located near Allianz Field, Green Line light rail, major universities, shopping, restaurants, and both downtown Minneapolis and downtown St. Paul. Whether you're looking to add to your portfolio or live in one unit while offsetting your mortgage with rental income, this property offers flexibility, strong income potential, and immediate occupancy in a highly convenient location. Opportunities to acquire a duplex of this size with an assumable 3.99% mortgage and immediate rental upside are rare. Schedule your showing today.
Directions
Head North off the Snelling exit on I94. Turn left after about 0.5 mi onto Van Buren

Accessible

None
Yes

Amenities Shared

None
Yes

Assumable Loan

Yes w/ Qualifying
Yes

Basement

Concrete Block
Yes
Owner Access
Yes
Partial
Yes

Construction Status

Previously Owned
Yes

Existing Financing

FHA
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Boiler
Yes

Laundry

In Unit
Yes

Owner Pays

None
Yes

Patio, Porch and Deck Features

Deck
Yes
Front Porch
Yes
Rear Porch
Yes

Rental License Type

Standard
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Assumable
Yes
Cash
Yes
Conventional
Yes
Conventional Rehab
Yes
FHA
Yes
FHA Rehab 203k
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Cooling

None
Yes

Documents

IDX
Listing Office: eXp Realty
Last Updated: July - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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