2017 Laurel Avenue, Saint Paul, MN 55104

$500,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 3,384 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $500,000 List Date: 5/20/2026 Last Modified: 6/26/2026

Overview

Description

Well-maintained up/down duplex in a prime location offering flexibility for both owner-occupants and investors. One unit is currently vacant, while the other is leased at $1,650/month with a new lease in place. Parking permits are available for residents to help ensure convenient parking. May 28, 2026 all NEW gas lines where installed! A newly extensive update to old gas lines being replaced! Other extensive updates completed throughout ownership include: dual boilers and kitchen countertops (2018); updated water lines and appliance upgrades (2020); newer water heater, washer, dryer, and dishwasher (2021); newer roof (2022); new chimney liner and cap, freshly stained lower porch, exterior trim painting, and newly painted upper-level interiors (2025); and new upper bath paint/light fixture plus fresh paint in the lower-level rear common area (2026). The rear bump-out was also fully renovated with structural repairs, new siding, flooring, moisture barrier, and sealed rubber roofing for ...

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Listing Details MLS# 7077559

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1921
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1121
Above Ground SqFt
2242
Below Grd Total SqFt
1142
Total SqFt
3384
Foundation Size
1142
Style
(MF) Duplex Up and Down
Total Finished Sqft
2242.00
Lot Dimensions
92x50
Acres
0.11
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Full; Storage Space; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Common Area; In Basement Lot Description: Corner Lot Owner Pays: Taxes; Trash Collection; Water Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas; Heat Unit 1 Amenities: Hardwood Floors; Main Floor Primary Bedroom; Porch Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath; Upper Level Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Main Level Unit 2 Amenities: Hardwood Floors; Porch Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Kitchen/Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
520000
ListPrice
500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2017
Street Name
Laurel
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55104
Complex/Dev/Subdivision
Merriam Park Second Add

Assessments

Tax With Assessments
9388
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2242

More Information

Income and Expenses

Annual Gross Expenses
15534
Annual Gross Income
38532
Annual Insurance Expense
3146
Annual Maintenance Expense
960
Annual Trash Expense
1007
Annual Water/Sewer Expense
1033
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Repair Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
04
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2027-06-30
Leased?
Yes
Unit Number
Yes
Annual Rent
19800
Finished SqFt
1142
Full Baths
Yes
Monthly Rent
1650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2026-03-31
Leased?
Yes
Unit Number
2
Annual Rent
18732
Finished SqFt
1100
Full Baths
Yes
Monthly Rent
1561
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
MERRIAM PARK SECOND ADD S 92 FT OF LOT 8 BLK 14
Listing City
Saint Paul
Map Page
107
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Property ID Number
042823220097
Tax Year
2025
Tax Amount
9388
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Well-maintained up/down duplex in a prime location offering flexibility for both owner-occupants and investors. One unit is currently vacant, while the other is leased at $1,650/month with a new lease in place. Parking permits are available for residents to help ensure convenient parking. May 28, 2026 all NEW gas lines where installed! A newly extensive update to old gas lines being replaced! Other extensive updates completed throughout ownership include: dual boilers and kitchen countertops (2018); updated water lines and appliance upgrades (2020); newer water heater, washer, dryer, and dishwasher (2021); newer roof (2022); new chimney liner and cap, freshly stained lower porch, exterior trim painting, and newly painted upper-level interiors (2025); and new upper bath paint/light fixture plus fresh paint in the lower-level rear common area (2026). The rear bump-out was also fully renovated with structural repairs, new siding, flooring, moisture barrier, and sealed rubber roofing for long-term durability. In addition, the waste line from the home to the street was replaced prior to current ownership, adding additional peace of mind. Great opportunity to owner-occupy while generating income, or add a well-maintained investment property to your portfolio.
Directions
Cleveland Ave to Laurel, East to Duplex on NE corner of Laurel & Wilder.

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes

Basement

Full
Yes
Storage Space
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Laundry

Common Area
Yes
In Basement
Yes

Lot Description

Corner Lot
Yes

Owner Pays

Taxes
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Front Porch
Yes
Porch
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Heat
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes
Porch
Yes

Unit 1 Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes
Upper Level Full Bath
Yes

Unit 1 Cooling

None
Yes

Unit 1 Dining Room Description

Informal Dining Room
Yes

Unit 1 Family Room Characteristics

Main Level
Yes

Unit 2 Amenities

Hardwood Floors
Yes
Porch
Yes

Unit 2 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

None
Yes

Unit 2 Dining Room Description

Kitchen/Dining Room
Yes

Documents

IDX
Listing Office: Engel & Volkers Minneapolis Downtown
Last Updated: June - 26 - 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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