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228 Victoria Street N, Saint Paul, MN 55104

New Listing

$519,900

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 3,614 Lot Size (sq. ft.): 6,970 Status: Coming Soon

Current Price: $519,900 List Date: 6/02/2026 Last Modified: 6/02/2026

Overview

Description

Investment Opportunity in St. Paul's Summit-University Neighborhood! Well-maintained triplex situated on a spacious double lot with potential for future development, including the possibility of adding a second building (buyer to verify with local zoning requirements). This income-producing property is ideal for investors seeking strong rental demand or owner-occupants looking to offset housing costs with rental income. Unit Features: Unit 1: 3-bedroom, 1-bath main-level unit with walkout access to a deck and a large, privacy-fenced backyard. Unit 2: 2-bedroom, 1-bath unit with a full kitchen. Unit 3: 1-bedroom, 1-bath unit equipped with a refrigerator and range/oven. Additional highlights include: Separate utilities for all units Basement storage and laundry area Individual washer and dryer for each unit Five off-street parking spaces on an asphalt lot New roof installed in 2022 Conveniently located near restaurants, shopping, public transportation, and other neighborhood amenit ... (Read more)

Listing Details MLS# 7082738

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1892
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1126
Above Ground SqFt: 2648
Below Grd Total SqFt: 966
Total SqFt: 3614
Foundation Size: 966
Style: (MF) Triplex
Total Finished Sqft: 2648.00
Power Company: Xcel Energy
Lot Dimensions: 110x62
Acres: 0.16
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Assumable Loan: Not Assumable Basement: Shared Access; Storage Space Construction Materials: Frame Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Vinyl Fencing: Privacy Foundation: Combination Fuel: Natural Gas Heating: Boiler Laundry: Common Area Lock Box Type: None Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Insurance; Lawn; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot; Driveway - Shared Rental License Type: Standard Road Frontage: City Street; County Road; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Special Search: 3 BR on One Level Unit 2 Amenities: Ceiling Fan(s); Hardwood Floors Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen Unit 2 Special Search: Main Floor Bedroom Unit 3 Amenities: Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork Unit 3 Appliances: Range; Refrigerator Unit 3 Cooling: Window Unit 3 Dining Room Description: Eat In Kitchen Unit 3 Special Search: Main Floor Bedroom Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 519900
ListPrice: 519900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 228
Street Name: Victoria
Street Suffix: Street
Street Direction Suffix: N
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Berryhill & Davisons, Rearra

Assessments

Tax With Assessments: 7588
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2648

More Information

Income and Expenses

Annual Fuel Expense: 4400
Annual Gross Expenses: 9228
Annual Gross Income: 54480
Annual Insurance Expense: 3258
Annual Net Income: 45252
Annual Trash Expense: 600
Annual Water/Sewer Expense: 970
Total Annual Expenses: 9228
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 02
Township#: 28

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Annual Rent: 21600
Finished SqFt: 1126
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 20940
Finished SqFt: 1126
Full Baths: Yes
Monthly Rent: 1745
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 3

Furnished?: No
Lease Expiration Date: 2027-03-31
Leased?: Yes
Level: 3rd Level
Unit Number: 3
Annual Rent: 11940
Finished SqFt: 523
Full Baths: Yes
Monthly Rent: 995
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BERRYHILL AND DAVISONS REARRA LOTS 4 & LOT 5
Listing City: Saint Paul
Map Page: 107
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Zip Plus 4: 7251
Property ID Number: 022823120244
Tax Year: 2025
Tax Amount: 7588
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Investment Opportunity in St. Paul's Summit-University Neighborhood! Well-maintained triplex situated on a spacious double lot with potential for future development, including the possibility of adding a second building (buyer to verify with local zoning requirements). This income-producing property is ideal for investors seeking strong rental demand or owner-occupants looking to offset housing costs with rental income. Unit Features: Unit 1: 3-bedroom, 1-bath main-level unit with walkout access to a deck and a large, privacy-fenced backyard. Unit 2: 2-bedroom, 1-bath unit with a full kitchen. Unit 3: 1-bedroom, 1-bath unit equipped with a refrigerator and range/oven. Additional highlights include: Separate utilities for all units Basement storage and laundry area Individual washer and dryer for each unit Five off-street parking spaces on an asphalt lot New roof installed in 2022 Conveniently located near restaurants, shopping, public transportation, and other neighborhood amenities. With strong rental appeal and easy leasing history, this property presents an excellent opportunity to build wealth through real estate. Whether you're an investor looking for cash flow or an owner-occupant seeking rental income, this versatile property deserves a look!
Directions: Corner of Marshall and Victoria

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes

Assumable Loan

Not Assumable: Yes

Basement

Shared Access: Yes
Storage Space: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes

Exterior

Vinyl: Yes

Fencing

Privacy: Yes

Foundation

Combination: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Common Area: Yes

Lock Box Type

None: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Owner Pays

Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Parking Lot: Yes
Driveway - Shared: Yes

Patio, Porch and Deck Features

Deck: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
County Road: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes

Unit 1 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Disposal: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Ductless Mini-Split: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 1 Special Search

3 BR on One Level: Yes

Unit 2 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes

Unit 2 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Disposal: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Special Search

Main Floor Bedroom: Yes

Unit 3 Amenities

Hardwood Floors: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Cooling

Window: Yes

Unit 3 Dining Room Description

Eat In Kitchen: Yes

Unit 3 Special Search

Main Floor Bedroom: Yes

Listing Office: Complete Management Services

Last Updated: June - 02 - 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.