627 Palace Avenue, Saint Paul, MN 55102

New Listing
$150,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,146 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $150,000 List Date: 6/06/2026 Last Modified: 6/06/2026

Overview

Description

Excellent investment opportunity in a prime Saint Paul location! This up/down duplex features two 2-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Major exterior improvements have already been completed, including newer siding, a newer roof, and newer chain-link fencing surrounding the large, flat corner lot. An oversized detached 1-car garage provides additional storage and rental appeal. While the property requires updates and repairs, it presents an opportunity to renovate, increase rents, and maximize returns. Whether you're expanding your portfolio, pursuing a BRRRR strategy, or seeking a property with long-term upside, this duplex offers a solid foundation for your investment goals. Conveniently located just one block off West 7th Street with easy access to downtown Saint Paul, major highways, shopping, dining, public transportation, and other everyday amenities. Bring your vision and unlock the p ...

Listing Details MLS# 7087916

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1884
Yearly/Seasonal
Yearly
Main Floor Total SqFt
744
Above Ground SqFt
1402
Below Grd Total SqFt
744
Total SqFt
2146
Foundation Size
744
Style
(MF) Duplex Up and Down
Total Finished Sqft
1402.00
Garage Stalls
Yes
Acres
0.1
Assessment Pending
No
Lot Dimensions
No

Property Features

Accessible: None Basement: Crawl Space; Partial Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Vinyl Fencing: Chain Link; Full Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Supra Lot Description: Corner Lot; Tree Coverage - Medium Parking Characteristics: Garage Door Opener Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
150000
ListPrice
150000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
627
Street Name
Palace
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55102
Complex/Dev/Subdivision
Thomas Dalys Sub Of Blks18&31

Assessments

Tax With Assessments
6268
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
1402

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
21x17
Garage Square Feet
357
Garage Door Opener
Yes

Public Survey Info

Range#
23
Section#
12
Township#
28

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
Finished SqFt
744
Full Baths
Yes
No. of Units Like This
2
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
THOMAS DALYS SUB OF BLKS1831 LOT 10 BLK 18
Listing City
Saint Paul
Map Page
122
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Property ID Number
122823230068
Tax Year
2026
Tax Amount
6268
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Excellent investment opportunity in a prime Saint Paul location! This up/down duplex features two 2-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Major exterior improvements have already been completed, including newer siding, a newer roof, and newer chain-link fencing surrounding the large, flat corner lot. An oversized detached 1-car garage provides additional storage and rental appeal. While the property requires updates and repairs, it presents an opportunity to renovate, increase rents, and maximize returns. Whether you're expanding your portfolio, pursuing a BRRRR strategy, or seeking a property with long-term upside, this duplex offers a solid foundation for your investment goals. Conveniently located just one block off West 7th Street with easy access to downtown Saint Paul, major highways, shopping, dining, public transportation, and other everyday amenities. Bring your vision and unlock the potential of this income-producing property.
Directions
I-35 to MN 5E to West 7th Street to Fort Rd, North on Toronto Street, Left on Palace Ave, home is on the right.

Accessible

None
Yes

Basement

Crawl Space
Yes
Partial
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Vinyl
Yes

Fencing

Chain Link
Yes
Full
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

In Basement
Yes

Lot Description

Corner Lot
Yes
Tree Coverage - Medium
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes
IDX
Listing Office: Keller Williams Preferred Rlty
Last Updated: June - 06 - 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.