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891 Iglehart Avenue, Saint Paul, MN 55104

$445,000

4-web-or-mls-005_DSC06164 virtually staged.jpeg

Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 4,485 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $445,000 List Date: 5/16/2026 Last Modified: 6/26/2026

Overview

Description

Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities. Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.

Listing Details MLS# 7074751

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1889
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1196
Above Ground SqFt: 3289
Below Grd Total SqFt: 1196
Total SqFt: 4485
Foundation Size: 1196
Style: (MF) Triplex
Total Finished Sqft: 4485.00
Garage Stalls: 2
Lot Dimensions: 40 x 121
Acres: 0.11
Assessment Pending: Yes
# Carport Spaces: 0

Property Features

Accessible: Doors 36"+ Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility Assumable Loan: Not Assumable Basement: Concrete Block; Full; Owner Access; Partially Finished; Shared Access; Storage Space; Unfinished Construction Materials: Block; Concrete; Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco; Wood Fencing: Partial Foundation: Brick/Mortar; Combination; Concrete Block; Concrete Perimeter Fuel: Electric; Natural Gas Heating: Boiler Internet Options: Cable Laundry: Common Area; In Basement; Laundry Room Lot Description: Public Transit (w/in 6 blks) Owner Pays: Electricity; Gas; Maintenance/Repair; See Remarks; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Gravel Lot; Unassigned Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Electricity; Fuel; Gas; Heat; Hot Water; See Remarks; Snow Removal; Taxes; Trash Collection Topography: Level Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Unit 1 Family Room Characteristics: Family Room Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Unit 2 Family Room Characteristics: Family Room Unit 3 Appliances: Range; Refrigerator Unit 3 Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath Unit 3 Cooling: None Unit 3 Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Unit 3 Family Room Characteristics: Family Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 470250
ListPrice: 445000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 891
Street Name: Iglehart
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Fairbanks Add To The, City

Assessments

Assessment Balance: 4348
Tax With Assessments: 12384

Basement

Foundation Dimensions: 23 x 52
Concrete Block: Yes
Full: Yes
Owner Access: Yes
Partially Finished: Yes
Shared Access: Yes
Storage Space: Yes
Unfinished: Yes

More Information

Building Information

Finished SqFt Above Ground: 3289
Finished SqFt Below Ground: 1196

Income and Expenses

Annual Gross Income: 54348
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 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

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20 x 20
Garage Door Height: 7
Garage Door Width: 12
Garage Square Feet: 400
Gravel Lot: Yes
Unassigned: Yes

Public Survey Info

Range#: 23
Section#: 35
Township#: 29

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 24216
Finished SqFt: 1300
Full Baths: Yes
Monthly Rent: 2018
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 17160
Finished SqFt: 800
Full Baths: Yes
Monthly Rent: 1430
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 3

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 3
1/2 Baths: Yes
Annual Rent: 16224
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 1352
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: FAIRBANKS ADDITION TO THE CITY LOT 14 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: 2659
Property ID Number: 352923340063
Tax Year: 2026
Tax Amount: 8036
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities. Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
Directions: On Iglehart Avenue

Accessible

Doors 36"+: Yes

Amenities Shared

Coin-op Laundry Owned: Yes
Common Laundry Facility: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Stucco: Yes
Wood: Yes

Fencing

Partial: Yes

Foundation

Brick/Mortar: Yes
Combination: Yes
Concrete Block: Yes
Concrete Perimeter: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Boiler: Yes

Internet Options

Cable: Yes

Laundry

Common Area: Yes
In Basement: Yes
Laundry Room: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Electricity: Yes
Gas: Yes
Maintenance/Repair: Yes
See Remarks: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes
Three: Yes

No. of Refrigerators

One Per Unit: Yes
Three: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes
See Remarks: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Living/Dining Room: Yes

Unit 1 Family Room Characteristics

Family Room: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Living/Dining Room: Yes

Unit 2 Family Room Characteristics

Family Room: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes

Unit 3 Cooling

None: Yes

Unit 3 Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Living/Dining Room: Yes

Unit 3 Family Room Characteristics

Family Room: Yes

Listing Office: Gold Group Realty, LLC

Last Updated: June - 26 - 2026

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