Home for Sale in Saint Paul
661 Payne Avenue
Saint Paul, MN 55130
Property Details
No. of Units
4
Year Built
1884
Square Feet
2,600
Acres
0.12
2025 Property Taxes
$2,466
School District
St. Paul
County
Ramsey
A solid investment opportunity in a high demand rental area. This building is section 8 approved and enrolled in the city of St Paul's 4-D affordable housing program, offering property tax reductions and long term affordability incentives. Three out of four units are currently rented. The building sits on a deep lot with a shared backyard that includes a patio, grassy area, and garden space. Walkable to local favorites like Yarusso Bros, Minnesota Music Cafe, and the Bruce Vento Trail. Strong cash flow opportunity with rents below market.
Unit Information
Unit 1
Unit 2
Unit 3
Unit 4
Features
Electric
Circuit Breakers
Heating
Forced Air
Sewer
City Sewer/Connected
Water
Public
Fencing
Privacy,Wood
Additional Info
Listed By
Joshua Dobbins of Lakes Sotheby's International Realty
Listed
05/16/25 and last updated 06/02/25

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