Home for Sale in Saint Paul
661 Payne Avenue
Saint Paul, MN 55130

Price
$394,600

MLS #
6705175

Status
Pending


Request Showing

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.

6705175
Leaflet | Map data © Mapbox contributors

I-94 to Mounds Blvd exit (N) to E 7th (W) to Payne Ave N to Property


I-94 to Mounds Blvd exit (N) to E 7th (W) to Payne Ave N to Property

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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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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