1607 Van Buren AVE Saint Paul, MN 55104
8 Beds
4 Baths
3,392 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 3,392 sqft
Price per Sqft $161
Subdivision Hopkins Second Add To, St
MLS Listing ID 7148007
Bedrooms 8
Year Built 1909
Annual Tax Amount $7,132
Tax Year 2025
Contingent None
Lot Size 6,185 Sqft
Lot Dimensions 150x60
Property Sub-Type Duplex Side by Side
Property Description
Live in one unit and let the neighboring unit help pay your mortgage. With one unit becoming vacant on November 1st, this is a rare opportunity for a first-time homebuyer, owner-occupant, or house hacker to take advantage of an assumable 3.99% FHA mortgage while generating rental income from the adjacent unit.
Rare side-by-side duplex in St. Paul's Hamline-Midway neighborhood offering over 5,100 finished square feet, 8 bedrooms, and 4 bathrooms. Each unit lives like a single-family home with spacious multi-level layouts, private entrances, generous living areas, and abundant storage throughout.
The soon-to-be-vacant unit was recently marketed at approximately $2,600 per month and generated significant interest from prospective tenants, giving the next owner flexibility to either occupy the space or lease it at market rent.
Recent improvements include new appliances and other updates that support strong rental performance while preserving future value-add potential. Situated on a 6,100-square-foot lot, the property offers off-street parking and private outdoor space for residents.
Conveniently located near Allianz Field, the Green Line light rail, major universities, shopping, restaurants, and both downtown Minneapolis and downtown St. Paul, the property provides easy access to some of the Twin Cities' most desirable amenities and employment centers.
Whether your goal is to reduce your living expenses through owner-occupied investing, begin building a real estate portfolio, or acquire a large income-producing asset with attractive financing, this property offers flexibility, scale, and immediate upside.
Opportunities to purchase a duplex of this size with a vacant unit, immediate house-hack potential, and an assumable 3.99% mortgage are increasingly rare in today's interest rate environment.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Block, Daylight/Lookout Windows, Owner Access, Partial
Interior
Heating Boiler
Fireplace No
Laundry In Unit
Exterior
Parking Features Detached Garage
Garage Spaces 4.0
Building
Story More Than 2 Stories
Foundation 1292
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
New Construction false
Schools
School District St. Paul
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