1123 Payne Avenue

St. Paul, MN 55130

$305,000
Price
—
Beds
2,114 Sq. Ft.
$144 / Sq. Ft.
2,114
Sq. Ft.
$144
per Sq. Ft.

Description

Back on the Market! Buyer had to cancel for reasons unrelated to the property! Excellent opportunity for a turnkey four-plex with amazing cash flow, option to owner occupy! Property projected to generate $3,800 in monthly rent. Conveniently located on Payne, walking distance to delicious restaurants, grocery and shopping. Each unit comes with designated parking spot. Units have been renovated and are in great condition! Units 1 and 2 share a small common entryway with unit 1 located on the main level...Back on the Market! Buyer had to cancel for reasons unrelated to the property! Excellent opportunity for a turnkey four-plex with amazing cash flow, option to owner occupy! Property projected to generate $3,800 in monthly rent. Conveniently located on Payne, walking distance to delicious restaurants, grocery and shopping. Each unit comes with designated parking spot. Units have been renovated and are in great condition! Units 1 and 2 share a small common entryway with unit 1 located on the main level and unit 2 located up a flight of stairs. Unit 3 has private entryway with access to the unfinished lower level with laundry hookup. Unit 4 has direct access from the back of the property. Property features secure, keyless entry.
  1. Listed by Welcome Home Productions, LLC

Property Details for 1123 Payne Avenue

Neighborhood
Payne-Phalen
Subdivision Name
Joseph R Weides Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 11/21/2024 08:25 AM

Property Details for 1123 Payne Avenue

StatusActive
MLS #6597989
Days on Compass48
Taxes$8,182 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1894
Lot Size0.09 AC / 3,920 SF
CountyRamsey County

Building Information for 1123 Payne Avenue

Stories-Residences4Year Built1894Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 1123 Payne Avenue

Summary
Location and General Information
  • City Name: Saint Paul
  • County Or Parish: Ramsey
  • County: Ramsey-MN
  • Directions: From 35E, take Maryland exit and head E. R on Payne Ave. Home on RH side.
  • Latitude: 44.975045
  • Longitude: -93.07386
  • Map Coordinate: 108-C2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Saint Paul
  • City and Location Text: Saint Paul(MN)
  • Postal Code: 55130
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 292922120141
  • Tax Annual Amount: $8,182.00
  • Tax Legal Description: JOSEPH R WEIDES ADDITION S 12 1/2 FT OF LOT 4 AND ALL OF LOT 3 BLK 3
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 8182.0000
School Information
  • High School District: 625 - St. Paul
  • School District Number: 625
  • School District Phone: 651-767-8100
Property
Lot Information
  • Above Grade Fin SQFT: 2114.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2114.0
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Lot Size Area: 0.09
  • Lot Size Dimensions: 40x110
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1498.0000
  • Building Area Total: 2730.0
  • Above Grade SqFt Total: 2114.0000
  • Below Grade SqFt Total: 616.0000
Property and Assessments
  • Age Of Property: 130
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs External
  • Association Amenities: None
  • Fencing: Partial, Wood
  • Foundation Area: 1498.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt
Interior Features
  • Basement Type: Partial, Unfinished
  • DP Resource: Y
  • Heating: Boiler
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 380.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 0
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 11400
  • Unit Furnished: No
Unit 2
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 380.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 0
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 2 Room Level: Upper
  • Dining Room Level: Upper
  • Kitchen Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 10800
  • Unit Furnished: No
Unit 3
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 3/4 Bath
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Cool System: Ductless Mini-Split
  • Unit Monthly Expenses: 380.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 0
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Level: Main (Ground)
  • Family Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 12000
  • Unit Furnished: No
Unit 4
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 380.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 0
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Extra Room 3 Level: Main (Ground)
  • Extra Room 4 Level: Main (Ground)
  • Living Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 10800
  • Unit Furnished: Yes

Property History for 1123 Payne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1123 Payne Avenue

Taxable ValueLand$80,000Additions$285,600Total$365,600
Tax Record2024$8,182 ($682 / month)
Home Facts
Total Finished SqFt2,556 SqFtAbove Grade Finished SqFt2,556 SqFtLot Size4,182 SqFtStyleMulti-Family Res (5+ Units)Year Built1894Year Renovated1966ZoningLCountyRAMSEYAPN29-29-22-12-0141

Schools near 1123 Payne Avenue

This home is within St. Paul Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
Farnsworth Aerospace Upper
Public5 to 8

Creative Arts Secondary School
Public6 to 12

Washington Tech Secondary Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1123 Payne Avenue is a multi-family home for sale in St. Paul, MN 55130. This property was listed for sale on September 18, 2024 by Welcome Home Productions, LLC, it's currently listed at $305,000. It has been on the market for a total of 48 days and was last sold on October 20, 2022. This listing's school district is St. Paul Public School District. Nearby schools include John A.Johnson Achievement Plus Elementary School, Farnsworth Aerospace Upper and Creative Arts Secondary School. 1123 Payne Avenue is a 0-bed, 0-bath, 2,114 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Welcome Home Productions, LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/21/2024 08:25 AM