For Sale

$409,900

For sale

1437 Mi••••• Ave W (Sign up for 50 free credits to unlock)Saint Paul, MN 55104

5Beds

3Baths

2,568Sq Ft Living

6,098Sq Ft Lot

1919Year Built

Property Description

Seller is accepting backup offers. Showings welcome. Searching for that elusive 1% rule investment property? Or looking for the perfect house hack to kick off your portfolio? This well-maintained triplex brings in $4,300 of gross income each month and is located steps from Hamline University and just north of Allianz Field. Current unit mix is 2/1, 2/1, and 1/1 with a detached one-stall garage. Increase the monthly income even more by adding an egress window to make the lower unit 2 bedrooms as well. Easy access to the Green Line light rail, the A Line BRT, I-94, downtown St. Paul, and Minneapolis. Strong rental demand from the university and Midway employment base. Ideal for an investor adding to a portfolio or an owner-occupant.

Property Facts & Features

Property Type: Multi Family
Status: For Sale
Listed: Aug 18, 2026
Price per Sq Ft: $160/sqft
ZIP Code: 55104
Full Baths: 3
Garage: 1 space
Parking: Detached Garage
Heating: Hot Water
Property Tax (2026): $7,152/yr
Assessed Value: $320,400
Last Sold: $243,600 · Jun 1, 2003
Neighborhood: Hamline - Midway
County: Ramsey
School District: St. Paul Public School District

Features & Amenities

Bedrooms

Bedrooms: 5

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Land Info

Additional Parcels: No
Lot Description: Public Transit (w/in 6 blks)
Lot Size Acres: 0.14
Lot Size Dimensions: 47x126
Lot Size Square Feet: 6098

Utilities

Sewer: City Sewer/Connected
Water Source: City Water/Connected

Other Rooms

Basement Description: Full

Rental Info

Gross Income: 51600

Garage and Parking

Garage Spaces: 1
Parking Features: Detached Garage

School Information

High School District: St. Paul

Heating and Cooling

Heating Features: Hot Water
Heating Fuel: Natural Gas

Other Property Info

Annual Tax Amount: 7152
Source Listing Status: Active
County: Ramsey
Directions: Snelling to Minnehaha Ave. East to home.
Tax Year: 2026
Source Neighborhood: Sweitzers Add
Parcel Number: 272923340132
Postal City: Saint Paul
Postal Code Plus 4: 0051
Public Survey Range: 23
Public Survey Section: 27
Public Survey Township: 29
Subdivision: Sweitzers Add
Township: Saint Paul
Property Subtype: (MF) Triplex

Homeowners Association

Association Amenities: Coin-op Laundry Owned, Deck, Porch

Building and Construction

Total Square Feet Living: 2568
Year Built: 1919
Building Exterior Type: Brick/Stone
Foundation Area: 1014
Property Age: 107
Roof: Asphalt Shingles
Total Area Main: 1541

Exterior and Lot Features

Patio And Porch Features: Deck
Deck: Yes

Price & Event History

Date	Event	Price	$/Sq Ft
Sep 14, 2026	Price Changed	$409,900	$160
Aug 19, 2026	Relisted	$421,900	$164
Aug 18, 2026	Listing removed	$421,900	$164
Jun 1, 2003	Sold	$243,600	$134

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$7,152	$320,400	$29,100	$291,300	$320,400
2025	$6,792	$314,100	$29,100	$285,000	$314,100
2023	$5,506	$276,200	$29,100	$247,100	$276,200
2022	$4,158	$204,200	$29,100	$175,100	$204,200
2021	$3,770	$191,300	$29,100	$162,200	$191,300
2020	$4,074	$191,300	$29,100	$162,200	$191,300
2019	$3,544	$160,800	$29,100	$131,700	$160,800
2018	$3,476	$160,800	$29,100	$131,700	$160,800
2017	$2,966	$142,700	$29,100	$113,600	$142,700
2016	$2,836	$134,900	$29,100	$105,800	$134,900
2015	$2,622	$123,300	$29,100	$94,200	$123,300
2014	$2,540	$111,700	$25,600	$86,100	$111,700

Nearby Schools

2/10
Hancock/Hamline Magnet Elementary School
Public · Elementary · Grades K-5
0.4 mi
2/10
Como Park Senior High School
Public · High · Grades 9-12
1.7 mi
4/10
Murray Middle School
Public · Middle · Grades 6-8
2.2 mi
NR
Friends School Of Minnesota
Private · Elementary, Middle · Grades K-8
0.2 mi