1599 Rice Street, Saint Paul, MN 55117

Local realty services provided by:ERA Gillespie Real Estate
1599 Rice Street,Saint Paul, MN 55117
$810,000
  • 14 Beds
  • 6 Baths
  • 5,230 sq. ft.
  • Multi-family
  • Active
Listed by: david kampmeyer, grant johnson, gri
Office: real broker, llc.
MLS#:6728027
Source:NSMLS

Price summary

  • Price:$810,000
  • Price per sq. ft.:$154.88

About this home

Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a .21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages. PROPERTY HIGHLIGHTS : Built in 2004 with modern amenities throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

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Home facts

  • Year built:2004
  • Listing ID #:6728027
  • Added:225 day(s) ago
  • Updated:January 09, 2026 at 01:43 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:6
  • Living area:5,230 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:2004
  • Building area:5,230 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:City Water - In Street
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$810,000
  • Price per sq. ft.:$154.88
  • Tax amount:$12,228 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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