661 Payne Avenue, Saint Paul, MN 55130

Local realty services provided by:ERA Viking Realty
#1
661 Payne Avenue,Saint Paul, MN 55130
$395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:joshua dobbins
Office:lakes sotheby's international realty
MLS#:6705175
Source:NSMLS

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Price summary

  • Price:$395,000

About this home

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.

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Home facts

  • Year built:1884
  • Listing Id #:6705175
  • Added:91 day(s) ago
  • Updated:August 15, 2025 at 03:23 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1884

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$395,000
  • Tax amount:$2,466 (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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