1437 Minnehaha Avenue WSaint Paul, MN 55104
$409,900
5 bedrooms · 3 bathrooms · 2,568 finished sq ft · 0.14 acre lot
About this home
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.
Home facts
- Home type
- Multi-family home
- Style
- Triplex
- Year built
- 1919
- Bedrooms
- 5
- Bathrooms
- 3
- Finished sq ft
- 2,568
- Lot
- 0.14 acres
- Garage
- 1 stalls
- Basement
- Full
- Heating
- Natural Gas, Hot Water
- Property taxes
- $7,152 a year
- Listed
- August 19, 2026
- MLS number
- 7116470
Listing courtesy of Bridge Realty, LLC (Adam Alexander). MLS #7116470.
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How it compares
1437 Minnehaha Avenue W, Saint Paul, MN 55104 is a 5-bedroom multi-family home built in 1919 in Hamline-Midway, listed for $409,900 on August 19, 2026 by Bridge Realty, LLC. That is in the upper quarter of the 111 multi-family homes for sale in Saint Paul right now (median $314,999; $160 per square foot here against $153 for the group). That works out to $160 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Saint Paul community guideSchools, commutes, parks, home values and local stories.
- Hamline-Midway, Saint PaulThe neighborhood guide: homes, history, parks and market numbers.
- Saint Paul housing market, September 2026Homes sold for a median $300,000 over 12 months (0.0%), 48 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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