258 Macalester StreetSaint Paul, MN 55105
$599,000
8 bedrooms · 5 bathrooms · 3,378 finished sq ft · 0.132 acre lot
About this home
Nestled on one of the most charming, tree-lined streets in the heart of St. Paul's sought-after Macalester-Groveland neighborhood, this substantial duplex is a turnkey investor's dream. Just steps from Macalester College, this property checks every box — strong rents, virtually zero vacancy, and a location that practically markets itself. The duplex offers a combined 8 bedrooms and 5 bathrooms across two spacious units, providing flexible configurations ideal for student housing, young professionals, or a mix of both. Each unit features generous living spaces, ample natural light, and a functional layout that tenants love. The quiet, residential street strikes the perfect balance — peaceful enough to feel like home, yet walkable to campus, Grand Avenue's restaurants and shops, and easy freeway access. The numbers speak for themselves: this property has a proven track record of renting within days of listing and maintaining near-100% occupancy year after year. With Macalester's consistent enrollment and the perpetual demand for quality housing in this corridor, you're not just buying a property — you're buying a reliable income stream in one of St. Paul's most stable rental markets. Whether you're an experienced investor looking to expand your portfolio or a savvy first-time buyer seeking a high-performing asset, this duplex delivers the cash flow, location, and peace of mind you've been searching for. Opportunities like this don't last — and in this neighborhood, everyone already knows it.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1916
- Bedrooms
- 8
- Bathrooms
- 5
- Finished sq ft
- 3,378
- Lot
- 0.132 acres
- Garage
- 2 stalls
- Basement
- Full
- Heating
- Natural Gas
- Property taxes
- $10,970 a year
- Listed
- May 11, 2026
- MLS number
- 7071923
Listing courtesy of Edina Realty, Inc. (Grant Lahn). MLS #7071923.
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How it compares
258 Macalester Street, Saint Paul, MN 55105 is a 8-bedroom multi-family home built in 1916 in Macalester-Groveland, listed for $599,000 on May 11, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 111 multi-family homes for sale in Saint Paul right now (median $314,999; $177 per square foot here against $153 for the group). That works out to $177 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.
- Macalester-Groveland, 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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