768 Lafond AvenueSaint Paul, MN 55104
$275,000
2 bedrooms · 2 bathrooms · 1,552 finished sq ft · 0.113 acre lot
About this home
INVESTORS—STOP SCROLLING! Two-unit income property with both units rented, including a nearly 30-year tenant, plus newer roof/windows and brand-new exterior paint. Strong rental history + established tenants + FHA-friendly = a smart addition to any investment portfolio. This is the type of investment buyers look for—established rental history, minimal turnover, and a property you can start earning from immediately. The upper-level unit has been occupied by the same tenant for nearly 30 YEARS, providing exceptional stability and a proven rental history. The lower-level unit is updated and well-maintained, featuring fresh paint, modern kitchen, in-unit laundry, upgraded bathroom, and new kitchen flooring, while retaining charming original character. Brand-new exterior paint, newer roof and windows, and a 2-car garage add to the property's appeal and help minimize future maintenance concerns. Tenants pay gas and electric, manage lawn care and snow removal, and share the garage. FHA buyer friendly! Whether you're an experienced investor expanding your portfolio or looking for your first income property, this duplex offers the opportunity to build equity while collecting rental income from day one. And the location delivers: just blocks from light rail and bus lines, restaurants, entertainment, and Ryan Park. Two units. Two established tenants. Strong rental history. Recent improvements. Excellent location. Don't overlook this opportunity to add a solid, income-producing property to your portfolio!
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1886
- Bedrooms
- 2
- Bathrooms
- 2
- Finished sq ft
- 1,552
- Lot
- 0.113 acres
- Garage
- 2 stalls
- Basement
- Full, Unfinished
- Heating
- Natural Gas
- Property taxes
- $4,444 a year
- Listed
- September 14, 2026
- MLS number
- 7140536
Listing courtesy of Kris Lindahl Real Estate (Kris Lindahl). MLS #7140536.
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How it compares
768 Lafond Avenue, Saint Paul, MN 55104 is a 2-bedroom multi-family home built in 1886 in Frogtown, listed for $275,000 on September 14, 2026 by Kris Lindahl Real Estate. That is in the middle range 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 9:09 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.
- Frogtown, 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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