1599 Rice Street, Saint Paul, MN 55117

Local realty services provided by:Better Homes and Gardens Real Estate First Choice
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1599 Rice Street,Saint Paul, MN 55117
$829,999
  • - Beds
  • - Baths
  • 5,230 sq. ft.
  • Multi-family
  • Pending
Listed by:david kampmeyer
Office:real broker, llc.
MLS#:6728027
Source:NSMLS

Price summary

  • Price:$829,999
  • Price per sq. ft.:$158.7

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:77 day(s) ago
  • Updated:August 04, 2025 at 04:53 PM

Rooms and interior

  • 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:$829,999
  • Price per sq. ft.:$158.7
  • Tax amount:$12,228 (2025)
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