Property Listing
Description
Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities. Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
Property Information
Status: Active
Sub Type: ********
List Price: $470,250
MLS#: 7074751
Current Price: $470,250
Address: 891 Iglehart Avenue, Saint Paul, MN 55104
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: 44.949687
Geo Lon: -93.137813
Subdivision: Fairbanks Add To The, City
County: Ramsey
Property Description
Year Built: 1889
Lot Size SqFt: 4791.6
Gen Tax: 12384
Specials Inst: 4348
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4485
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: