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  • $397,000

    1555 McAfee St, Saint Paul, MN 55106

    5beds
    3baths
    2,970sqft
    Duplex Side by Side
    Built in 1967
    -- sqft lot
    $399,500 Zestimate®
    $134/sqft
    $2,221 Estimated rent

    Home value

    $399,500

    $360,000 - $443,000

    $2,221/mo

    Zestimate® history
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    $2,496/mo

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    What's special

    Investment Alert! Seize this exceptional opportunity to own a meticulously maintained side-by-side duplex, ideally situated just five blocks from the recreational haven of Lake Phalen and backing directly onto the scenic Bruce Vento Trail! This income-generating property delivers immediate cashflow or the chance for owner occupancy. On one side, a spacious 3-bedroom, 1.5-bathroom unit is securely leased through August 2025, generating a solid $1,700 per month. The adjacent 2-bedroom, 1-bathroom unit offers flexible income with a month-to-month tenancy currently at $1,300 per month. Both units benefit from a convenient shared laundry area featuring a new washer and dryer (2019) and abundant dedicated storage space. This isn't just about location – significant recent investments ensure worry-free ownership. Imagine a resurfaced asphalt driveway (2021) leading to updated garage with new door openers, rails, springs and rollers (2019). Above, a brand-new roof, gutters, fascia, and soffit (2022) provide lasting protection. Inside, tenants enjoy comfort with new, efficient Furnace and A/C units installed in 2022, backed by an impressive 10-year parts & labor warranty! A 2019 radon mitigation system and updated windows add peace of mind. Plus, both units feature updated appliances, enhancing tenant satisfaction. Beyond the property itself, the location is unbeatable. Residents enjoy effortless access to the outdoor activities and beauty of Lake Phalen and can step directly onto the Bruce Vento Trail for biking, walking, and recreation. Adding to the investment appeal, the property holds a Rental License and Certificate of Occupancy valid through 2031, streamlining operations for the new owner. Don't miss this chance to acquire a turnkey investment property in a sought-after St. Paul location, offering immediate cashflow, recent high-value upgrades, and exceptional tenant appeal!

    Zillow last checked: 8 hours ago

    Listing updated: June 22, 2025 at 07:03am

    Listed by:

    Jessica Luu 952-290-0229,

    Northstar Real Estate Associates

    Bought with:

    Allison Deal

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6719567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Block,Daylight,Drainage System,Egress Window(s),Finished,Concrete,Shared Access,Storage/Locker,Storage Space,Sump Pump
    Interior area
    • Total structure area: 2,970
    • Total interior livable area: 2,970 sqft
    • Finished area above ground: 1,810
    • Finished area below ground: 610

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Fencing: Chain Link
    Lot
    • Size: 8,276 sqft
    • Dimensions: 60 x 134 x 60 x 137
    • Features: Wooded
    Details
    • Foundation area: 1160
    • Parcel number: 222922230127
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Materials
    • Stucco
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • Age of Property: 58
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Saint Paul
    • Subdivision: Lakeview Add 1

    Price history

    DateEventPrice
    6/20/2025Sold$397,000+3.1%$134/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719567
    5/25/2025Pending sale$384,900$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719567
    5/15/2025Listed for sale$384,900+42.6%$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6719567
    9/19/2019Sold$269,900+0.3%$91/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5277331
    8/12/2019Listed for sale$269,000+212.8%$91/sqft
    Source: Counselor Realty, Inc #5277331

    Public tax history

    YearProperty taxesTax assessment
    2024$5,544 +7.9%$346,900 +0.9%
    2023$5,140 +17.7%$343,900 +9.2%
    2022$4,368 +5.5%$315,000 +19.5%

    Find assessor info on the county website

    Neighborhood: Greater Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $399,500

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $399,500