Closed
$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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Owner options
Explore your selling options
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#: 6719567
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
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $397,000+3.1%$134/sqft |
Source: | ||
| 5/25/2025 | Pending sale | $384,900$130/sqft |
Source: | ||
| 5/15/2025 | Listed for sale | $384,900+42.6%$130/sqft |
Source: | ||
| 9/19/2019 | Sold | $269,900+0.3%$91/sqft |
Source: | ||
| 8/12/2019 | Listed for sale | $269,000+212.8%$91/sqft |
Source: Counselor Realty, Inc #5277331 | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Frost Lake Magnet Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Battle Creek Middle SchoolGrades: 6-8Distance: 3.4 mi
- 2/10Johnson Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$399,500
Get a cash offer in 3 minutes
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

