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Pending
  • $829,999

    1599 Rice St, Saint Paul, MN 55117

    14beds
    6baths
    5,230sqft
    : 
    Quadruplex
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Wood flooringModern amenitiesStainless steel appliancesIndividual hvac systemsAmple storage
    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)
    74 days
    on Zillow
    |
    411
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 09:01am

    Listed by:

    David Kampmeyer 612-718-4444,

    Real Broker, LLC,

    Grant Johnson, GRI 651-324-3787

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6728027MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    Heating
    • Forced Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 5,230
    • Total interior livable area: 5,230 sqft
    • Finished area above ground: 5,230
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached
    • Attached garage spaces: 4
    • Details: Garage Dimensions (25.1 x 12.2)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 9,147.6 Square Feet
    • Dimensions: 75ft x 123ft x 75ft x 123ft
    Details
    • Foundation area: 4004
    • Parcel number: 242923110128
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding
    Condition
    • Age of Property: 21
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water - In Street

    Community & HOA

    Community
    • Subdivision: Rice Street Villas
    Location
    • Region: Saint Paul

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $15,600
    • Annual tax amount: $12,228
    • Date on market: 5/29/2025
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