MLS# 6741455 - 1132 Payne Avenue Saint Paul, MN 55130
Excellent investment opportunity in a desirable rental location. well maintained and fully leased, this property offers steady cash flow with upside potential, seller is open to working with creatively structured offers and buyers, including seller paid closing costs and repairs, lets make a deal that works for everyone
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,538 + $469(tax)
Est. Monthly Total: $2,007
*does not include insurance and all numbers are estimated.
Summary
Type: COM | Commercial Sale
Price: $325,000
$109/sf
$5,416,667/acre
Transaction: For Sale
Status: Active
Contingencies: None
Agent Owned: No
Lender Owned: No
Current Use: Commercial, Residential
Zoning: Business/Commercial
Square Footage: 2,970 sq ft
Lot Size: 0.06 acres
Year Built: 1900
Foundation: 1,000 sq ft
Listed at: Wed Jun 18 2025 5:00:00 AM
Listing Age: 41 days
School District: 625-St. Paul | 651-767-8100
Neighborhoods: Payne-Phalen
County: Ramsey
Building Details
In Home Details
Construction Material: Wood Siding
Exterior
Siding: Wood Siding
Utilites
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Other, Natural Gas
Property Details
Garage: Parking Lot
Lot Dimensions: 25x94
Agent Owned: No
Utilities: Electric Separate
Others
School Information
District Number: 625-St. Paul
District Phone: 651-767-8100
Financial Considerations
Tax Property ID: 292922120038
Tax Amount: $5,630 for 2024
Listing Data
Listed Price: $325,000
Days on market: 9 days
First Listed at: Wed Jun 18 2025 5:00:00 AM
Last Updated at: Sat Jun 28 2025 2:03:03 AM
Contingencies: None
Assessments: Unknown
Foreclosure: No
Lender Owned: No
Public Survey
Range: 22
Section: 29
Township: 29
Unit Information
Summary
Rental Units: 3
Unit 1
Actual Rent: $1,300
Unit 2
Actual Rent: $900
Unit 3
Actual Rent: $700

LPT Realty, LLC is the brokerage office representing the owner for this listing.
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The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jeremy Johnson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jeremy Johnson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 29 2025 2:24AM.