Exceptional investment opportunity in the heart of North St. Paul’s vibrant and increasingly sought-after hipster district. This well-maintained duplex at 2506 7th Ave E offers both strong cash flow and long-term upside, currently generating approximately $40,000 in annual gross income with both units occupied. Rich in character and local history, this unique property was originally built in 1888 and served as the city’s first city hall and fire department, offering a rare opportunity to own a true piece of North St. Paul’s heritage. The standout feature is the 2506 unit, offering approximately 2,400 finished square feet, including a fully finished third level dedicated to an expansive primary suite. This versatile space provides flexibility for a variety of useswhether as a luxurious private retreat, home office, creative studio, or additional living area to suit tenant needs. Both units offer comfortable living spaces with solid rental appeal, making this an ideal option for investors or owner-occupants looking to offset their mortgage with rental income. Located within walking distance to local restaurants, coffee shops, grocery stores, and everyday conveniences, this property delivers a unique blend of character, history, and accessibility that continues to attract strong tenant demand. With some additional cosmetic improvements to the exterior, this property presents a true diamond in the roughan excellent opportunity for an owner-occupant or contractor to build immediate equity while capitalizing on the strong rental income already in place. Whether you're looking to expand your portfolio or secure a property with both income and upside, this duplex offers a compelling combination of location, flexibility, and historic significance. Rental rates currently below market.
| MLS # | 7065827 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1887 |
| Days On Site | 113 |
| Listing Provided By | eXp Realty | The Snyder Team |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,600 |
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Zoning | Business/Commercial |
| Acreage | 0.21 |
| Heating | Forced Air |
|---|
| Roof | Age Over 8 Years, Asphalt |
|---|---|
| Lot Features | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Parking Features | Attached Garage, Asphalt, Shared Driveway, Garage Door Opener |
|---|
| Property | 8942 |
|---|
| State | MN |
|---|---|
| County | Ramsey |
| City | North Saint Paul |
| Zip Code | 55109 |
| School District | 622 |
| High School | North St Paul-Maplewood |
| Listing VS Median (in 55109) | |
Price: $525,000 low | high Med: $350,000 sqft: 3,600 low | high Med: 1,779 $ / sqft: $146 low | high Med: $197 On site: 113 low | high Med: 73 | |
| State | MN |
|---|---|
| County | Ramsey |
| City | North Saint Paul |
| Zip Code | 55109 |
| School District | 622 |
| High School | North St Paul-Maplewood |
| Listing VS Median (in 55109) | |
Price: $525,000 low | high Med: $350,000 sqft: 3,600 low | high Med: 1,779 $ / sqft: $146 low | high Med: $197 On site: 113 low | high Med: 73 | |