Welcome to an enticing investment opportunity in St. Paul! This meticulously maintained 4-plex presents a prime chance for savvy investors seeking stable returns. Situated in a thriving rental market, this property boasts a consistent rental history, with all units currently leased, providing immediate cash flow. Each of the four units features three bedrooms, catering to tenants seeking ample living space. Additional income stream from on-site coin-operated laundry facilities, providing convenience to tenants while generating extra revenue. Enjoy predictable monthly income with minimal vacancy risks, supported by long-term leases and Section 8 subsidies. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a reliable income-generating asset, this 4-plex presents an exceptional opportunity to capitalize on the thriving rental market in St. Paul. Don't miss out on this chance to secure long-term financial success.
Closed
$620,000
1051 Arkwright St, Saint Paul, MN 55130
12beds
4baths
6,000sqft
Quadruplex
Built in 1911
-- sqft lot
$-- Zestimate®
$103/sqft
$2,031 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,031/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 01, 2025 at 12:03am
Listed by:
Aundrea M. Paskett 651-235-0868,
RE/MAX Professionals
Bought with:
Chris Mosier
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6491504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Partial,Unfinished
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
- Finished area above ground: 4,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt, Electric, Paved
- Garage spaces: 2
- Details: Garage Dimensions (20x24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Fencing: Privacy,Wood
Lot
- Size: 6,969 sqft
- Dimensions: 80 x 85
- Features: Corner Lot, Wooded
Details
- Foundation area: 1200
- Parcel number: 292922230052
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick/Stone
- Roof: Age 8 Years or Less,Rubber
Condition
- Age of Property: 114
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Saint Paul
- Subdivision: Hendricksons Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $620,000-3.1%$103/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6491504 | ||
| 3/20/2024 | Pending sale | $639,900$107/sqft |
Source:  FMARMLS #6491504 | ||
| 3/14/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6491504 | ||
| 2/20/2024 | Listed for sale | $639,900+276.6%$107/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6491504 | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,130 +0.4% | $419,300 -9.8% |
| 2023 | $9,096 +29.5% | $464,700 +3.2% |
| 2022 | $7,026 -2.6% | $450,300 +29.8% |
Find assessor info on the county website
Neighborhood: Payne Phalen
Nearby schools
GreatSchools rating
- 1/10Bruce F Vento Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Washington Tech Secondary MagnetGrades: 6-12Distance: 1.7 mi
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