Active

Price cut: $11K (3/26)

$799,000

1599 Rice St, Saint Paul, MN 55117

14beds

6baths

5,230sqft

Est.:

Fourplex

Built in 2004

-- sqft lot

$-- Zestimate^®

$153/sqft

$-- HOA

What's special

Wood flooringStainless steel appliancesSide-by-side refrigeratorsModern amenities throughoutIndividual entrancesAmple storageAttached garages

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)

325 days

473

20

Tour with a local agent

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: Fourplex

Condition

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: $153/sqft
Tax assessed value: $15,600
Annual tax amount: $12,228
Date on market: 5/29/2025
Cumulative days on market: 221 days

Estimated market value

Not available

Estimated sales range

Not available

$2,031/mo

Price history

Date	Event	Price
4/2/2026	Listed for rent	$1,800
Source: Zillow Rentals Report a problem
3/26/2026	Price change	$799,000-1.4%$153/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
2/20/2026	Pending sale	$810,000$155/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
12/18/2025	Price change	$810,000-2.4%$155/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
11/6/2025	Listed for sale	$829,999$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
10/30/2025	Pending sale	$829,999$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
10/3/2025	Listed for sale	$829,999$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
8/4/2025	Pending sale	$829,999$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
5/29/2025	Listed for sale	$829,999+167.7%$159/sqft
Source: NorthstarMLS as distributed by MLS GRID #6728027 Report a problem
12/29/2009	Sold	$310,000$59/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1691259 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2022	--	--
2021	$348 +10.1%	$15,600
2020	$316 +0.6%	$15,600
2019	$314	$15,600
2018	$314 -9.8%	$15,600
2017	$348	$15,600
2016	$348 +10.1%	--
2015	$316 -7.1%	$15,600
2014	$340 -2.3%	--
2013	$348 +8.1%	--
2012	$322 +13.4%	--
2011	$284	--
2010	--	--
2009	$1,084 +145.2%	--
2008	$442 -1.3%	--
2007	$448 -1.3%	--
2006	$454 -18.9%	--
2005	$560	--