About This Home

This 8-bedroom, 3-bathroom multi-family at 1489 Sherburne Avenue in Saint Paul, MN is listed for $250,000 ($81 per sqft). Built in 1911, the home offers 3,098 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1911
  • 0.11 acre lot

Property Details

3 full
2-car garage
1911
Listing Description

Unique triplex investment opportunity! Why rent when you can own and have tenants help pay your mortgage? This versatile property features three electrical meters, two gas meters, and separate electrical panels, offering excellent potential for income generation.

The main-floor kitchen was updated approximately 10 years ago, and the upper-level unit includes a kitchenette. With the addition of a full kitchen on the second floor, the upper level could function as a fully independent rental unit, creating even greater income potential.

Tenants currently pay all utilities, including water, helping to maximize cash flow. The property also features beautiful original hardwood floors, classic leaded-glass windows, and a roof that was replaced approximately 15 years ago. Whether you're an owner-occupant looking to offset your housing costs or an investor seeking strong rental income, this property offers tremendous opportunity.

It may also be well-suited for shared housing, room rentals, or other creative investment strategies. Excellent cash-flow potential!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1489 Sherburne Avenue

Saint Paul, MN 55104

Property Details

Construction

Stone

Parking

Garage - Detached

Heating

Oil

Questions & Answers

This 8-bedroom, 3-bathroom multi-family at 1489 Sherburne Avenue is listed at $250,000 ($81/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1911, 0.11 acre lot.

This property is listed by Amy S Piggee.

AP

Amy S Piggee

Agent at RE/MAX Results

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 7141490· Source: Northstar MLS· 39 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1489 Sherburne Avenue, Saint Paul, MN 55104

Open this listing in: