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Property Listing

Description

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 uses—whether 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 rough”—an 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.



Property Information

Status: Active
Sub Type: ********
List Price: $599,900
MLS#: 7065827
Current Price: $599,900
Address: 2506 7th Avenue E, North Saint Paul, MN 55109
City: North Saint Paul
State: MN
Postal Code: 55109
Geo Lat: 45.010773
Geo Lon: -92.99415
Subdivision:
County: Ramsey

Property Description

Year Built: 1887
Lot Size SqFt: 9147.6
Gen Tax: 8942
Specials Inst: 0
High School: North St Paul-Maplewood
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4800
Style: Array
Total Bedrooms: 7
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:

Property Features

Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities:

701.239.0015

1133-A Harwood Drive, Fargo, ND 58104

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