For Sale Multi-Family MLS# 7086068

197 Kent Street

Saint Paul, MN 55102

$925,000

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About 197 Kent Street

Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1889
Stories
Two
Living area
4,748 sqft
Price / sqft
$195
Lot
0.191
Original price
$995,000
MLS #
7086068

Interior

Features
Forced Air, Other
Heating
Forced Air

Exterior & lot

Features
Wood
Construction
Two, Other
Foundation
Other
Lot
012823220284
Garage spaces
4

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$4,946
Tax year
2025
Parcel
012823220284

Location

Subdivision
Cic 401 Kent House Condo
County
Ramsey
Neighborhood
Summit-University
Community
Ramsey, northstar, St. Paul
Directions
Head East/Northeast on West 7th Street (MN-5) toward downtown St. Paul.Turn left onto I-35E North.Merge onto I-94 West (toward Minneapolis) via exit 107A.Take the Dale Street exit (Exit 240) and turn left (south) onto N Dale Street.Continue south on Dale Street, then turn left onto Dayton Avenue.Tur

Location

Neighborhood
Summit-University
Subdivision
Cic 401 Kent House Condo
School district
St. Paul Public School District

Ask about this property

Questions on 197 Kent Street, Saint Paul, MN 55102, or want to see it in person?

Listed by Stephanie Chandler Group, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.