Fully occupied 6-plex on the Eastside with (5) 2-bed & (1) 1-bed units, plus a garage on a large lot. Great investment opportunity already producing positive cashflow, with value-add opportunities including adding additional unit(s). Owner pays for gas, water and trash. Tenants currently pay all utilities through a charge-back fee.
MLS ID: 7018831
Directions: 35E to Maryland, East on Maryland Ave to Desoto, South on Desoto to Property
MLS #: 7018831
Listing courtesy of: Stepping Stone Brokers LLC
Price: $544,900
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Current Use: Residential
Total Units: 6
Annual Gross Income: $75,616
Net Operating Income: $19,550
Operating Expense: $56,066
Tenant Pays: All Utilities
Parking Features: Detached Garage, Shared Driveway, Gravel
Garage Spaces: 2
Owner Occupied: No
AccessibilityFeatures: None
Roof: Age Over 8 Years
Heating: Boiler, Hot Water
Cooling: Window Unit(s)
Year Built: 1882
Foundation Area: 1,895
Amenities - Unit: Balcony, Porch
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Common, Heating Common, Hot Water Common
Complex/Dev/Sub Name: Edmund Rices First Add Lot 17 Blk 08
Lot Dimensions: 51x132x50x132
Road Frontage: City Street
District: St. Paul
District Number: 2102
District Phone: 6517678100
County: Ramsey
Survey Range: 22
Survey Section: 29
Survey Township: 29
Tax Year: 2025
Tax Amount: $10,849
Assessment Pending: Yes
Taxes w/Assessments: $11,610
This listing was last updated by Stepping Stone Brokers LLC on 2/27/2026 at 6:23 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 3/18/2026 6:25 am.
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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