2 months on rocket

1123 Payne Ave, Saint Paul, MN, 55130

$305,000

Home List Price

$3,622*

Closing Credit

0 Baths
2,114 SqFt
$144/SqFt
Multi

Location

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1123 Payne Ave, Saint Paul$305,000

Buyer Closing Credits

$3,622*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Open
Year Built1894
HeatingSteam
BasementYes
MLS #6597989
StatusActive

About 1123 Payne Ave

Back on the Market! Buyer had to cancel for reasons unrelated to the property! Excellent opportunity for a turnkey four-plex with amazing cash flow, option to owner occupy! Property projected to generate $3,800 in monthly rent. Conveniently located on Payne, walking distance to delicious restaurants, grocery and shopping. Each unit comes with designated parking spot. Units have been renovated and are in great condition! Units 1 and 2 share a small common entryway with unit 1 located on the main level and unit 2 located up a flight of stairs. Unit 3 has private entryway with access to the unfinished lower level with laundry hookup. Unit 4 has direct access from the back of the property. Property features secure, keyless entry.

Property Details

Property Features

Property Information:

  • Year Built: 1894
  • Living Area: 2,114 SqFt

Listing Office:

  • Office Name: Welcome Home Productions, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Open

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: From 35E, take Maryland exit and head E. R on Payne Ave. Home on RH side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $305,000
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $9,182
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Saint Paul, MN.

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Saint Paul, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$201

Avg. Days On Market

32

# of Sold Homes

219

1123 Payne Ave vs Saint Paul

66 DAYS ON ROCKET

+34 Days

$305,000

+$14.9K More

$144/SqFt

-$57 Less

KEY TAKEAWAY

This property is $14.9K more than the Median Sold Price and $57/SqFt less than other homes in Saint Paul, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6597989

Listing Office:

  • Office Name: Welcome Home Productions, LLC

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Last updated on: 11/23/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2004Home Sold
$180,500
Dec 30, 1998Home Sold
$53,021

Tax History

YEARPROP. TAXASSESSMENT
2021$9,182$308,400
2019$9,724$286,400
2018$7,312$250,300
2017$6,024$218,400

History based on county public records data.

Payment Calculator

$1,590

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$981

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1026688
2
/10

  • Community of Peace Academy Elementary School

  • 471 Magnolia Ave E

  • 0.32 miles

  • Public Charter Grades PK-4

school-card-donut-1026689
1
/10

  • Bruce Vento Elementary School

  • 409 Case Ave

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-1026690
1
/10

  • Life Preparatory

  • 930 Geranium Ave E

  • 0.60 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,538. The majority of Saint Paul, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Ramsey County›Saint Paul›55130›1123 Payne Ave

This home is located at 1123 Payne Ave in Saint Paul, MN and zip code 55130 in the Payne-Phalen neighborhood. This 2,114 square foot home was built in 1894. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $305,000.

In October 2024, from all listings sold in Saint Paul, MN there were more than 81 sold above asking price, over 90 sold below and more than 48 were sold right at the asked price. In October 2024 in Saint Paul, MN there were 7.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 32 days, the median list price was $290,058.

From Rocket Homes Real Estate and based on county public records data.

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