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429 Mount Ida Street, Saint Paul, MN 55130

Status: For Sale

4 units
3,288 sq ft

$499,900

$10,100 from List Price

WELCOME HOME

Get to know this property.

This property is ready to house hack! Owner occupy and get into Real Estate investing with 1 unit freshly remodeled. New floor, appliances, and painted. Well-built four-plex in Railroad Island, one of Saint Paul’s most actively reinvested pockets. Sits a short walk from the Village on Rivoli — the largest new single-family home development the city has seen in decades — plus the Rivoli Bluff urban farm and orchard, Swede Hollow Park and the Bruce Vento Trail. New roof and new gutters in 2025. Long-term tenants and a stabilized rent roll with a mix of self-pay and voucher-assisted income. 431 Mount Ida, second floor, opens October 1 — move in and house hack while the other three units carry the note. Genuine upside for a visionary buyer: build out rentable storage in the basement, frame an additional bedroom below grade, and add up to two bedrooms on each top floor to take those units from 2BR to 3–4BR (buyer to verify egress and permitting with the City of Saint Paul). All tenants have been notified of the pending sale and several have expressed interest in staying. Easy to rent, easy to hold.

The details that matter.

General Property Information for 429 Mount Ida Street, Saint Paul, MN 55130 - MLS# 7136892
Bedrooms and Bathrooms
Total Bedrooms:
8
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1890
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
More Than 2 Stories
Total SqFt:
3,288
Total Fnsh'd SqFt:
3,288
Above Ground SqFt:
4,200
Finished Above Grade:
3,288
Below Ground SqFt:
1,572
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,644
Approx Lot Dimensions:
50 x 102 x 50 x 101
Approx Number of Acres:
0.121
Income and Expenses
Gross Income:
$63,240
Total Expenses:
$0

A closer look at the location.

35E S to University Ave. East on Lafeyette Rd. Left on Ostego St. Left on Mount Idea St to Property.

This listing has been entered by the following office: Keller Williams Premier Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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