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768 Lafond Avenue, Saint Paul, MN 55104

Status: For Sale

2 units
1,552 sq ft 2 garage spaces

$275,000

$10,000 from List Price

WELCOME HOME

Get to know this property.

INVESTORS—STOP SCROLLING! Two-unit income property with both units rented, including a nearly 30-year tenant, plus newer roof/windows and brand-new exterior paint. Strong rental history + established tenants + FHA-friendly = a smart addition to any investment portfolio. This is the type of investment buyers look for—established rental history, minimal turnover, and a property you can start earning from immediately. The upper-level unit has been occupied by the same tenant for nearly 30 YEARS, providing exceptional stability and a proven rental history. The lower-level unit is updated and well-maintained, featuring fresh paint, modern kitchen, in-unit laundry, upgraded bathroom, and new kitchen flooring, while retaining charming original character. Brand-new exterior paint, newer roof and windows, and a 2-car garage add to the property's appeal and help minimize future maintenance concerns. Tenants pay gas and electric, manage lawn care and snow removal, and share the garage. FHA buyer friendly! Whether you're an experienced investor expanding your portfolio or looking for your first income property, this duplex offers the opportunity to build equity while collecting rental income from day one. And the location delivers: just blocks from light rail and bus lines, restaurants, entertainment, and Ryan Park. Two units. Two established tenants. Strong rental history. Recent improvements. Excellent location. Don't overlook this opportunity to add a solid, income-producing property to your portfolio!

The details that matter.

General Property Information for 768 Lafond Avenue, Saint Paul, MN 55104 - MLS# 7140536
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1886
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
1,552
Total Fnsh'd SqFt:
1,552
Above Ground SqFt:
1,552
Finished Above Grade:
1,552
Below Ground SqFt:
830
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
440
Main Floor SqFt:
832
Approx Lot Dimensions:
40 x 126
Approx Number of Acres:
0.113
Income and Expenses
Gross Income:
$26,400
Total Expenses:
$0

A closer look at the location.

Dale St. to Lafond Ave. West to property

This listing has been entered by the following office: Kris Lindahl Real Estate

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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