1221 Ross AVE, Saint Paul, MN 55106 - MLS#6819027

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$224,900

Est. payment - /mo

2,011 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,011 sqft

Price per Sqft $111

MLS Listing ID 6819027

Year Built 1923

Annual Tax Amount $2,908

Tax Year 2025

Contingent None

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 46*127

Property Sub-Type Duplex Up and Down

Property Description

This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.

Location

State MN

County Ramsey

Rooms

Basement Block

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Gravel

Building

Story Two

Foundation 1051

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Slate

New Construction false

Schools

School District St. Paul

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Listed by Johnny Vang • eXp Realty

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