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Updated 4-Plex Residential Income

1630 Hague Avenue Saint Paul, MN 55104

1630 Hague Avenue, Saint Paul, MN, 55104
$1,149,000
For Sale
Claim this Listing
$1,149,000

MULTI_FAMILY - Saint Paul, MN

Property Size4,628 SF
Lot Size0.11 Acres
Price / SF$248.27
AddedMar 5
Days on Market132
Last RefreshJul 15 at 12:06 pm

Property Features for 1630 Hague Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 2, Basement, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 8, Bedroom 7
Parking features
On Street, Assigned
Exterior features
Brick/Stone, Stucco
Standard status
Active
APN
042823110120
Size
4,628 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
16393

Utilities

Heating system
Radiant, Oil, Hot Water(Heating)

Building Details

Year built
1922
Building materials
Brick, Stone
Roof type
Flat

Listing agent The Huerkamp Home Group

Listing office Keller Williams Preferred Rlty 14300 Nicollet Court Suite #208, Burnsville, MN

Listing date Mar 5, 2026

MLS# 7013399 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This updated four-plex includes four fully renovated units while retaining original character elements such as buffets and rich woodwork. Interiors feature granite countertops, gas cooktops, and stainless steel appliances, along with remodeled bathrooms and newer windows. The property also has a high-efficiency boiler and updated laundry equipment for efficient day-to-day operation. A dry, unfinished basement provides ample storage and offers room for potential future expansion.

The property is located in Saint Paul, near the University of St. Thomas and convenient transit lines. It sits in the Merriam Park/Union Park neighborhood and is described as only steps from the Grand Avenue corridor.

For buyers seeking a turn-key residential income asset, the combination of full-unit renovations and updated building systems supports smoother management and tenant convenience. With four separate units, the property offers diversified residential income within a single building, along with the added benefit of basement storage space to help support operational needs.

Key Highlights

  • 4‑plex built in 1922 with brick/stone and stucco exterior and a flat roof
  • All four units fully renovated with granite countertops, gas cooktops, and stainless steel appliances
  • Remodeled bathrooms and newer windows throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $102.7k $22.20
− Vacancy −$6.1k −$1.33
EGI $96.6k $20.87
− OpEx −$29.0k −$6.26
NOI $67.6k $14.61
4,628 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$966.0K
$845.2K – $1.13M (±1% cap)
NOI $67,618 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$887.2K
$776.3K – $1.04M (±1% cap)
NOI $62,106 @ 7.0% cap · market cap 5.41%
Theoretical Best
Healthcare Medical
$1.14M
$996.5K – $1.33M (±1% cap)
NOI $79,722 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Accounting Firm Pet Store Pet Store & Service Garden Center Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully renovated four-unit property with modern kitchens, remodeled baths, and updated systems designed for everyday tenant appeal.
Where is this quadplex located?
The property is located at 1630 Hague Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 4‑plex built in 1922 with brick/stone and stucco exterior and a flat roof; All four units fully renovated with granite countertops, gas cooktops, and stainless steel appliances; Remodeled bathrooms and newer windows throughout
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