Search
Triplex with Hardwood Floors
New
For Sale
$250,000

1489 Sherburne Ave, Saint Paul, MN 55104

Separate utility meters and an upper-level kitchenette serve the property's multi-unit configuration.

Property Size3,098 SF
Price / SF$80.70
Days on Market5

Property Features for 1489 Sherburne Ave

General Information

Standard status Active
Size 3,098 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $10,062
Listing Agency: RE/MAX Results
Listed By: Amy S Piggee · License #20484648
Source: Exprealty
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This 3,098-square-foot triplex has original hardwood floors and leaded-glass windows. The main-floor kitchen was updated approximately 10 years ago, and the upper-level unit has a kitchenette. A full second-floor kitchen could allow that level to operate as an independent rental unit.

The property has three electrical meters, two gas meters, and separate electrical panels. The roof was replaced approximately 15 years ago. Tenants currently pay utilities, including water.

Key Highlights

  • 3,098‑square‑foot triplex
  • Three electrical meters, two gas meters, and separate electrical panels
  • Upper‑level kitchenette; adding a full kitchen could support independent use

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Butcher Pet Store Pet Store & Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,833
Businesses Nearby

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Separate utility meters and an upper-level kitchenette serve the property's multi-unit configuration.
Where is this triplex located?
The property is located at 1489 Sherburne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,098‑square‑foot triplex; Three electrical meters, two gas meters, and separate electrical panels; Upper‑level kitchenette; adding a full kitchen could support independent use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message