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Triplex with Separate Utility Meters
For Sale
$250,000
Pending

1489 Sherburne Avenue, Saint Paul, MN 55104

Residential Income, Saint Paul, MN

Property Size3,098 SF
Lot Size0.11 Acres
Days on Market30

Property Features for 1489 Sherburne Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Laundry Room, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 8, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 7, Bathroom 3
Parking features Garage - Detached
Lot features Public Transit (w/in 6 blks), Corner Lot
High school district St. Paul
Directions 94 to N on 51/Snelling Ave, Right on Sherburne to home on the left
Standard status Pending
APN 342923230054
Size 3,098 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10062

Utilities

Heating system Oil

Building Details

Year built 1911
Building materials Stone
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Amy S Piggee
Added: Sep 23 Changed: Oct 21 Last Checked: Oct 22 at 6:06AM
MLS# 7141490

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.

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Investment Insights

Based on property information with market context.

This 3,098-square-foot multifamily property contains three units, with a main-floor kitchen and an upper-level kitchenette. Adding a full kitchen upstairs would allow that level to operate as a separate rental unit. The building has original hardwood flooring, leaded-glass windows, stone construction, oil heat, and a detached garage. The main-floor kitchen was updated approximately 10 years ago, and the roof was replaced approximately 15 years ago.

The property occupies a 0.11-acre lot. Separate electrical meters and panels serve the building, along with two gas meters. Tenants pay the utility costs, including water. Room data lists eight bedrooms and three bathrooms.

Key Highlights

  • 3,098 square feet on a 0.11‑acre lot
  • Triplex with 8 bedrooms and 3 bathrooms
  • Three electrical meters, separate electrical panels, and two gas meters

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

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

Frequently Asked Questions

What type of property is this?
Multifamily property - An upper-level kitchenette and distinct utility metering provide flexibility across the three-unit property.
Where is this multifamily property located?
The property is located at 1489 Sherburne Avenue 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 feet on a 0.11‑acre lot; Triplex with 8 bedrooms and 3 bathrooms; Three electrical meters, separate electrical panels, and two gas meters
More about this property
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