1607 Van Buren Avenue, Saint Paul, MN 55104
MULTI_FAMILY - Saint Paul, MN
- Added:
- Jul 1, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 1 at 4:06 pm
Property Features for 1607 Van Buren Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 3, Basement, Bedroom 2, Bedroom 8, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 1
- Parking features
- Garage - Detached
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 332923110007
- Size
- 3,392 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7132
Utilities
- Heating system
- Oil
Building Details
- Year built
- 1909
Listing agent Gregory Mark Ebacher (612) 751-9303
Listing office eXp Realty 4525 White Bear Parkway Suite 122, White Bear Lake, MN (320) 500-4397
Listing date Jul 1, 2026
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.
HighLights
- Rare side‑by‑side duplex in St. Paul’s Hamline‑Midway with over 5,100 finished SF, 8 bedrooms, and 4 bathrooms
- Each unit has private entrances and single‑family‑style layouts with multiple finished levels
- 6,100 SF lot with off‑street parking and private outdoor space
- Two‑car detached garage; exterior includes vinyl siding; oil heat
- Assumable mortgage available at 3.99% (buyer must qualify); one unit becomes vacant at the end of the month
- Recent improvements include new appliances and other updates
Overview
The seller notes an assumable mortgage available at 3.99% for a qualified buyer, and the list price has been reduced by $20,000. One unit is scheduled to become vacant at the end of the month. The recently marketed vacant unit was listed at $2,600 per month and generated multiple interested inquiries.
Located at 1607 Van Buren Avenue in Saint Paul (near Allianz Field, the Green Line light rail, major universities, and shopping and dining), the property supports a variety of strategies, including owner-occupancy or purchasing for rental income alongside a second unit. The private-entrance design and multi-level layouts may be well-suited for tenants who want more single-family-style space within a duplex setting.
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 | $75.3k | $22.20 |
| − Vacancy | −$4.5k | −$1.33 |
| EGI | $70.8k | $20.87 |
| − OpEx | −$21.2k | −$6.26 |
| NOI | $49.6k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.16827
- Latitude
- 44.962225
