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1049 Gorman Avenue
West Saint Paul MN 55118 US

$449,900

Active Listing ID 7156355
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6 bed
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2,846 square feet
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3.00 Bath (3 Full)
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Lot: 0.16 Acres
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Triplex

$449,900

Active Listing ID 7156355
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1049 Gorman Avenue Fantastic owner-occupant or investment opportunity! This 6-bedroom, 3-bath triplex offers three separate living spaces with excellent income potential. Turnkey 6-bedroom, 3-bath triplex with strong income potential in West St. Paul. Three separate living spaces include a 1BR/1BA lower unit, 2BR/1BA main-level unit with two living areas and private laundry, and spacious 3BR/1BA upper unit. Rental-grade renovations have already been completed, making this an excellent opportunity for an investor or owner-occupant. Pro-forma rents of approximately $5, 050/month ($60, 600 annually), plus potential garage income. At the $449, 900 asking price, this represents an approximately 8.1% pro-forma cap rate using a 40% operating-expense assumption. Property features a 2+ car detached garage, corner lot and location directly across from a park. Excellent opportunity to acquire a renovated three-unit property with multiple income streams and strong rental potential. The spacious main-level unit features 2 bedrooms, a dining room, private laundry and central air-perfect for an owner-occupant. Live comfortably on the main level while generating rental income from the other two units. The upper-level unit features 3 bedrooms, plus additional attic space for storage. The lower-level unit offers 1 bedroom, kitchen, bathroom, dining room and living room, providing another source of rental income. Laundry shared for Upper and Lower unit. The exterior features low-maintenance vinyl siding and a 2-car garage. A great opportunity to live in one unit while the other units help offset your housing costs-or add a solid multi-unit property to your investment portfolio.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 449900
  • unparsedaddress: 1049 Gorman Avenue
  • postalcity: West Saint Paul
  • stateorprovince: MN
  • country: US
  • postalcode: 55118
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 2846
  • livingareaunits: Square Feet
  • latitude: 44.9146
  • longitude: -93.084008
  • listagentfullname: Joann White
  • listagentemail: joannwhiterealestate@gmail.com
  • listagentkey: 3yd-RMLSMN-49541
  • listagentmlsid: 49541
  • listagentpreferredphone: (651) 214-7258
  • listofficekey: 3yd-RMLSMN-1000694
  • listofficemlsid: 1000694
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1941
  • listingcontractdate: 2026-10-07
  • countyorparish: Dakota
  • parcelnumber: 424810011110
  • highschooldistrict: West St. Paul-Mendota Hts.-Eagan
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage - Detached
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.08401, 44.9146
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ashworth Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"joannwhiterealestate@gmail.com", "ListBrokerageCity":"Andover", "ListBrokerageCountry":"US", "ListBrokerageEmail":"matt@ashworthre.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/1d49671285a211eeba3d0242ac110003k-c46210197r.png", "ListBrokerageName":"Ashworth Real Estate", "ListBrokeragePhone":"(651) 214-7258", "ListBrokeragePostalCode":"55304", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"16034 Norway St NW", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16034 Norway St NW ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1000694", "ListOfficeCity":"Andover", "ListOfficeCountry":"US", "ListOfficeEmail":"agentservices@ashworthre.com", "ListOfficePostalCode":"55304", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, West Saint Paul, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1049-Gorman-Ave_West-Saint-Paul_MN_55118_M82311-26303?f=listhub&s=RMLSMN&m=7156355&c=rexren", "MLSModificationTimestamp":"2026-10-07 18:15:36", "Neighborhoods":[{"Description":null, "Name":"Michel B Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5518, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/7/2026 6:17:17 PM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Joann White, Ashworth Real Estate, joannwhiterealestate@gmail.com

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.