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1599 Rice Street
Saint Paul MN 55117 US

$829,999

Active Listing ID 6728027
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14 bed
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Lot: 0.21 Acres
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Other

$829,999

Active Listing ID 6728027
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1599 Rice Street Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5, 230 SF on a .21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages. PROPERTY HIGHLIGHTS : Built in 2004 with modern amenities throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Vinyl
  • Heating Fuels: Forced Air

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 829999
  • unparsedaddress: 1599 Rice Street
  • postalcity: Saint Paul
  • stateorprovince: MN
  • country: US
  • postalcode: 55117
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21
  • lotsizeunits: Acres
  • lotsizearea: 0.21
  • livingarea: 5230
  • livingareaunits: Square Feet
  • latitude: 44.98945
  • longitude: -93.106239
  • listagentfullname: David Kampmeyer
  • listagentemail: david@gjgcommercial.com
  • listagentkey: 3yd-RMLSMN-502266461
  • listagentmlsid: 502266461
  • listagentpreferredphone: 6127184444
  • listagentofficephone: 6513709026
  • listofficekey: 3yd-RMLSMN-200018
  • listofficemlsid: 200018
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. 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: 2004
  • listingcontractdate: 2025-05-29
  • listagenturl: https://www.onereal.com
  • countyorparish: Ramsey-MN
  • parcelnumber: 242923110128
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Attached
  • waterfrontyn: False
  • exteriorfeatures: Vinyl
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.10624, 44.98945
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"david@gjgcommercial.com", "ListBrokerageCity":"St. Paul", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mnbroker@therealbrokerage.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/db07f3e11fd511ed95bf0242ac110002/20221021173159258.png", "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":"(612) 600-6000", "ListBrokeragePostalCode":"55113", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite 439", "ListBrokerageUnparsedAddress":"2355 Hwy 36 West", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListOfficeAddress1":"2355 Hwy. 36 West", "ListOfficeAddress2":"Suite 439", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"St Paul", "ListOfficeCountry":"US", "ListOfficeEmail":"mnbroker@therealbrokerage.com", "ListOfficePostalCode":"55113", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Saint Paul, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1599-Rice-St_Saint-Paul_MN_55117_M71327-06503?f=listhub&s=RMLSMN&m=6728027&c=rexren", "MLSModificationTimestamp":"2025-11-06T11:36:20Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12228, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/21/2025 6:33:08 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: David Kampmeyer, Real Broker LLC, david@gjgcommercial.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.