1599 Rice Street Saint Paul, MN 55117
Listing Courtesy of: MLS LogoNORTHSTAR MLS / Real Broker, LLC

  1599 Rice Street Saint Paul, MN 55117

Pending (96 Days)
$829,999 (USD)
5,230
SQFT
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Description

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)

MLS #:
6728027
Taxes
$12,228(2025)
Lot Size
9,148 SQFT
Type
Multifamily
Year Built
2004
Style
Two
School District
St. Paul
County
Ramsey County

Listed By

David Kampmeyer, Real Broker, LLC
Source
NORTHSTAR MLS
Last checked Nov 2 2025 at 5:24 AM CST
Bathroom Details
Subdivision
  • Rice Street Villas
Heating and Cooling
  • Forced Air
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Electric
Parking
  • Attached Garage
Stories
  • 2
Living Area
  • 5,230 sqft
Location
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Minnesota Metro are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2025 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.