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690 Western Ave N

$459,900

690 Western Ave N, Saint Paul, MN 55103

Active
Last Updated: 08/15/2025

3,322 sqft

Building Size

0.14 acres

Lot Area

Details:
Building Size:    3,322 sqft
Lot Area:    0.14 acres
Units:    2
Year Built:    1905
Zoning:    Residential-Multi-Family
Roof:    Age 8 Years or Less
GrossIncome:    $56,400
Highlights:
  • Days on Market: 15
  • Parking Features: Driveway - Gravel, Driveway - Other Surface, Other
  • Lot Size Dimension: 138x 45
Description:

Key Highlights:
1% Rule for investors!
CAP Rate: 8% where the average for the area is much lower!
DSCR: 1.21 See supplements for the breakdown!
$56,400 in Annual Income
Huge Lot – Add a Garage to Boost Rent Potential!
Fully Leased BUT you can OWNER OCCUPY for the OWNER OCCUPY BUYERS

This fully renovated, cash-flowing duplex brings in over $56,400 annually and offers serious upside. Situated on a large lot with room to add a detached garage, increasing rents even further is well within reach.

Key Highlights:
CAP Rate: 8% where the average for the area is much lower!
DSCR: 1.21 See supplements for the breakdown!
$56,400 in Annual Income
New Roof in 2024
Major Renovation in 2012: New windows, siding, electrical, plumbing, and full interior remodel.
Functional Layout: 4BR lower unit and 5BR upper unit—high bedroom count means more rental income.
Updated Upper Unit in 2025: Fresh paint, updated modern kitchen, newer appliances, updated bath, in-unit washer/dryer.
Updated Lower Unit in 2025: Retiled the lower level bathroom. Long term tenant in lower level.
Reliable Cash Flow: Long-term tenant in the lower unit, recently rented upper unit with solid rent history.
Turnkey & Low Maintenance: All major systems and mechanicals have been updated.
This property checks all the boxes for a savvy investor—strong returns, low maintenance, and growth potential. Don’t miss out on one of the best cash-flowing duplexes available!

Schedule your showing today before it’s gone!

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