1221 Ross Ave
$224,900
1221 Ross Ave, Saint Paul, MN 55106
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 11/26/2025
3,016 sqft
Building Size
0.13 acres
Lot Area
Details:
Building Size: 3,016 sqft
Lot Area: 0.13 acres
Units: 2
Year Built: 1923
GrossIncome: $15,600
Highlights:
- Days on Market: 4
- Parking Features: Gravel Lot
- Lot Size Dimension: 46*127
Description:
This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Location
Gallery
