Dwellings Real Estate Team - Dwellings Real Estate Team
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Listing Courtesy Of: RE/MAX Results, Holly Weinstine
Local Realty Services Provided By: Keller Williams Premier Realty North Suburban
Overview
What It'll Cost
Neighborhood
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$225,000
1127 Payne Avenue, Saint Paul, MN 55130
2 Beds
4 Baths
2,021 sq ft
.1 ac
$225,000

1127 Payne Avenue, Saint Paul, MN 55130

Estimation provided by Keller Williams Realty Inc.
2 Beds
4 Baths
2,021 sq ft
.1 ac
Pending
For Sale

Property Description

Endless possibilities await with this unique mixed-use property, offering both commercial and residential potential! The property features a commercial space—perfect for a business or easily convertible into an additional residential unit—attached to three apartment units. Two of the apartments are 1-bedroom, 1-bathroom, while the third is a cozy studio with 1 bathroom.
With its flexible zoning, this property is ideal for an investor, owner-occupant, or entrepreneur looking to maximize income potential. Whether you choose to operate a business, rent out all units, or reconfigure the space to fit your vision, the choice is yours!
While the property does need some TLC, the updates are mostly cosmetic, allowing you to add value and make it your own. Don’t miss out on this fantastic opportunity—schedule your showing today!

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
2,021 sq ft
Year Built
1889
Days on Site
33 Days
HVAC
Gravity
Parking
No
Dwellings Real Estate Team
Lake Minnetonka
40153816

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $225,000
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/19/2025
Price Decrease
$225,000
(-10%)
02/21/2025
Listed
$250,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$6,918
(+20.06%)
$327,800
Land 33,000 + Additions 294,800
2023
$5,762
(+11.41%)
$328,300
Land 33,000 + Additions 295,300
2022
$5,172
(+1.81%)
$262,300
Land 33,000 + Additions 229,300
2021
$5,080
(-3.53%)
$242,900
Land 33,000 + Additions 209,900
2020
$5,266
(+14.33%)
$222,900
Land 33,000 + Additions 189,900
2019
$4,606
(+0.61%)
$199,000
Land 33,000 + Additions 166,000
2018
$4,578
$197,900
Land 33,000 + Additions 164,900
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Dwellings Real Estate Team
Lake Minnetonka
40153816

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