$ 350,000
-
$350,000
Price -
5
Bed -
3
Bath -
2,253
SqFt -
0.28
Acre
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About the Listing 5878 - 506069381,502054525
Rare opportunity for investors and developers in Saint Paul's high-demand Hamline University corridor. Set on an oversized lot spanning more than a quarter acre, just minutes from Hamline University and several nearby colleges, this property offers immediate rental income with long-term development potential. The three-story home was previously zoned as a duplex and can accommodate up to six residents, making it well-suited for student housing or other high-demand rental opportunities. The unfinished lower level provides additional space for future expansion or value-add improvements. Outside, the detached garage, generous garden area, and oversized yard offer flexibility today, while the lot itself presents compelling redevelopment potential. With consistent rental demand fueled by the surrounding universities, this is a rare opportunity to generate income now while exploring future multifamily development, subject to city approvals.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full / 1 Three-Quarter
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
- Air Cond: Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 2253
- Basement: Full
- Other: Hardwood Floors,Natural Woodwork,Walk-In Closet,Main Floor 3/4 Bath,Upper Level Full Bath,Separate/Formal Dining Room,3 BR on One Level,4 BR on One Level
- Water: City Water/Connected
Exterior Details
- Lot Description: Public Transit (w/in 6 blks)
- Garage Capacity: 2 car
- Lot Dimensions: 67x181
- Zoning: Residential-Single Family
- Roof: Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $5,450
- Taxes w/Assessments: N/A
- Tax/Property ID: 272923340108
- Tax Year: 2026
Payment Calculator
Monthly Payment
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1437 Englewood Ave Saint Paul, MN 55104
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