609 Portland Avenue, Saint Paul, MN 55102 (MLS# 7039926)

609 Portland Avenue, Saint Paul, MN 55102

$699,900
Property Type: Commercial Bedrooms: 10 Baths: 5 Square Footage: 7,500 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $699,900 List Date: 3/20/2026 Last Modified: 6/26/2026

Overview

Description

This is a wonderful investment opportunity in the heart of Ramsey Hill. 4 large apartments and 1 efficiency (in the lower level). All the units have been updated over time and all have 1 off street parking space in the back. This wonderfully kept building still has all the Old World Charm one would expect, yet surfaces have been touched with modern conveniences. 48 hour noticed required. One unit on the first viewing is available and for 2nd showings, one may see all units. This is a wonderful way to assure your retirement income! See supplement for a long list of terrific improvements. Laundry located in the basement.

Listing Details MLS# 7039926

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront YN
No
Year Built
1915
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2500
For Sale or Lease
For Sale
Acres
0.17
Lot Dimensions
55 x 144
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Ductless Amenities Shared: Coin-op Laundry Owned Amenities Unit: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable Basement: Storage Space; Unfinished CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Fencing: None Flooring: Tile; Vinyl/Linoleum; Wood Foundation: Stone Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Separate; Hot Water Common Parking Characteristics: Parking Lot; Assigned Pool Description: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Wall Description: Plaster Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
699900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
609
Street Name
Portland
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55102
Complex/Dev/Subdivision
Subdivision Of Blocks 17 &, 23

Assessments

Tax With Assessments
14522

Building Information

Building Finished SqFt
5600
Building SqFt
7500
Ceiling Height
8-10

More Information

Income and Expenses

Annual Electric Expense
3731
Annual Gross Income
72480
Annual Insurance Expense
7658
Annual Trash Expense
1008
Annual Water/Sewer Expense
1563
Total Annual Expenses
26759

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
01
Township#
28

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Monthly Rent
1135
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Total SqFt
950
Leased?
Yes
Lease Expiration Date
2026-04-30

Unit 2

No. of 2 Bedroom Units
5
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Monthly Rent
1125
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2
Unit Total SqFt
950

Unit 3

Lease Expiration Date
2026-06-30
Leased?
Yes
Monthly Rent
1645
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
3
Unit Total SqFt
950

Unit 4

Full Baths
Yes
Lease Expiration Date
2026-05-31
Leased?
Yes
Monthly Rent
1185
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
4
Unit Total SqFt
950

Unit 5

Full Baths
Yes
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
Below Ground
Monthly Rent
950
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
5

Unit Details

Total Units
5
IDX
Listing Office: Verve Realty
Last Updated: June - 26 - 2026
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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.