768 Lafond Avenue, Saint Paul, MN 55104
$285,000
Property Type:
Multi-Family
Bedrooms:
2
Baths:
2
Square Footage:
2,382
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$285,000
List Date:
9/14/2026
Last Modified:
10/12/2026
Overview
Description
...
(Read more)
INVESTORS—STOP SCROLLING! Two-unit income property with both units rented, including a nearly 30-year tenant, plus newer roof/windows and brand-new exterior paint. Strong rental history + established tenants + FHA-friendly = a smart addition to any investment portfolio. This is the type of investment buyers look for—established rental history, minimal turnover, and a property you can start earning from immediately.
The upper-level unit has been occupied by the same tenant for nearly 30 YEARS, providing exceptional stability and a proven rental history. The lower-level unit is updated and well-maintained, featuring fresh paint, modern kitchen, in-unit laundry, upgraded bathroom, and new kitchen flooring, while retaining charming original character.
Brand-new exterior paint, newer roof and windows, and a 2-car garage add to the property's appeal and help minimize future maintenance concerns. Tenants pay gas and electric, manage lawn care and snow removal, and share the garage.
FHA buyer friendly! Whether you're an experienced investor expanding your portfolio or looking for your first income property, this duplex offers the opportunity to build equity while collecting rental income from day one.
And the location delivers: just blocks from light rail and bus lines, restaurants, entertainment, and Ryan Park.
Two units. Two established tenants. Strong rental history. Recent improvements. Excellent location. Don't overlook this opportunity to add a solid, income-producing property to your portfolio!
Listing Details MLS# 7140536
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1886
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Main Floor Total SqFt
- 832
- Above Ground SqFt
- 1552
- Below Grd Total SqFt
- 830
- Total SqFt
- 2382
- Foundation Size
- 832
- Style
- (MF) Duplex Up and Down
- Total Finished Sqft
- 1552.00
- Garage Stalls
- 2
- Lot Dimensions
- 40x126
- Acres
- 0.11
- Assessment Pending
- No
Property Features
Accessible:
None
Basement:
Full; Unfinished
Construction Status:
Previously Owned
Existing Financing:
Conventional
Exterior:
Wood
Foundation:
Brick/Mortar
Fuel:
Natural Gas
Heating:
Boiler
Laundry:
Main Level
Lock Box Type:
Combo
Lot Description:
Public Transit (w/in 6 blks); Railroad Access
Owner Pays:
Maintenance/Repair; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water
Sellers Terms:
Cash; Conventional; FHA; VA
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Cable TV; Electricity; Gas
Unit 1 Amenities:
Hardwood Floors; Main Floor Primary Bedroom; Washer/Dryer Hookup
Unit 1 Appliances:
Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 1 Bath Description:
Main Floor 3/4 Bath
Unit 1 Cooling:
Window
Unit 1 Dining Room Description:
Eat In Kitchen
Unit 1 Special Search:
All Living Fac. on One Level; Main Floor Laundry; Main Floor Primary
Unit 2 Amenities:
Hardwood Floors
Unit 2 Appliances:
Range; Refrigerator
Unit 2 Bath Description:
Upper Level 3/4 Bath
Unit 2 Cooling:
Window
Unit 2 Dining Room Description:
Eat In Kitchen
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 285000
- ListPrice
- 285000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 768
- Street Name
- Lafond
- Street Suffix
- Avenue
- Postal City
- Saint Paul
- County
- Ramsey
- State
- MN
- Zip Code
- 55104
- Complex/Dev/Subdivision
- Chute Brothers Division, No 12
Assessments
- Tax With Assessments
- 4444
Building Information
- Finished SqFt Above Ground
- 1552
More Information
Income and Expenses
- Annual Gross Expenses
- 4000
- Annual Gross Income
- 26400
- Annual Insurance Expense
- 2475
- Annual Maintenance Expense
- 300
- Annual Repair Expense
- 800
- Annual Trash Expense
- 661
- Annual Water/Sewer Expense
- 1224
- Total Annual Expenses
- 6000
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Dimensions
- 22x20
- Garage Square Feet
- 440
Public Survey Info
- Range#
- 23
- Section#
- 35
- Township#
- 29
Unit 1
- Furnished?
- No
- Leased?
- Yes
- Level
- Main Level
- Unit Number
- Yes
- 3/4 Baths
- Yes
- Annual Rent
- 14400
- Finished SqFt
- 832
- Monthly Expense
- 300
- Monthly Rent
- 1200
- No. of Units Like This
- Yes
- Oth Parking Spaces
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 5
Unit 2
- Furnished?
- No
- Leased?
- Yes
- Level
- 2nd Level
- Unit Number
- 2
- 3/4 Baths
- Yes
- Annual Rent
- 12000
- Finished SqFt
- 720
- Monthly Expense
- 300
- Monthly Rent
- 1000
- No. of Units Like This
- Yes
- Oth Parking Spaces
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 5
Unit Details
- Total Units
- 2
Listing Office:
Kris Lindahl Real Estate
Last Updated: October - 12 - 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.