768 Lafond Avenue, Saint Paul, MN 55104 (MLS# 7140536)

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

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 bu ...

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
IDX
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.