1221 Ross Avenue, Saint Paul, MN 55106
Local realty services provided by:CENTURY 21 FM Realty
1221 Ross Avenue,Saint Paul, MN 55106
$224,900
- 4 Beds
- 2 Baths
- 3,016 sq. ft.
- Multi-family
- Active
Listed by: johnny vang
Office: exp realty
MLS#:6819027
Source:ND_FMAAR
Price summary
- Price:$224,900
- Price per sq. ft.:$74.57
About this home
This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Contact an agent
Home facts
- Year built:1923
- Listing ID #:6819027
- Added:71 day(s) ago
- Updated:January 28, 2026 at 06:16 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Living area:3,016 sq. ft.
Structure and exterior
- Year built:1923
- Building area:3,016 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$224,900
- Price per sq. ft.:$74.57
- Tax amount:$2,908
New listings near 1221 Ross Avenue
- New
$194,900Active2 beds 2 baths1,872 sq. ft.952 Western Avenue N, Saint Paul, MN 55117
MLS# 7012739Listed by: JPW REALTY - New
$613,995Active3 beds 4 baths1,989 sq. ft.848 Woodlawn Avenue, Saint Paul, MN 55116
MLS# 7013523Listed by: PULTE HOMES OF MINNESOTA, LLC - New
$280,000Active4 beds 2 baths2,162 sq. ft.1239 Sherburne Avenue, Saint Paul, MN 55104
MLS# 7013555Listed by: EDINA REALTY, INC. - New
$350,000Active3 beds 3 baths1,507 sq. ft.2651 New Century Boulevard S, Saint Paul, MN 55119
MLS# 7013699Listed by: EXP REALTY - New
$550,000Active2 beds 4 baths2,416 sq. ft.336 Spring Street, Saint Paul, MN 55102
MLS# 7010357Listed by: LAKES SOTHEBY'S INTERNATIONAL REALTY - New
$309,900Active3 beds 3 baths1,569 sq. ft.892 Cook Avenue E, Saint Paul, MN 55106
MLS# 7012036Listed by: EXP REALTY - Coming Soon
$349,900Coming Soon4 beds 2 baths777 Stryker Avenue, Saint Paul, MN 55107
MLS# 7011021Listed by: HOMESTEAD ROAD - Coming Soon
$589,000Coming Soon4 beds 3 baths1747 Ford Parkway, Saint Paul, MN 55116
MLS# 7013168Listed by: KELLER WILLIAMS PREMIER REALTY LAKE MINNETONKA
$1,100,000Pending0.44 Acres315 Stonebridge Boulevard, Saint Paul, MN 55105
MLS# 7013401Listed by: COLDWELL BANKER REALTY- New
$613,995Active3 beds 4 baths1,989 sq. ft.848 Woodlawn Avenue, Saint Paul, MN 55116
MLS# 7013523Listed by: PULTE HOMES OF MINNESOTA, LLC