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485 Belvidere Street E, Saint Paul, MN 55107

Saint Paul
Local realty services provided by:CENTURY 21 FM Realty
485 Belvidere Street E,Saint Paul, MN 55107
$475,000
  • 6 Beds
  • 4 Baths
  • 4,600 sq. ft.
  • Multi-family
  • Active
Listed by: nathan r schammel, luke hermanson
Office: mrg realty partners, llc.
MLS#:6823925
Source:ND_FMAAR

Price summary

  • Price:$475,000
  • Price per sq. ft.:$103.26

About this home

Fully leased 4-plex on St. Paul's West Side, south of the river with easy access to downtown, the West Side Flats, and District del Sol. Quiet residential block with strong renter demand from the surrounding neighborhood. Close to parks, local restaurants, and transit without the traffic of a main corridor. Two 2BR/1BA units and two 1BR/1BA units across 2,950 SF. All four tenants are on signed leases through mid-2026 to mid-2027 at rents that were increased during the most recent lease-up cycle. 100% occupancy with market rent upside remaining and room to push on renewals. Tenants pay their own gas and electricity. Owner covers water/sewer and trash. The property is enrolled in the City of St. Paul's 4d Affordable Housing Incentive Program, which provides up to an 80% reduction in property tax class rates on enrolled units. The covenant transfers with the property, so a buyer inherits the tax benefit on day one, with estimated annual savings of $4,600+ compared to standard tax...

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Home facts

  • Year built:1893
  • Listing ID #:6823925
  • Added:8 day(s) ago
  • Updated:April 04, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Basement:Yes
  • Living area:4,600 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1893
  • Building area:4,600 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$103.26
  • Tax amount:$2,248

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