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$279,999   Price Analysis
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768 Lafond Ave
Saint Paul, MN 55104
2 bed 2 bath 1,552 SqFt ($180/SqFt)
4,966SqFt lot. Built 1886
Listed 2024-05-03, Taxes $3,944
Ⓧ USDA Ineligible
due to location

near Saint Paul

Don't miss out on this incredible opportunity!

A prime income-generating property awaits you with this turn-key duplex. The lower level unit has been updated, featuring modern kitchens with in-unit laundry, refreshed bathroom, new flooring in the kitchen and original character throu ghout. The upper-level unit has been occupied by the same renter for almost 30 years.

This well-maintained property boasts not a newer roof and windows but also a convenient two-car garage. Perfectly situated a few blocks away from the light rail and bus lines, restaurants and entertanment and a quick walk to Ryan Park. This property is not a home; it's an investment in convenience and comfort. Act fast, as properties like this one rarely stay on the market for long!


Presented by Allie Walsh at
EXP Realty .
Listing Agent Photo

Property MLS #6526112 from NorthstarMLS

Bedrooms: 2

Basement Features: Brick/Mortar, Poured Concrete, Unfinished

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Electric, Natural Gas

Fiber Board
Wood
Fencing: Chain Link
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Light, Underground Utilities
Lot Size Acres: 0.114
Lot Size Dimensions: 40x126
Lot Size Square Feet: 4966

Garage Spaces: 2
Parking Features: Detached Garage
Garage Sqft: 440

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 100.00

Gross Income: 21600.00
Tenant Pays: Broadband, Cable T.V., Electric, Fuel, Lawn, Snow

Number of Units: 2

School District: 625 - St. Paul

Maxfield Magnet Elementary School is a public elementary school located approximately 0.5 miles away.
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Central Senior High School is a public high school located approximately 1 miles away.
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Ramsey Middle School is a public middle school located approximately 2.3 miles away.
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St. Agnes School is a private elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Annual Tax Amount: 4260.00
Source Listing Status: Active
County: Ramsey-MN
Directions: Dale St. to Lafond Ave. West to property
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1300.00
Source Neighborhood: Thomas-Dale (Frogtown)
Owner Pays: Insurance, Maintenance/Repair, Taxes, Trash, Water/Sewer
Parcel Number: 352923120203
Subdivision: Chute Brothers Division, No 12
Trash Expense: 756.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$173,200 + $20,000
$193,200
$3,944
2021$163,400 + $11,200
$174,600
$3,500
2020$145,800 + $11,200
$157,000
$3,354
2019$126,200 + $11,200
$137,400
$2,982
2018$128,900 + $11,200
$140,100
$3,092
2017$113,900 + $11,200
$125,100
$2,838
2016$96,000 + $11,200
$107,200
$2,544
2015$94,500 + $11,200
$105,700
$2,516
2014$74,400 + $13,700
$88,100
$2,272
2013$65,000 + $13,700
$78,700
$2,074
2012$63,400 + $15,300
$78,700
$1,924
2011$69,000 + $17,300
$86,300
$1,860
2009$unknown + $unknown
$143,600
$2,386
2008$unknown + $unknown
$161,200
$2,480
2007$unknown + $unknown
$140,200
$2,196

Listed 2024-05-03
$279,999
NorthstarMLS
Sold 2022-03-01
$250,000
Public Record
Listed 2022-02-28
$249,900
NorthstarMLS
Sold 2022-02-25
$250,000
NorthstarMLS
Listed 2022-01-31
$249,900
NorthstarMLS
Sold 2018-12-02
$166,000
NorthstarMLS
Relisted 2018-11-16
$149,900
GreaterLakes
Relisted 2018-11-16
$149,900
NorthstarMLS
Listing removed 2018-11-13
$149,900
GreaterLakes
Listing removed 2018-11-12
$149,900
NorthstarMLS
Listed 2018-11-05
$149,900
GreaterLakes
Listed 2018-11-05
$149,900
NorthstarMLS

Net Operating Income: 15244.00
Operating Expense: 6356.00

Total Square Feet Living: 1552
Above Grade Finished Area: 1552
Foundation Area: 832.00
Property Age: 138
Property Condition: Previously Owned
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 1552.00
Total Area Main: 832.00
Total Below Grade Area: 830.00

Sewer: City Sewer/Connected
Water Sewer Expense: 800.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.