609 Portland Avenue, Saint Paul, MN 55102

$799,900
Property Type: Commercial Bedrooms: 10 Baths: 4 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $799,900 List Date: 3/20/2026 Last Modified: 4/08/2026

Overview

Description

This is a wonderful investment opportunity in the heart of Ramsey Hill. 4 large apartments and 1 efficiency (in the lower level). All the units have been updated over time and all have 1 off street parking space in the back. This wonderfully kept building still has all the Old World Charm one would expect, yet surfaces have been touched with modern conveniences. 48 hour noticed required. One unit on the first viewing is available and for 2nd showings, one may see all units. This is a wonderful way to assure your retirement income! See supplement for a long list of terrific improvements. Laundry located in the basement.

Listing Details MLS# 7039926

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront Present
No
Year Built
1915
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2500
For Sale or Lease
For Sale
Acres
0.17
Lot Dimensions
55 x 144
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Ductless Amenities Shared: Coin-op Laundry Owned Amenities Unit: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable Basement: Storage Space; Unfinished CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Fencing: None Flooring: Tile; Vinyl/Linoleum; Wood Foundation: Stone Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light On Site Utilities: Electric Separate; Hot Water Common Parking Characteristics: Parking Lot; Assigned Pool Description: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Wall Description: Plaster Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
799900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
609
Street Name
Portland
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55102
Complex/Dev/Subdivision
Subdivision Of Blocks 17 &, 23

Assessments

Tax With Assessments
12798
Assessment Balance
0

Building Information

Building Finished SqFt
5600
Building SqFt
7500
Ceiling Height
8-10

More Information

Income and Expenses

Annual Electric Expense
3731
Annual Gross Income
69240
Annual Insurance Expense
7658
Annual Trash Expense
1008
Annual Water/Sewer Expense
1563
Total Annual Expenses
26759

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
01
Township#
28

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Leased?
Yes
Lease Expiration Date
2026-04-30

Unit 2

No. of 2 Bedroom Units
4
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2

Unit 3

Lease Expiration Date
2026-06-30
Leased?
Yes
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
3

Unit 4

Full Baths
Yes
Lease Expiration Date
2026-05-31
Leased?
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
4

Unit 5

Lease Expiration Date
2026-04-30
Leased?
Yes
Level
Below Ground
Total Bedrooms
2
Unit Number
Yes

Unit Details

Total Units
5

Unit Information

No. of Efficiency Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
SUBDIVISION OF BLOCKS 17 23 E 5 FT OF LOT 12 AND ALL OF LOT 13 BLK 17
Listing City
Saint Paul
Map Page
122
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
2409
Property ID Number
012823230106
Tax Year
2025
Tax Amount
12798
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This is a wonderful investment opportunity in the heart of Ramsey Hill. 4 large apartments and 1 efficiency (in the lower level). All the units have been updated over time and all have 1 off street parking space in the back. This wonderfully kept building still has all the Old World Charm one would expect, yet surfaces have been touched with modern conveniences. 48 hour noticed required. One unit on the first viewing is available and for 2nd showings, one may see all units. This is a wonderful way to assure your retirement income! See supplement for a long list of terrific improvements. Laundry located in the basement.
Directions
From Exit 240 Dale St. Head South on Dale turn East onto Portland

Accessible

None
Yes

Air Conditioning

Ductless
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Amenities Unit

Hardwood Floors
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Basement

Storage Space
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Fencing

None
Yes

Flooring

Tile
Yes
Vinyl/Linoleum
Yes
Wood
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Parking Characteristics

Parking Lot
Yes
Assigned
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Plaster
Yes

Water

City Water/Connected
Yes

No. of Ranges

Five
Yes

No. of Refrigerators

Five
Yes

On Site Utilities

Electric Separate
Yes
Hot Water Common
Yes

CMU Style

Low Rise
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Rent Rate per Foot

Per Month
Yes

Documents

Listing Office: Verve Realty
IDX
Last Updated: April - 08 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.