893 Jenks Avenue, Saint Paul, MN 55106

$374,000
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 6,489 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $374,000 List Date: 11/03/2025 Last Modified: 4/29/2026

Overview

Description

Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow. Each unit includes private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel, Individual 40-gallon water heater. One unit was just updated. Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity. Additional Amenities: Off-street parking behind the building, Lockable basement storage units for each tenant, Coin-operated washer and dryer in the basement for added income. Close to shopping, bike trails, and public transit. This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!

Listing Details MLS# 6813006

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront Present
No
Year Built
1889
Yearly/Seasonal
Yearly
Main Floor Total SqFt
2163
Above Ground SqFt
4326
Below Grd Total SqFt
2163
Total SqFt
6489
Foundation Size
2163
Style
(MF) Four Plex
Total Finished Sqft
4326.00
Lot Dimensions
Irregular
Acres
0.1
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block; Stone Fuel: Natural Gas Heating: Forced Air Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
399000
ListPrice
374000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
893
Street Name
Jenks
Street Suffix
Avenue
Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55106
Complex/Dev/Subdivision
Howards Add To St Paul

Assessments

Tax With Assessments
7612
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4326

More Information

Income and Expenses

Annual Electric Expense
323
Annual Gross Expenses
15293
Annual Gross Income
43200
Annual Insurance Expense
4830
Annual Maintenance Expense
795
Annual Net Income
27906
Annual Repair Expense
795
Annual Trash Expense
1203
Annual Water/Sewer Expense
990
Total Annual Expenses
15293
Annual Caretaker Expense
0
Annual Fuel Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
28
Township#
29

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
10800
Finished SqFt
1000
Monthly Expense
4450
Monthly Rent
900
No. of Units Like This
4
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit Details

Total Units
4

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
HOWARDS ADDITION TO SAINT PAUL LOT 19
Listing City
Saint Paul
Map Page
108
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
3209
Property ID Number
282922230064
Tax Year
2025
Tax Amount
7612
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow. Each unit includes private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel, Individual 40-gallon water heater. One unit was just updated. Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity. Additional Amenities: Off-street parking behind the building, Lockable basement storage units for each tenant, Coin-operated washer and dryer in the basement for added income. Close to shopping, bike trails, and public transit. This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!
Directions
From intersection of Maryland Ave. E. and Arcade St - South on Arcade then East on Jenks to property

Accessible

None
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Documents

Listing Office: HomeAvenue Inc
IDX
Last Updated: April - 29 - 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.