1599 Rice Street Saint Paul, MN 55117
For Sale MLS# 6728027
14 beds 6 baths 5,230 sq ft Multi-family
Details for 1599 Rice Street
MLS# 6728027
Description for 1599 Rice Street, Saint Paul, MN, 55117
Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a.21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.PROPERTY HIGHLIGHTS :Built in 2004 with modern amenities throughoutIndividual HVAC systems for each unitIn-unit washer/dryer connectionsStainless steel appliances including side-by-side refrigerators Wood flooring and ample storage4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit)Excellent condition with minimal deferred maintenancePro Forma NOI: $91, 871 (11.07% cap rate with market rents)
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 14
Bathrooms: 6
Lot Size: 0.21 Acres
Square Feet: 5,230 sq ft
Year Built: 2004
Foundation: 4,004 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Rice Street Villas
Number Of Units Total: 4
County: Ramsey
Days On Market: 161
Construction Status: Previously Owned
School Information
District: 625 - St. Paul
Interior Features
Square Footage above: 5,230 sq ft
Utilities
Water: City Water - In Street
Sewer: City Sewer/Connected
Heating: Forced Air, Electric
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 4
Parking Description: Attached Garage, Garage Dimensions - 25.1 x 12.2, Garage Sq Ft - 305.0
Exterior: Vinyl
Lot Dimensions: 75ft x 123ft x 75ft x 123ft
Zoning: Residential-Multi-Family
Driving Directions
On the west side of Rice Street between Iowa Ave and E wheel lock Pky
Financial Considerations
Other Annual Tax: $4,727
Owner Pays: Trash,Water
Gross Income: 78011
Expense: 18326
Tax/Property ID: 242923110128
Tax Amount: 12228
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1599 Rice Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1599 Rice Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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