787 Watson AVE, Saint Paul, MN 55102
787 Watson AVE, Saint Paul, MN 55102
787 Watson AVE, Saint Paul, MN 55102
25
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$389,000
Est. payment /mo
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5 Beds
3 Baths
2,073 SqFt
Active

787 Watson AVE Saint Paul, MN 55102

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Jeremy Moore

Jeremy Moore

+1(651) 895-9324

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Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,073 sqft

Price per Sqft $187

Subdivision Clarkes Add

MLS Listing ID 7131546

Bedrooms 5

Year Built 1889

Annual Tax Amount $7,336

Tax Year 2026

Contingent None

Lot Size 4,791 Sqft

Lot Dimensions 36x120

Property Sub-Type Duplex Up and Down

Property Description

This 1889-built duplex in St. Paul's sought-after West 7th neighborhood, offers immediate income from day one with multiple ways to increase its earning potential. The vacant 3-bedroom, 1-bath lower unit is freshly updated with new flooring, paint, lighting and ceiling fans, ready for an owner-occupant or new tenant. Upstairs, an existing tenant is leased at $1,900/month through June 2027, helping offset your mortgage from day one. Here's where it gets interesting. The upper level includes a 1-bedroom/1-bath + loft AND a separate studio with its own entrance and ¾ bath. After the lease ends, explore converting the studio into a conforming third unit by adding a kitchenette, plumbing, separate utilities and obtaining required City approvals. Prefer to rent the entire property? The lower unit has an estimated market rent of approximately $2,100/month, creating potential for roughly $4,000/month in combined gross rent in its current duplex configuration. Each unit has its own washer/dryer, and major improvements including the roof, water heater, sump pump and appliances. An oversized 24x19 detached 2-car garage with tall ceilings, a small office and additional storage potential adds even more flexibility. Located in West 7th with convenient access to downtown St. Paul, Xcel Energy Center, United Hospital, MSP Airport, Mississippi River recreation, dining and entertainment. House hack it. Rent both units. Explore a third unit. Maximize the garage. One property. Multiple ways to create income. Schedule your showing and see the possibilities for yourself.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Baseboard

Fireplace No

Laundry In Basement, Upper Level

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light

Story More Than 2 Stories

Foundation 1190

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District St. Paul

Listed by Josh Pomerleau • JPW Realty
Nearby Locations
Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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787 Watson AVE