Map
Listed price in listed location currency (USD).
$389,000

532

MLS® 7131546

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2073 sqft
Garage Yes
Taxes $7,336
Days Active 0
Lot Size 0.11 Acres
Approx. Age 1889
Avg. Price Per Sqft $187
MLS® Number 7131546

Property Address: 787 Watson Ave, Saint Paul, MN, 55102-3917

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7131546
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1889
BasementUnfinished
DrivewayDetached Garage
Garage Spaces
HeatBaseboard
A/C

Extras

Price History

Last Sold Price

$369,000$369K

Appreciation

--

Avg. Days Listed

20 days

Today, For Sale for $389,000

For Sale · 0 days

$389,000

MLS® 7131546

7 hours ago

Not Sold Yet

October 2026, For Sale for $389,000

For Sale · 0 days

$389,000

MLS® 7131546

7 hours ago

Not Sold Yet

November 2023, Sold for $369,000

53-web-or-mls-Watson Ave-053.jpg
Sold · 20 days

$369,000$359,000

MLS® 6446695

3 years ago

Sold on Nov 1, 2023

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties