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627 Palace Avenue, 
Saint Paul, MN 55102

$150,000


4

Beds


2

Baths


1,402

Sq Ft


Multi-Family

Pending

Listed by

Kelly Arvidson

Jason Arvidson

Keller Williams Preferred Rlty

952-746-9696

Last updated:

August 11, 2026, 08:38 AM

MLS#

7087916

Source:

NSMLS

About This Home

627 Palace Avenue

Excellent investment opportunity in a prime Saint Paul location! This up/down duplex features two 2-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Major exterior improvements have already been completed, including newer siding, a newer roof, and newer chain-link fencing surrounding the large, flat corner lot. An oversized detached 1-car garage provides additional storage and rental appeal. While the property requires updates and repairs, it presents an opportunity to renovate, increase rents, and maximize returns. Whether you're expanding your portfolio, pursuing a BRRRR strategy, or seeking a property with long-term upside, this duplex offers a solid foundation for your investment goals. Conveniently located just one block off West 7th Street with easy access to downtown Saint Paul, major highways, shopping, dining, public transportation, and other everyday amenities. Bring your vision and unlock the potential of this income-producing property.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1884

Subdivision & Development:

Thomas Dalys Sub Of Blks18&31

Price Summary

150,000

$106 per Sq. Ft.

MLS #:

7087916

Last Updated:

August 11, 2026, 08:38 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,402 Sq. Ft.


Structure

Structure

Building Area:

2,146 Sq. Ft.

Year Built:

1884


Lot

Lot Size (Sq. Ft):

4,486


Finances & Disclosures

Finances

Price:

$150,000

Price per Sq. Ft:

$106 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.