MLS: #7156355, Listed By: JoAnn White, Ashworth Real Estate, Source:FargoMoorhead Area Association of REALTORS
1049 Gorman Avenue
Saint Paul, MN 55118
6
Bed
3
Bath
2,846Sqft
0.16Acre(Lot)
Fantastic owner-occupant or investment opportunity! This 6-bedroom, 3-bath triplex offers three separate living spaces with excellent income potential. Turnkey 6-bedroom, 3-bath triplex with strong income potential in West St. Paul. Three separate living spaces include a 1BR/1BA lower unit, 2BR/1BA main-level unit with two living areas and private laundry, and spacious 3BR/1BA upper unit. Rental-grade renovations have already been completed, making this an excellent opportunity for an investor or owner-occupant. Pro-forma rents of approximately $5,050/month ($60,600 annually), plus potential garage income. At the $449,900 asking price, this represents an approximately 8.1% pro-forma cap rate using a 40% operating-expense assumption. Property features a 2+ car detached garage, corner lot an
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3Room Information
Has Basement: Yes Basement: Block, Concrete -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1941 Building Area Total: 2846 Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 50x140 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6Property Information
Subdivision: Michel B Add Source Property Type: Residential Income Postal Code Plus 4: 3523 Property SubType: Triplex Levels: Two Property Age: 85
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Listing Price Information
Listing Price: $449900
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Tax Information
Parcel Number: 424810011110 Tax Year: 2026 Annual Tax: $5518 Tax Legal Desc: MICHEL B ADDITION 11 11
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Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: South Robert Street. Right on Bernard Street East. Left on Gorman Avenue. WaterSource: Public
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ByOwner last updated this listing 10/11/2026 @ 14:16
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