1599 Rice St Saint Paul, MN 55117
Property details
About 1599 Rice St
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 throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)
Highlights
Virtual tour
Summary
- Basement: No
- Garage Space: 4 spaces
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Forced Air
- List Price: $829,999
- Price/SqFt: $158
- Annual Tax Amount: $13,088
- Tax Year: 2024
- Directions: On the west side of Rice Street between Iowa Ave and E wheel lock Pky
- Year Built: 2004
- Living Area: 5,230 SqFt
- MLS Number: 6728027
- MLS Name: NORTHSTAR
- Office Name: Real Broker, LLC
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $616,000 | $13,088 |
| 2023 | $674,300 | $16,796 |
| 2022 | $674,300 | $15,804 |
History based on county public records data.
Nearby schools
2
Mississippi Creative Arts Elementary School
Public Magnet PK-5
0.8 mi
•1575 L Orient St
4
Saint Paul Music Academy
Public Magnet PK-6
1.0 mi
•27 Geranium Ave E
3
Harambee Elementary School
Public District PK-6
1.1 mi
•30 County Road B E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,843. The most common annual income of people living in Saint Paul, MN is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
Frequently asked questions
About 1599 Rice St
The listing price of 1599 Rice St property is $829,999.
The property 1599 Rice St is a multi located in Saint Paul, Minnesota, 55117.
Active Listing: 1599 Rice St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1599 Rice St are: Mississippi Creative Arts Elementary School (GreatSchools Rating 2/10), Saint Paul Music Academy (GreatSchools Rating 4/10), Harambee Elementary School (GreatSchools Rating 3/10), Community School of Excellence (GreatSchools Rating 5/10), Community of Peace Academy Middle School (GreatSchools Rating 3/10), Parkview Center School (GreatSchools Rating 6/10), Washington Technology Magnet School (GreatSchools Rating 2/10), Mmsa High School (GreatSchools Rating 2/10), Como Park Senior High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $13,088 (source: MLS/based on county public records data).
The property 1599 Rice St is 5,230 SqFt (source: MLS/tax record).
The year of construction for 1599 Rice St is 2004.
This home is located at 1599 Rice St in Saint Paul, MN and zip code 55117 in the North End neighborhood. This 5,230 square foot home was built in 2004. Features: 0 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $829,999.
While more than 137 listings in Saint Paul, MN in June 2025 were sold above asking price, there were more than 54 listings sold at asking price, and more than 72 were sold below. The inventory of homes for sale in Saint Paul, MN between May and June 2025 increased by 12.2%. The median list price of listings available in June 2025 was $299,367, while the average time on the real estate market was 25 days.