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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Last updated on: 6/3/2025, 9:37:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$829,999
1599 Rice St
$9,856
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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. Residents of Saint Paul, MN typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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
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.
In May 2025 more than 131 listings in Saint Paul, MN were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 51 were sold below. The number of listings in Saint Paul, MN increased by 18.8% between April and May 2025. In May 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $299,806.