Savvy Avenue
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Street View
$549,500
Monthly Est:$2,735
8 Beds
4 Baths
3,392sqft
1607 Van Buren Ave, Saint Paul, MN 55104
$549,500
$2,735/moEst:
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Duplex
Built in 1909
$-- HOA
0.14 acre lot
$162/sq.ft
Description
3.99% Assumable FHA Mortgage Available (Buyer Must Qualify) | Price Reduced $5,000 | One Unit Vacant November 1st
Live in one unit and let the neighboring unit help pay your mortgage. With one unit becoming vacant on November 1st, this is a rare opportunity for a first-time homebuyer, owner-occupant, or house hacker to take advantage of an assumable 3.99% FHA mortgage while generating rental income from the adjacent unit.
Rare side-by-side duplex in St. Paul's Hamline-Midway neighborhood offering over 5,100 finished square feet, 8 bedrooms, and 4 bathrooms. Each unit lives like a single-family home with spacious multi-level layouts, private entrances, generous living areas, and abundant storage throughout.
The soon-to-be-vacant unit was recently marketed at approximately $2,600 per month and generated significant interest from prospective tenants, giving the next owner flexibility to either occupy the space or lease it at market rent.
Recent improvements include new appliances and other updates that support strong rental performance while preserving future value-add potential. Situated on a 6,100-square-foot lot, the property offers off-street parking and private outdoor space for residents.
Conveniently located near Allianz Field, the Green Line light rail, major universities, shopping, restaurants, and both downtown Minneapolis and downtown St. Paul, the property provides easy access to some of the Twin Cities' most desirable amenities and employment centers.
Whether your goal is to reduce your living expenses through owner-occupied investing, begin building a real estate portfolio, or acquire a large income-producing asset with attractive financing, this property offers flexibility, scale, and immediate upside.
Opportunities to purchase a duplex of this size with a vacant unit, immediate house-hack potential, and an assumable 3.99% mortgage are increasingly rare in today's interest rate environment.
- Houzeo last checked: 0 minutes ago
- Listing updated: September 28, 2026 at 9:43 pm
- Listing Provided by: Gregory Mark Ebacher (224) 688-0442 | eXp Realty (320) 500-4397
- Source: Northstar MLS-MN | MLS#: 7148007
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1909
HOA Fees
-
Finished Area
3,392 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7148007
Days on Market
17
Cumulative Days on Market
124
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Exterior Features
Vinyl
Sewer
City Sewer/connected
Heating
Boiler
Construction
Year Built
Year Built: 1909
Home type
Duplex
Foundation Details
Block
Utilities & Energy
Association Amenities
None
Basement
Block, Daylight/lookout Windows, Owner Access, Partial
Water Source
City Water/connected
Laundry Features
In Unit
Parking Features
Detached Garage
Other Features
Tenant Pays
All Utilities
Subdivision Name
Hopkins Second Add To, St
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Listed for Sale | $549,500 -0.99% $162/sqft |
09/01/2026 Source: | Listing Removed | $555,000 $164/sqft |
07/08/2026 Source: | Listed for Sale | $555,000 -1.77% $164/sqft |
07/01/2026 Source: | Price Decreased | $565,000 -3.42% $167/sqft |
05/26/2026 Source: | Price Decreased | $585,000 -2.34% $172/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 08, 2026, 10:01PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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