1599 Rice St
Description
.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...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)
- Listed by Real Broker, LLC
- Listed by Real Broker, LLC
Property Details for 1599 Rice Street
Property Details for 1599 Rice Street
| Status | Active |
|---|---|
| MLS # | 6728027 |
| Days on Compass | 100 |
| Taxes | $12,228 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 2004 |
| Lot Size | 0.21 AC / 9,147 SF |
| County | Ramsey County |
Location
Virtual Tour
Building Information for 1599 Rice Street
Payment Calculator
$5,021 per month
30 year fixed, 6.28% Interest
$4,002
$1,019
$0
Property Information for 1599 Rice Street
- City Name: Saint Paul
- County Or Parish: Ramsey
- County: Ramsey-MN
- Directions: On the west side of Rice Street between Iowa Ave and E wheel lock Pky
- Latitude: 44.98945
- Longitude: -93.106239
- Map Coordinate: 108-B2
- City and Location: Saint Paul
- City and Location Text: Saint Paul(MN)
- Postal Code: 55117
- State Or Province: MN
- Public Survey Township: 29
- Additional Parcels: No
- Parcel Number: 242923110128
- Tax Annual Amount: $12,228.00
- Tax Legal Description: RICE STREET VILLAS LOT 7,8 and 9 BLK 8
- Tax Other Annual Assessment Amount: $4,727.00
- Tax Year: 2025
- Tax With Assessments: 16956
- High School District: 2102 - St. Paul
- School District Number: 2102
- School District Phone: 6517678100
- Above Grade Fin SQFT: 5230.0
- Below Grade Fin SQFT: 0.0
- SQFT Total: 5230.0
- Living Area Units: Square Feet
- Lot Size Area: 0.21
- Lot Size Dimensions: 75ft x 123ft x 75ft x 123ft
- Lot Size Units: Acres
- Present Use: Yearly
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- SQFT Main Total: 4004
- Above Grade SqFt Total: 5230
- Below Grade SqFt Total: 0
- Sewer: City Sewer/Connected
- Water Source: City Water - In Street
- Accessibility Features: None
- Foundation Area: 4004.0
- Fuel: Electric
- Basement Type: None
- Bathrooms Total Count: 6
- Bedrooms Total: 14
- DP Resource: Yes
- Garage Dimensions: 25.1 x 12.2
- Garage Square Feet: 305
- Heating: Forced Air
- Levels: Two
- Basement YN: No
- Unit Bath Full: 1
- Unit Monthly Expenses: 455
- Unit Rooms Total: 8
- Unit SqFt: 980
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Unit Type Units Total: 1
- Unit Is Leased: Y
- Unit Level: Main Level
- Unit Type Total Rent: 1800
- Unit Bath Full: 1
- Unit Monthly Expenses: 455
- Unit Rooms Total: 8
- Unit SqFt: 980
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Unit Type Units Total: 1
- Unit Is Leased: Y
- Unit Level: Main Level
- Unit Type Total Rent: 1500
- Unit Bath 3Qtr: 1
- Unit Bath Full: 1
- Unit Monthly Expenses: 455
- Unit Rooms Total: 10
- Unit SqFt: 1635
- Unit Type Baths Total: 2
- Unit Type Beds Total: 4
- Unit Type Units Total: 1
- Unit Is Leased: Y
- Unit Level: Multi-Level
- Unit Type Total Rent: 2100
- Unit Bath 3Qtr: 1
- Unit Bath Full: 1
- Unit Monthly Expenses: 455
- Unit Rooms Total: 10
- Unit SqFt: 1635
- Unit Type Baths Total: 2
- Unit Type Beds Total: 4
- Unit Type Units Total: 1
- Unit Is Leased: Y
- Unit Level: Multi-Level
- Unit Type Total Rent: 2200
Property History for 1599 Rice Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 18, 2025 | Price Change NorthStar #6728027 | $810,000 | — |
| Nov 6, 2025 | Listed (Active) NorthStar #6728027 | — | |
| Oct 30, 2025 | Pending NorthStar #6728027 | — | |
| Oct 3, 2025 | Listed (Active) NorthStar #6728027 | — | |
| Aug 4, 2025 | Pending NorthStar #6728027 | — | |
| Jul 25, 2025 | In Contract NorthStar #6728027 | — | |
| May 29, 2025 | Price Change NorthStar #6728027 | $829,999 | — |
| May 29, 2025 | Listed (Active) NorthStar #6728027 | — | |
| Dec 29, 2009 | Sold Lake Superior Area REALTORS #1691259 | $310,000 | — |
| Dec 18, 2009 | Pending Lake Superior Area REALTORS #1691259 | — | |
| Aug 24, 2009 | Listed (Active) Lake Superior Area REALTORS #1691259 | $329,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/18/2025 | Price Change NorthStar #6728027 | $810,000 |
| 11/06/2025 | Listed (Active) NorthStar #6728027 | — |
| 10/30/2025 | Pending NorthStar #6728027 | — |
| 10/03/2025 | Listed (Active) NorthStar #6728027 | — |
| 08/04/2025 | Pending NorthStar #6728027 | — |
| 07/25/2025 | In Contract NorthStar #6728027 | — |
| 05/29/2025 | Price Change NorthStar #6728027 | $829,999 |
| 05/29/2025 | Listed (Active) NorthStar #6728027 | — |
| 12/29/2009 | Sold Lake Superior Area REALTORS #1691259 | $310,000 |
| 12/18/2009 | Pending Lake Superior Area REALTORS #1691259 | — |
| 08/24/2009 | Listed (Active) Lake Superior Area REALTORS #1691259 | $329,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1599 Rice Street
Schools near 1599 Rice Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Chelsea Heights Elementary School PublicPK to 5 | ||
Murray Middle School Public6 to 8 | ||
Como Park Senior High School Public9 to 12 | ||
Riverview Magnet Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Real Broker, LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 12:22 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.
