429 Mount Ida Street, Saint Paul, MN 55130 - MLS# 7136892
$499,900
This property is ready to house hack! Owner occupy and get into Real Estate investing with 1 unit freshly remodeled. New floor, appliances, and painted.
Well-built four-plex in Railroad Island, one of Saint Paul’s most actively reinvested pockets. Sits a short walk from the Village on Rivoli — the largest new single-family home development the city has seen in decades — plus the Rivoli Bluff urban farm and orchard, Swede Hollow Park and the Bruce Vento Trail. New roof and new gutters in 2025. Long-term tenants and a stabilized rent roll with a mix of self-pay and voucher-assisted income.
431 Mount Ida, second floor, opens October 1 — move in and house hack while the other three units carry the note. Genuine upside for a visionary buyer: build out rentable storage in the basement, frame an additional bedroom below grade, and add up to two bedrooms on each top floor to take those units from 2BR to 3–4BR (buyer to verify egress and permitting with the City of Saint Paul). All tenants have been notified of the pending sale and several have expressed interest in staying. Easy to rent, easy to hold.
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Location
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 60% of occupied homes are owner-occupied, and the average commute is 24 minutes.
Cost of Ownership
Median home value
$232,300
Lower than the St. Paul median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$2,224/yr
Lower than the St. Paul median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,722/mo
Lower than the St. Paul median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$621/mo
Lower than the St. Paul median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,371/mo
Higher than the St. Paul median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
60%
Higher than St. Paul overall
The share of occupied homes lived in by their owners.
Median year built
1948
Similar to the St. Paul median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2000-200914%
- 1939 or earlier44%
Types of homes
The share of housing units in each building type.
- Single-family detached50%
- 2-4 units13%
- 5+ units21%
Getting Around
Average commute
24 min
Higher than the St. Paul median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone58%
- Carpool12%
- Work from home18%
Homes with broadband
87%
Similar than St. Paul overall
The share of households with a broadband internet subscription.
