# 1599 Rice Street, Saint Paul, MN 55117

> **TL;DR:** 14bd/0ba other, $799,000 ($153/sqft), built 2004, 5,230 sqft. Est. $3,462/mo. Listed 315 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,000 |
| Price/sqft | $153 |
| Bedrooms | 14 |
| Square Feet | 5,230 |
| Year Built | 2004 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 315 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,462 |
| **Total** | **$3,462** |

## Property Highlights

- Built in 2004
- 0.21 acre lot

## Description

### Agent Description
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)

## Location

- **Address:** 1599 Rice Street, Saint Paul, MN 55117
- **County:** Ramsey-MN
- **Neighborhood:** Rice Street Villas
- **Coordinates:** 44.98945, -93.106239
- **Google Maps:** https://www.google.com/maps?q=44.98945,-93.106239

## Listing Agent

- **Name:** David Kampmeyer
- **Brokerage:** Real Broker, LLC
- **Phone:** 6127184444
- **Email:** david@gjgcommercial.com

## Primary Photo

![1599 Rice Street - Primary Photo](http://lh.rdcpix.com/a034f20bdbc7e2c324f54e51d4a97afcl-f2792828488r.jpg)

*75 total photos available on [listing page](https://www.propertysimple.com/listing/1599-rice-street-saint-paul-mn-55117-6728027)*

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**MLS#:** 6728027 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1599-rice-street-saint-paul-mn-55117-6728027)

---

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  "description": "Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a\n.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.\n\nPROPERTY HIGHLIGHTS :\nBuilt in 2004 with modern amenities throughout\nIndividual HVAC systems for each unit\nIn-unit washer/dryer connections\nStainless steel appliances including side-by-side refrigerators Wood floori",
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